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Bankruptcy and Insolvency Act

Version of section 213 from 2004-12-15 to 2024-04-01:


Marginal note:Winding-up and Restructuring Act not to apply

 If an application for a bankruptcy order or an assignment has been filed under this Act in respect of a corporation, the Winding-up and Restructuring Act does not extend or apply to that corporation, despite anything contained in that Act, and any proceedings that are instituted under the Winding-up and Restructuring Act in respect of that corporation before the application or assignment is filed under this Act shall abate subject to any disposition of the costs of those proceedings to be made in the bankruptcy proceedings that the justice of the case may require.

  • R.S., 1985, c. B-3, s. 213
  • 1996, c. 6, s. 167
  • 2004, c. 25, s. 95

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