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StatuteBankruptcy and Insolvency Act

Section 118 — Bankruptcy and Insolvency Act: Obligation of trustee when inspectors fail to exercise their powers

Text of the provision Official document

If the inspectors fail to exercise the powers conferred on them, the trustee shall call a meeting of the creditors for the purpose of substituting other inspectors and for the purpose of taking any action or giving any directions that may be necessary.

Official source: laws-lois.justice.gc.ca

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