Moonraker Ventures Ltd. v. Veri
The court found Veri qualified as a "farmer" under the Act (field-grown cannabis and cattle constitute farming carried on for commercial purposes), and either found him insolvent or held insolvency is not a precondition to the creditor's duty to give s.21 notice; Moonraker failed to provide the notice in the form established by the Minister and omitted essential information, and because s.22 makes acts done in contravention of s.21 null and void without statutory discretion to validate them, the foreclosure proceedings are void ab initio.
Source excerpt
- Farm debt mediation act s.21 notice requirements
- S.22 nullity remedy
- Definition of "farmer" and commercial purpose
- Eligibility for stay under s.5 and insolvency under s.6
- Notice sufficiency and form
- Remedial statutory interpretation