Hyperlawhypertext legal database Bankruptcy and Insolvency Act

← Historical versions

Versions of s. 197(7)

B-3 — Bankruptcy and Insolvency 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 a creditor opposes the discharge of a bankrupt and the court finds the opposition to be frivolous or vexatious, the court may order the creditor to pay costs, including legal costs, to the estate.
    Full text

    If a creditor opposes the discharge of a bankrupt and the court finds the opposition to be frivolous or vexatious, the court may order the creditor to pay costs, including legal costs, to the estate.

  2. 2009-09-18 to present View Source
    NotwithstandingIf anythinga increditor this section,opposes the total legal costs exclusivedischarge of disbursementsa for all legal services specified in paragraph (6)(e) shall not exceed ten per cent of the gross receipts less amounts paid to secured creditors, except with the approval of the inspectorsbankrupt and the court,court and, wherefinds the amountopposition therebyto availablebe frivolous or authorized for payment ofvexatious, the legalcourt feesmay is insufficient,order the feescreditor shallto bepay abatedcosts, proportionately.including legal costs, to the estate.
    Full text

    If a creditor opposes the discharge of a bankrupt and the court finds the opposition to be frivolous or vexatious, the court may order the creditor to pay costs, including legal costs, to the estate.

  3. 2002-12-31 to 2009-09-18 View Source

    Notwithstanding anything in this section, the total legal costs exclusive of disbursements for all legal services specified in paragraph (6)(e) shall not exceed ten per cent of the gross receipts less amounts paid to secured creditors, except with the approval of the inspectors and the court, and, where the amount thereby available or authorized for payment of the legal fees is insufficient, the fees shall be abated proportionately.