Directive 8R17 - The Bankruptcy and Insolvency Act Forms

This Directive is issued pursuant to the authority of paragraphs 5(4)(c) and (e) of the BIA for the purpose of prescribing the form of certain documents required by the BIA and the information to be given therein.

Summary

This Directive amends the following BIA Forms to facilitate holding meetings of creditors by any mode of telecommunication or video communication:

  • Form 50, Notice of Meeting of Creditors to Consider Consumer Proposal
  • Form 66, Notice to Bankrupt of Meeting of Creditors
  • Form 68, Notice of Bankruptcy, First Meeting of Creditors
  • Form 71, Notice of First Meeting of Creditors
  • Form 73, Notice of Bankruptcy and First Meeting of Creditors in Local Newspaper
  • Form 92, Notice of Proposal to Creditors
Note: For the purposes of the OSB e-filing system Form 73 is not relevant as it is not uploaded, and the non-prescribed form EIS will also be amended as it can include creditor meeting details.

Three new optional fields are being added to each of these forms to contain the virtual meeting information. If these fields are populated they will replace the corresponding Creditor Meeting Address fields on the related Certificate of Appointment or Certificate of Filing.

A new unique XML version number (2020-09) is to be used for these forms.

Detailed changes

File Modifications
Form 50
  • The section <VirtualMeetingDetails> containing the string fields
    • <DetailsLine1>
    • <DetailsLine2>
    • <DetailsLine3>
  • has been added.
Form 66
  • The section <VirtualMeetingDetails> containing the string fields
    • <DetailsLine1>
    • <DetailsLine2>
    • <DetailsLine3>
  • has been added.
Form 68
  • The section <VirtualMeetingDetails> containing the string fields
    • <DetailsLine1>
    • <DetailsLine2>
    • <DetailsLine3>
  • has been added.
Form 71
  • The section <VirtualMeetingDetails> containing the string fields
    • <DetailsLine1>
    • <DetailsLine2>
    • <DetailsLine3>
  • has been added.
Form 92
  • The section <VirtualMeetingDetails> containing the string fields
    • <DetailsLine1>
    • <DetailsLine2>
    • <DetailsLine3>
  • has been added.
EIS
  • The section <VirtualMeetingDetails> containing the string fields
    • <DetailsLine1>
    • <DetailsLine2>
    • <DetailsLine3>
  • has been added.
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