Bankruptcy and Insolvency Act
Marginal note:Chairman may admit or reject proof
108 (1) The chairman of any meeting of creditors has power to admit or reject a proof of claim for the purpose of voting but his decision is subject to appeal to the court.
Marginal note:Accept as proof
(2) Notwithstanding anything in this Act, the chairman may, for the purpose of voting, accept any letter or printed matter transmitted by any form or mode of telecommunication as proof of the claim of a creditor.
Marginal note:In case of doubt
(3) Where the chairman is in doubt as to whether a proof of claim should be admitted or rejected, he shall mark the proof as objected to and allow the creditor to vote subject to the vote being declared invalid in the event of the objection being sustained.
- R.S., 1985, c. B-3, s. 108
- 1992, c. 27, s. 45
- Date modified: