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StatuteCanada Business Corporations Act

Section 100 — Canada Business Corporations Act: Directions given by court

Text of the provision Official document

On an application by a receiver, receiver-manager or sequestrator, whether appointed by a court or under an instrument or act, or on an application by any interested person, a court may make any order it thinks fit including, without limiting the generality of the foregoing, an order appointing, replacing or discharging a receiver, receiver-manager or sequestrator and approving their accounts; an order determining the notice to be given to any person or dispensing with notice to any person; an order fixing the remuneration of the receiver, receiver-manager or sequestrator; an order requiring the receiver, receiver-manager or sequestrator, or a person by or on behalf of whom the receiver, receiver-manager or sequestrator is appointed, to make good any default in connection with the receiver’s, receiver-manager’s or sequestrator’s custody or management of the property and business of the corporation, or to relieve any such person from any default on any terms that the court thinks fit, and to confirm any act of the receiver, receiver-manager or sequestrator; and an order giving directions on any matter relating to the duties of the receiver, receiver-manager or sequestrator.

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

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Statutory text from an official public source. Informational content — does not replace advice from a qualified lawyer.