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Companies’ Creditors Arrangement Act

Version of section 21 from 2009-09-18 to 2021-02-15:


Marginal note:Law of set-off or compensation to apply

 The law of set-off or compensation applies to all claims made against a debtor company and to all actions instituted by it for the recovery of debts due to the company in the same manner and to the same extent as if the company were plaintiff or defendant, as the case may be.

  • 1997, c. 12, s. 126
  • 2005, c. 47, s. 131
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