Page 19 - Limitations Act News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Synopsis "It is for the creditors to prove that transfer to the trust fund has been done with mala fide intentions. Such transactions are termed as PUFE (Preferential, Undervalued, Fraudulent and Extortionate) transactions. At this juncture it is pertinent to note that the Code provides a look-back period only for PUE transactions and not for fraudulent transactions. For this, we will need to refer to S17 of the Limitation Act." ThinkStock Photos The recent Supreme Court ruling, confirming the amendment to Insolvency Bankruptcy Code allowing creditors to proceed against personal guarantors o...

Article content Council is considering some major debt forgiveness. At next week’s council meeting, the cohort will discuss writing off $3,090,709 in provincial fines, which are deemed uncollectible at this point. We apologize, but this video has failed to load. Try refreshing your browser. City could waive $3M in fines  Back to video Staff is recommending council approve a write-off plan that will wipe fines dating from 2010 to 2014. It will be the third time council has granted the absolution. “It was not until 2016 that the City of Greater Sudbury performed its first write-o...

Can a Tenant Stop Paying Rent as a Result Of COVID-19? When the government ordered the closure of all non-essential businesses, tenants quickly turned to their leases to see if the pandemic would qualify as force majeure and discharge them from their rent obligations.  Hengyun International Investment Commerce Inc.  v.  7614 Québec Inc., 2020 QCCS 2251, (" Hengyun") was one of the first Canadian cases to consider force majeure in the context of COVID-19 government-mandated shutdowns. It sparked hope for tenants that rent relief was possible. In  Hengyun, the Landlord and the original Ten...

Manitoba Liberal Leader Dougald Lamont cites a case of the Mondays for breaking dress code requirements in the legislature on Monday.

Winnipeg Free Press Justice minister doesn't answer questions Last Modified: 7:09 PM CST Monday, Mar. 8, 2021 | Updates Save to Read Later Justice Minister Cameron Friesen wouldn't take questions from reporters about either of the justice bills as ministers customarily do when their legislation is distributed to MLAs. (Mikaela MacKenzie / Winnipeg Free Press files) Manitoba Justice Minister Cameron Friesen has left unanswered questions in the wake of two bills introduced in November, but not made available to MLAs or the public until Monday. Manitoba J...