Bankruptcy and Insolvency Act

Marginal note:Legal advice or action before first meeting

• 19 (1) The trustee may prior to the first meeting of creditors obtain such legal advice and take such court proceedings as he may consider necessary for the recovery or protection of the property of the bankrupt.

• Marginal note:In case of emergency

  (2) In the case of an emergency where the necessary authority cannot be obtained from the inspectors in time to take appropriate action, the trustee may obtain such legal advice and institute such legal proceedings and take such action as he may deem necessary in the interests of the estate of the bankrupt.

• Marginal note:Verifying bankrupt’s statement

  (3) The trustee shall verify the bankrupt’s statement of affairs.