checktwice
Registered User
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We have an issue with our management company after an AGM a number of months ago.
We had noticed some less than satisfactory charges in the company accounts which could not be attributed to the normal running of the business .
As a group at the meeting we had got the receiver to concede this and that therefore the developer (they had tried to contra versus the developer debt to the company) was not a paid up member and had no vote as per Articles.
Upshot of the meeting was that the majority of the directors elected where residents, effectively removing control from the receiver ( other resolutions where passed which I will leave off for the purpose of the post).
Unfortunately the receiver has refused to lodge the resolutions with the CRO or register the new directors.
Has any other group come across this scenario?
We would also be interested in touching base with other resident groups where management company accounts have started to contain unusual items that have been used to cancel out developer debts.
We had noticed some less than satisfactory charges in the company accounts which could not be attributed to the normal running of the business .
As a group at the meeting we had got the receiver to concede this and that therefore the developer (they had tried to contra versus the developer debt to the company) was not a paid up member and had no vote as per Articles.
Upshot of the meeting was that the majority of the directors elected where residents, effectively removing control from the receiver ( other resolutions where passed which I will leave off for the purpose of the post).
Unfortunately the receiver has refused to lodge the resolutions with the CRO or register the new directors.
Has any other group come across this scenario?
We would also be interested in touching base with other resident groups where management company accounts have started to contain unusual items that have been used to cancel out developer debts.