This guide gives information about applications involving corporate bodies that are insolvent and where a liquidator has been appointed. It is aimed at insolvency practitioners, conveyancers and other legal advisers and you should interpret references to ‘you’ accordingly. HM Land Registry staff will also refer to it.
Sections 1, 2.3, 2.4. 2.5 and 5.1 have been updated to reflect the provisions of the Insolvency (Miscellaneous Amendments) Regulations 2017 (SI 2017/1119) which bring the insolvency procedures for limited liability partnerships into line with the changes already made to insolvency procedures for companies.
This guide has been updated to take account of changes made by the Insolvency (England and Wales) Rules 2016, as amended by the Insolvency (England and Wales) (Amendment) Rules 2017.
Section 2.6 has been added to clarify that where joint liquidators are appointed, the appointment must state whether they can act jointly or jointly and severally. This is not a change in practice but a requirement of section 231(2) of the Insolvency Act 1986.
A minor amendment has been made to section 7.1. This incorrectly referred to a company dissolved before 1 October 2006; it has been corrected to a company dissolved before 1 October 2009. Section 7.7.2 has been added relating to restrictions on freehold titles in favour of a named management company which has been dissolved.
Section 6.1 has been amended. From 10 October 2015 a company which has been wound up voluntarily is deemed to be dissolved after two months rather than three.