In a sleight-of-hand move dexterously played by the Canada Revenue Agency ("CRA"), it managed to secure advance collection of a disputed corporate income tax debt by obtaining an ex parte jeopardy collection order after the CRA was notified of an application by the taxpayer to appoint a receiver.
Filed under:
Canada, Ontario, Insolvency & Restructuring, Litigation, Tax, WeirFoulds LLP, Bankruptcy, Debtor, Unsecured debt, Res judicata and issue estoppel, Debt, Ex parte, Capital punishment, Unsecured creditor, Canada Revenue Agency, Bankruptcy and Insolvency Act 1985 (Canada), Income-Tax Act 1961 (India), Trustee, Court of Appeal for Ontario, Federal Court (Canada)
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