Phillips Law

Section 142: Proposal of corporate rescue plan

December 6, 2019 No Comments

(3) The projected balance sheet and statement required by subsection (2)(c)(iv) – (a) must include a notice of any material assumptions on which the projections are based; and (b) may include alternative projections based on varying assumptions and contingencies. (4) A proposed corporate rescue plan must conclude with a certificate by the corporate rescue practitioner […]