Claims do need greater backing
10/08/2006 NST
I REFER to the complaint by K.S.
of Kuala Lumpur ("Long wait for strata title" - NST, Aug 1).
Although I was appointed the
liquidator following an order of the High Court on Feb 24, in place of the
Official Receiver, my appointment became effective only on April 28 after
the court order was received.
A notice to all purchasers of
Heritage Condominium to submit documents to the liquidator for verification
to ascertain ownership of the units purchased prior to the transfer of the
strata titles to the purchasers/beneficial holder was advertised in one of
the national dailies on June 5.
I believe K.S. responded through
his solicitors and presented certain documents to us on various occasions in
June and July but these were inadequate for verification.
I belive K.S met with our senior
manager before he wrote to the Press and that the manager explained what
other documents were required to complete the verification exercise.
It included, among other things,
the full settlement of all outstanding maintenance charges and any
outstanding purchase price.
In his meeting with the
liquidator on June 13, K.S. was informed of the difficulties of the task the
liquidator was facing as the books and records of the company, in
particular, the purchaser's files were not released to the liquidator.
The liquidator has to rely on the
purchasers to submit all relevant documents to verify their rights of claims
and settlement of all amounts outstanding.
The liquidator's office has an
experienced project team which includes a legal assistant and the liquidator
himself to handle the verification exercise.
Despite our advertising the
notice in one of the national dailies and circulating the notice to all the
residents at the Heritage Condominium, the number of purchasers who have
come forward with the required documents for verification is still
incomplete for our transfer procedures.
Ler Cheng Chye
Kuala Lumpur
|