13/05/2018 – Jurisdiction British Columbia
Part 61 published on 01/03/2017
Court confirms resolution to wind up strata corporation
The strata corporation had held a special general meeting under Section 277 of the Strata Property Act for the owners to vote on a resolution calling for the voluntary winding-up of the strata corporation and the appointment of a liquidator. The resolution had been approved by the owners of 34 of the units, or 94%.
The strata corporation then applied for an order to confirm the resolution under Section 278.1 of the Strata Property Act. The Court granted the order. The Court said:
I am satisfied that most of the concerns that the Minority Owners have raised can be addressed by including terms giving effect to (the strata corporation’s legal counsel’s) assurances in the vesting order that the liquidator must seek under s. 279 of the Act.