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4. The Official Receiver
ОглавлениеThe Superintendent of Bankruptcy monitors the function and role of trustees through various offices throughout Canada, and is represented by Official Receivers throughout Canada. Each province is a bankruptcy district, and within each district, there may be one or more divisions. Within the division, there are a number of Official Receivers that represent the Superintendent.
Under the Bankruptcy and Insolvency Act, the Superintendent and the Official Receivers are required to perform certain tasks during the administration of the bankrupt’s estate. For example, the trustee’s conduct is monitored by the Official Receiver on behalf of the Superintendent. Any complaint about a trustee is usually given to the Official Receiver in the area where the trustee practises. The Official Receiver chairs the first meeting of creditors in the bankruptcy or under a proposal. However, the Official Receiver can delegate this function to the trustee. Where necessary, the Official Receiver examines the bankrupt or the principal of the bankrupt if it is a corporation concerning the conduct of the bankruptcy, and the disposition of assets that may have been transferred or conveyed before the bankruptcy.
The offices of the Official Receivers are set out in Appendix II.