Bankruptcy and Insolvency Act

Version of section 40 from 2002-12-31 to 2009-09-17:


Marginal note:Disposal of unrealizable property

  •  (1) With the permission of the inspectors, any property of a bankrupt found incapable of realization shall be returned to the bankrupt prior to the trustee’s application for discharge.

  • Marginal note:Final disposition of property

    (2) Where a trustee is unable to dispose of any property as provided in this section, the court may make such order as it may consider necessary.

  • R.S., c. B-3, s. 22
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