Statute
Section 125 — Bankruptcy and Insolvency Act: Penalty for filing false claim
Text of the provision Official document
Where a creditor or other person in any proceedings under this Act files with the trustee a proof of claim containing any wilfully false statement or wilful misrepresentation, the court may, in addition to any other penalty provided in this Act, disallow the claim in whole or in part as the court in its discretion may see fit.
Official source: laws-lois.justice.gc.ca
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