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Bankruptcy and Insolvency Act

Version of section 268 from 2009-09-18 to 2024-04-01:

Marginal note:Definitions

  •  (1) The following definitions apply in this Part.

    foreign court

    foreign court means a judicial or other authority competent to control or supervise a foreign proceeding. (tribunal étranger)

    foreign main proceeding

    foreign main proceeding means a foreign proceeding in a jurisdiction where the debtor has the centre of the debtor’s main interests. (principale)

    foreign non-main proceeding

    foreign non-main proceeding means a foreign proceeding, other than a foreign main proceeding. (secondaire)

    foreign proceeding

    foreign proceeding means a judicial or an administrative proceeding, including an interim proceeding, in a jurisdiction outside Canada dealing with creditor’s collective interests generally under any law relating to bankruptcy or insolvency in which a debtor’s property and affairs are subject to control or supervision by a foreign court for the purpose of reorganization or liquidation. (instances étrangères)

    foreign representative

    foreign representative means a person or body, including one appointed on an interim basis, who is authorized, in a foreign proceeding in respect of a debtor, to

    • (a) administer the debtor’s property or affairs for the purpose of reorganization or liquidation; or

    • (b) act as a representative in respect of the foreign proceeding. (représentant étranger)

  • Marginal note:Centre of debtor’s main interests

    (2) For the purposes of this Part, in the absence of proof to the contrary, a debtor’s registered office and, in the case of a debtor who is an individual, the debtor’s ordinary place of residence are deemed to be the centre of the debtor’s main interests.

  • 1997, c. 12, s. 118
  • 2004, c. 25, s. 102
  • 2005, c. 47, s. 122

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