The bottom line is, backdating is permissible where it is done to alter the debt of your own contracting parties just
But not, it’s impermissible where the activities backdate either so you’re able to unconscionably interfere on the legal rights from kasidie log in businesses (for instance the government’s directly to taxation such as for example activities) or where they contravenes applicable statutes or rules.
Footnotes
step 1 Chablis Textiles Inc. (Trustee from) v London Insurance Co, SCJ No 12, step 1 SCR 160 within para poder twenty five.
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