Bankruptcy and Insolvency Act
Marginal note:Definitions
268 (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
- Date modified: