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Canada Business Corporations Act

Version of section 208 from 2003-01-01 to 2018-04-30:


Marginal note:Application of Part

  •  (1) This Part, other than sections 209 and 212, does not apply to a corporation that is an insolvent person or a bankrupt as those terms are defined in subsection 2(1) of the Bankruptcy and Insolvency Act.

  • Marginal note:Staying proceedings

    (2) Any proceedings taken under this Part to dissolve or to liquidate and dissolve a corporation shall be stayed if the corporation is at any time found, in a proceeding under the Bankruptcy and Insolvency Act, to be an insolvent person as defined in subsection 2(1) of that Act.

  • R.S., 1985, c. C-44, s. 208
  • 1992, c. 27, s. 90
  • 2001, c. 14, s. 101
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