Section 113 — Bankruptcy and Insolvency Act: Trustee may vote
Text of the provision Official document
If the trustee is a proxyholder for a creditor, the trustee may vote as a creditor at any meeting of creditors. The vote of the trustee —
or of the partner, clerk or legal counsel of the trustee, or of the clerk of the legal counsel of the trustee —
as proxyholder for a creditor, shall not be counted in respect of any resolution affecting the remuneration or conduct of the trustee. The following persons are not entitled to vote on the appointment of a trustee — and except with the permission of the court and on any condition that the court may impose, the following persons are not entitled to vote on the appointment of inspectors: the father, mother, child, sister, brother, uncle or aunt, by blood, adoption, marriage or common-law partnership, or the spouse or common-law partner, of the bankrupt; where the bankrupt is a corporation, any officer, director or employee thereof; and where the bankrupt is a corporation, any wholly owned subsidiary corporation or any officer, director or employee thereof.
Official source: laws-lois.justice.gc.ca
Search case law on this topic
See judgments from Canadian courts and tribunals with a plain-English summary and legal holding.
Explore case law →