Hi, wondered if someone could help?
We are currently within the tender stage of a Section 20 consultation for qualifying works at the block of apartments that we live in.
My main question is; what if one of the shareholders/owners isn't happy with the works being carried out, or alternatively, what if many of the shareholders have sat down together and decided it would be better for something different to happen etc...? Can the work be put on hold, do the Directors have to listen to us, or can they just continue on regardless?
Also, if there aren't enough funds in the reserve/sinking funds, are we to expect a one-off bill for the remainder? Should they not have told us this in advance if this is going to happen?
Many thanks for any help
We are currently within the tender stage of a Section 20 consultation for qualifying works at the block of apartments that we live in.
My main question is; what if one of the shareholders/owners isn't happy with the works being carried out, or alternatively, what if many of the shareholders have sat down together and decided it would be better for something different to happen etc...? Can the work be put on hold, do the Directors have to listen to us, or can they just continue on regardless?
Also, if there aren't enough funds in the reserve/sinking funds, are we to expect a one-off bill for the remainder? Should they not have told us this in advance if this is going to happen?
Many thanks for any help