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1 |Court File No. CV230070918300CL ONTARIO SUPERIOR COURT OF JUSTICE| (COMMERCIAL LIST) IN THE MATTER OF THE COMPANIES CREDITORS ARRANGEMENT ACT, R.S.C. 1985, C. C36, AS AMENDED AND IN THE MATTER

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How to fill out stay extension and ccaa

01

Gather all necessary documents including your current visa, passport, and any supporting evidence.

02

Complete the stay extension application form accurately, ensuring all personal information is up to date.

03

If applicable, fill out the CCAA (Clarification of Compliance with Alien Act) form.

04

Clearly state your reasons for requesting the stay extension and attach any relevant documents.

05

Pay the required fees for the application and obtain a receipt.

06

Submit the application and CCAA form to the appropriate immigration authority.

07

Keep a copy of the submitted application for your records.

Who needs stay extension and ccaa?

01

Individuals currently residing in a foreign country on a visa who wish to extend their stay.

02

Those who have faced unexpected circumstances that require them to remain longer than originally planned.

03

Students who need additional time to complete their studies.

04

Tourists or travelers who wish to extend their visit beyond the permitted duration.

05

People seeking to clarify their compliance with immigration regulations through the CCAA.

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What is stay extension and ccaa?

A stay extension refers to a court-ordered delay in legal proceedings, often granted under the Companies' Creditors Arrangement Act (CCAA) in Canada, which allows a company to restructure its debts while being protected from creditors.

Who is required to file stay extension and ccaa?

Companies facing financial difficulties that seek protection from creditors and intend to restructure are required to file for a stay extension under the CCAA.

How to fill out stay extension and ccaa?

To fill out a stay extension under the CCAA, companies must complete the required forms detailing financial information, submit a proposal for restructuring, and provide evidence of creditor consultations.

What is the purpose of stay extension and ccaa?

The purpose of a stay extension under the CCAA is to allow financially distressed companies to reorganize their affairs, preserve assets, and facilitate a plan to repay creditors while halting immediate collection actions.

What information must be reported on stay extension and ccaa?

Information reported on stay extension and CCAA includes financial statements, details of any restructuring proposals, creditor lists, and cash flow projections.

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