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Part 10 Examinerships (ss. 508-558)

Comparing proposed amendment...
Chapter 1 Interpretation (s. 508)
In force
508. Interpretation (Part 10)
Chapter 2 Appointment of examiner (ss. 509-523)
In force
509. Power of court to appoint examiner
In force
510. Petition for court
In force
511. Independent expert's report
In force
512. Supplemental provisions in relation to sections 510 and 511 - other matters to be mentioned in petition, hearing of petition, etc.
In force
513. Cases in which independent expert's report not available at required time: powers of court
In force
514. Certain liabilities may not be certified under section 529(2)
In force
515. Creditors to be heard
In force
516. Availability of independent expert's report
In force
517. Related companies
In force
518. Duty to act in utmost good faith
In force
519. Qualification of examiners
In force
520. Effect of petition to appoint examiner on creditors and others
In force
520A. Restrictions on certain contracts during examinership
In force
521. Restriction on payment of pre-petition debts
In force
522. Effect on receiver or provisional liquidator of order appointing examiner
In force
523. Disapplication of section 440 to receivers in certain circumstances
Chapter 3 Powers of examiner (ss. 524-544)
In force
524. Powers of an examiner
In force
525. Repudiation by examiner of contracts made before period of protection and of negative pledge clauses whenever made: prohibitions and restrictions
In force
526. Production of documents and evidence
In force
527. No lien over company's books, records, etc.
In force
528. Further powers of court
In force
529. Incurring of certain liabilities by examiner
In force
530. Power to deal with charged property, etc.
In force
531. Notification of appointment of examiner
In force
532. General provisions as to examiners - resignation, filling of vacancy, etc.
In force
533. Hearing regarding irregularities
In force
534. Report by examiner
In force
535. Procedure where examiner unable to secure agreement or formulate proposals for compromise or scheme of arrangement
In force
536. Content of examiner's report
In force
537. Repudiation of certain contracts
In force
538. Appointment of creditors' committee
In force
539. Proposals for compromise or scheme of arrangement
In force
540. Consideration by members and creditors of proposals
In force
541. Confirmation of proposals
In force
542. Supplemental provisions in relation to section 541
In force
543. Objection to confirmation by court of proposals
In force
544. Provisions with respect to leases
Chapter 4 Liability of third parties for debts of a company in examination (ss. 545-551)
In force
545. What this Chapter contains
In force
546. Definitions (Chapter 4)
In force
547. Circumstances in relation to which subsequent provisions of this Chapter have effect
In force
548. General rule: liability of third person not affected by compromise or scheme of arrangement
In force
549. Enforcement by creditor of liability: restrictions in that regard unless certain procedure employed to the benefit of third person
In force
550. Payment by third person to creditor post period of protection - statutory subrogation in favour of third person in certain circumstances
In force
551. Saving for cases falling within section 520(4)(f) and cases where third person discharged or released from liability
Chapter 5 Conclusion of examinership (ss. 552-558)
In force
552. Cessation of protection of company and termination of appointment of examiner
In force
553. Revocation
In force
554. Costs and remuneration of examiners
In force
555. Publicity
In force
556. Hearing of proceedings otherwise than in public
In force
557. Power of court to order the return of assets which have been improperly transferred
In force
558. Reporting to Director of Corporate Enforcement of misconduct by examiners