Supreme Court rejected their application to discharge the debt, which includes penalties, repayment of ill-gotten funds and unpaid taxes. Thalbinder Singh Poonian and Shailu Poonian had appealed to the court after the B.C.
Securities Commission and Minister of National Revenue after they were found to have manipulated stock at the expense of people’s retirement savings. Court of Appeal has rejected a couple’s bid to discharge $25 million in debt owed primarily to the B.C.
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