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StatuteBankruptcy and Insolvency Act

Section 282 — Bankruptcy and Insolvency Act: Presumption of insolvency

Text of the provision Official document

For the purposes of this Part, if a bankruptcy, an insolvency or a reorganization or a similar order has been made in respect of a debtor in a foreign proceeding, a certified copy of the order is, in the absence of evidence to the contrary, proof that the debtor is insolvent and proof of the appointment of the foreign representative made by the order.

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

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