TD Canada Trust - Chabanel, Montreal
Canada
In the matter of:
Rochelle Pont Budd
Directions for Removal of Conservatory Measure
(Section 14.03 of the Bankruptcy and Insolvency Act)
Whereas the Bankruptcy and Insolvency Act provides the Superintendent of Bankruptcy with the general power to supervise the administration of all estates and matters to which the Act applies;
Whereas the Superintendent of Bankruptcy may, in order to protect estate assets, exercise the powers set out in subsection 14.03(1) (Conservatory Measures) of the Act, under the circumstances anticipated in subsection 14.03(2) of the Act;
Whereas, on July 4, 2006, Marie Tardif, a person to whom the Superintendent had delegated the Superintendent's powers as specified at subsection 14.03 (1) of the Act, issued certain directions for conservatory measures in regard to estates administered by Rochelle Pont Budd (at that time an associate of J. Lukca & Associates Inc) (at that time an associate of J. Lukca & Associates Inc), to the TD Canada Trust, branch located at 433 Chabanel Street West, Suite 101, Montréal, Quebec H2N 2J3;
Whereas, since the issue of these directions Rochelle Pont Budd has ceased to be an associate of J. Lukca & Associates inc.;
Whereas the Superintendent of Bankruptcy has also delegated to me, Robert Massé, Assistant Superintendent, Trustee Compliance, in accordance with subsection 14.01(2) of the Act, in certain situations mentioned in subsection 14.03(2), the Superintendent's powers as specified at subsection 14.03 (1) of the Act;
Whereas I have received information showing that Rochelle Pont Budd has corrected the deficiencies for which Marie Tardif issued directions for conservatory measures,
I, in my capacity as Assistant Superintendent, Trustee Compliance, remove the directions for conservatory measures issued to the TD Canada Trust by Marie Tardif on July 4, 2006 insofar as they apply to Rochelle Pont Budd.
In accordance with subsection 14.03(3) of the Act, these directions bind their addressees, who must comply with them.
In accordance with subsection 14.03(4) of the Act, a person who complies with these directions is not liable for any act done by the person only to comply with them.
Signed, in the City of Montréal, Quebec
April 25, 2007
Robert Massé
Assistant Superintendent, Trustee Compliance
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