Hyperlawhypertext legal database Companies’ Creditors Arrangement Act

← Historical versions

Versions of s. 11.7(1)

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
    When an order is made on the initial application in respect of a debtor company, the court shall at the same time appoint a person to monitor the business and financial affairs of the company. The person so appointed must be a trustee, within the meaning of subsection 2(1) of the Bankruptcy and Insolvency Act.
    Full text

    When an order is made on the initial application in respect of a debtor company, the court shall at the same time appoint a person to monitor the business and financial affairs of the company. The person so appointed must be a trustee, within the meaning of subsection 2(1) of the Bankruptcy and Insolvency Act.

  2. 2009-09-18 to present View Source
    When an order is made on the initial application in respect of a companydebtor by the court under section 11,company, the court shall at the same time appoint a person, in this section and in section 11.8 referred to as "the monitor",person to monitor the business and financial affairs of the companycompany. whileThe person so appointed must be a trustee, within the ordermeaning remainsof insubsection effect.2(1) of the Bankruptcy and Insolvency Act.
    Full text

    When an order is made on the initial application in respect of a debtor company, the court shall at the same time appoint a person to monitor the business and financial affairs of the company. The person so appointed must be a trustee, within the meaning of subsection 2(1) of the Bankruptcy and Insolvency Act.

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

    When an order is made in respect of a company by the court under section 11, the court shall at the same time appoint a person, in this section and in section 11.8 referred to as "the monitor", to monitor the business and financial affairs of the company while the order remains in effect.