In relation to the Property Registration Authority they seem to have adopted practice notes that contravene Laffoy judgement
This would relate to BOSplc where the Charges are in the name BOSIrl Ltd which was dissolved before BOSplc changed the Charge details, Laffoy means BOSplc and Start DAC can not validly register Charges
It would also apply where KBC were IIBHomeloans Ltd before changing its name and then onwards to a PLC, technically by Laffoy IIBHomeloans Ltd was the Charge but now does not exist
Has anyone come across this where the PRAI are granting title in direct contravention to Supreme Court obiter dicta?
If I'm reading this right neither BOS , Start nor KBC should be able to register title or get to
Repossess or sell any property where charges are in the original BOSIreland Ltd or IIBHomeloans Ltd Form
Anyone had exposure to this?
This would relate to BOSplc where the Charges are in the name BOSIrl Ltd which was dissolved before BOSplc changed the Charge details, Laffoy means BOSplc and Start DAC can not validly register Charges
It would also apply where KBC were IIBHomeloans Ltd before changing its name and then onwards to a PLC, technically by Laffoy IIBHomeloans Ltd was the Charge but now does not exist
Has anyone come across this where the PRAI are granting title in direct contravention to Supreme Court obiter dicta?
If I'm reading this right neither BOS , Start nor KBC should be able to register title or get to
Repossess or sell any property where charges are in the original BOSIreland Ltd or IIBHomeloans Ltd Form
Anyone had exposure to this?