Hyperlawhypertext legal database Companies’ Creditors Arrangement Act

← Historical versions

Versions of s. 22(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
    A debtor company may divide its creditors into classes for the purpose of a meeting to be held under section 4 or 5 in respect of a compromise or arrangement relating to the company and, if it does so, it is to apply to the court for approval of the division before the meeting is held.
    Full text

    A debtor company may divide its creditors into classes for the purpose of a meeting to be held under section 4 or 5 in respect of a compromise or arrangement relating to the company and, if it does so, it is to apply to the court for approval of the division before the meeting is held.

  2. 2009-09-18 to present View Source
    ThisA Actdebtor shall,company onmay divide its creditors into classes for the expirationpurpose of fivea yearsmeeting afterto be held under section 4 or 5 in respect of a compromise or arrangement relating to the comingcompany intoand, forceif ofit thisdoes section,so, standit referredis to suchapply committeeto the court for approval of the Senate,division ofbefore the Housemeeting ofis Commons or of both Houses of Parliament as may be designated or established to review the administration and operation of this Act.held.
    Full text

    A debtor company may divide its creditors into classes for the purpose of a meeting to be held under section 4 or 5 in respect of a compromise or arrangement relating to the company and, if it does so, it is to apply to the court for approval of the division before the meeting is held.

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

    This Act shall, on the expiration of five years after the coming into force of this section, stand referred to such committee of the Senate, of the House of Commons or of both Houses of Parliament as may be designated or established to review the administration and operation of this Act.