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Section 20: Effect of composition or scheme

Bankruptcy Act · PART I: PROCEEDINGS FROM ACT OF BANKRUPTCY TO DISCHARGE

consolidated text (as at 2000). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

20. Effect of composition or scheme Notwithstanding the acceptance and approval of a composition or scheme, such composition or scheme shall not be binding on any creditor as regards a debt or liability from which under this Act, the debtor would not be discharged by an order of discharge in bankruptcy, unless the creditor assents to the composition or scheme.

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