Companies’ Creditors Arrangement Act (R.S.C., 1985, c. C-36)

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

21 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.