Hyperlawhypertext legal database Companies’ Creditors Arrangement Act

← Historical versions

Versions of s. 11.1(4)

C-36 — Companies’ Creditors Arrangement Act · 3 versions · View current text

Historical text comes from the Justice Laws point-in-time corpus and is unofficial — not the official version.

  1. 2019-11-01 to present available View Source
    If there is a dispute as to whether a regulatory body is seeking to enforce its rights as a creditor, the court may, on application by the company and on notice to the regulatory body, make an order declaring both that the regulatory body is seeking to enforce its rights as a creditor and that the enforcement of those rights is stayed.
    Full text

    If there is a dispute as to whether a regulatory body is seeking to enforce its rights as a creditor, the court may, on application by the company and on notice to the regulatory body, make an order declaring both that the regulatory body is seeking to enforce its rights as a creditor and that the enforcement of those rights is stayed.

  2. 2009-09-18 to present View Source
    NoIf there is a dispute as to whether a regulatory body is seeking to enforce its rights as a creditor, the court may, on application by the company and on notice to the regulatory body, make an order maydeclaring beboth made under this Act ifthat the orderregulatory wouldbody haveis seeking to enforce its rights as a creditor and that the effectenforcement of stayingthose orrights restrainingis the actions permitted under subsection (3).stayed.
    Full text

    If there is a dispute as to whether a regulatory body is seeking to enforce its rights as a creditor, the court may, on application by the company and on notice to the regulatory body, make an order declaring both that the regulatory body is seeking to enforce its rights as a creditor and that the enforcement of those rights is stayed.

  3. 2007-06-22 to 2009-09-18 View Source

    No order may be made under this Act if the order would have the effect of staying or restraining the actions permitted under subsection (3).