Hi
Wondering if anyone could help me. I'm the owner of an apartment and the management company that was set up to run the common areas of the apartment block was struck off the company register, 5 years ago, for failing to file accounts.
It turns out it never once filed accounts and the Common Areas were never transferred to the management company.
The residents in the apartment block have been running an adhoc management committee, paying block insurance etc. since the company was struck off. This is obviously not a long term solution and it is difficult to sell any of the apartments in this situation.
I understand the process for re-instating struck off companies, where they have been struck off for over a year, is quite an expensive on and involves a high court application. Is there another solution?? Has anyone any experience of this? I'd appreciate any help.
Thanks
Saudi
Wondering if anyone could help me. I'm the owner of an apartment and the management company that was set up to run the common areas of the apartment block was struck off the company register, 5 years ago, for failing to file accounts.
It turns out it never once filed accounts and the Common Areas were never transferred to the management company.
The residents in the apartment block have been running an adhoc management committee, paying block insurance etc. since the company was struck off. This is obviously not a long term solution and it is difficult to sell any of the apartments in this situation.
I understand the process for re-instating struck off companies, where they have been struck off for over a year, is quite an expensive on and involves a high court application. Is there another solution?? Has anyone any experience of this? I'd appreciate any help.
Thanks
Saudi