ELB Securities Ltd v Love and another

Company – Restoration to register – Effect. Sheriff Court: Allowing an appeal in a case in which the Crown had disclaimed the title to a lease following the tenant company's dissolution, thereby terminating it, the landlords had commenced proceedings to repossess the premises, and a director of the tenant company had then had it restored to the register, the court concluded that the sheriff was wrong to agree with the defenders' contention that, in terms of s 1032(1) of the Companies Act 2006, all things had reverted to the status quo as it prevailed pre-dissolution and that landlords' action was irrelevant.

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