Form 43.1—Report of Trustee on Annulment of Proposal

(Subsection 63(6) of the Act)


(Title Form 1)

I, space to insert name of trustee acting in the proposal , of space to insert trustee's firm , the trustee acting in the proposal of space to insert name of official receiver , hereby report to the official receiver as follows:

1. That space to insert name of debtor did, on the space to insert day of month of  proposal filing day of space to insert month of proposal filing space to insert year of proposal filing, file a proposal with me, and that the space to insert type of court Court of space to insert name of province (province) in Bankruptcy, by order dated the space to insert order's day of month day of space to insert order's month space to insert order's year, has annulled the proposal.

2. The proposal was annulled by the court on the application of space to insert name of trustee of proposal (or creditor) , the trustee of the proposal (or a creditor of the debtor).

3.The proposal was annulled on the grounds that

(Check appropriate grounds.)

  • Check this box if the debtor has defaulted in the performance of a provision in the proposal the debtor has defaulted in the performance of a provision in the proposal.
  • Check this box if the proposal could not continue without injustice or undue delay the proposal could not continue without injustice or undue delay.
  • Check this box if the approval of the court was obtained by fraud the approval of the court was obtained by fraud.
  • Check this box if the debtor was convicted of an offence under the Act the debtor was convicted of an offence under the Act.
    (Specify: space to insert extra comment regarding the conviction of the debtor )

4.As a consequence of the annulment of the proposal, the debtor is deemed on the annulment to have made an assignment pursuant to subsection 63(4) of the Act.

5.The court further ordered that the property be vested in space to insert name of trustee at which property is put in possession , the trustee.

(In the case of a proposal by a bankrupt, the previous paragraph is to be replaced by the following:)

5.The court further ordered that the property vested in the bankrupt by the order approving the proposal, be revested in space to insert name of trustee at which property is put in possession , the trustee.

Dated at space to insert name of city , this space to insert day of month of form completion day of space to insert month of form completion space to insert year of form completion .

space to insert Trustee's Signature
Licensed Insolvency Trustee

Note:

If a copy of this Form is sent electronically by means such as email, the name and contact information of the sender, prescribed in Form 1.1, must be added at the end of the document.

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