#Report
Reported that Residual Co's bankruptcy was filed on March 7, 2024, a step that completed the company's CCAA proceedings.
1000488910 Ontario Inc.
FollowActive
- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 31-3052503
Filings held3
Last activity7 Mar 2024
On the record928 days
OverviewSummary updated
1000488910 Ontario Inc., referred to as Residual Co, has been in bankruptcy under the BIA in Ontario since March 7, 2024, with MNP Ltd. as trustee under court file 31-3052503. The Statement of Affairs reports no assets and total liabilities of $6,473,930.79, all unsecured, with secured and preferred liabilities reported as nil both in the Statement of Affairs and per claims filed. The trustee states it knows of no secured creditors, those having already been dealt with in and through the CCAA proceedings. Proofs of claim filed as of noon on March 22, 2024 totalled $918,598.41, a figure distinct from the amount reported in the Statement of Affairs. The estate remains active.
Proceedings AIAsk this case — answers cite the filings
Case updates3 dated entries
#Report
A court officer report fixed the effective date and time of the proceeding at March 7, 2024, 07:42.
Source: Certificate of Appointment
#Claims
Meeting of creditors milestone recorded, tied to the assignment filed on the 7th day of March 2024.
Source: Creditor's Package dated
Parties
Debtor
1000488910 Ontario Inc.
Trustee in bankruptcy
MNP
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Unsecured creditors (aggregate as reported) · in 532 casesas of Statement of Affairs — Document names no individual creditors. Claims as filed as of noon March 22, 2024 totalled $918,598.41 (proofs filed figure, distinct from SOA reported amount). — debtor: 1000488910 Ontario Inc. (Residual Co) | $6.47M | Trustee's Preliminary Report dated |
Estate financialsReported figures — never derived
Total assets at filing$0
Total liabilities at filing$6.47M
per Statement of Affairs (SOA) · Residual Co (1000488910 Ontario Inc.) only — According to the SOA, Residual Co does not have any assets. Secured and preferred liabilities reported as Nil per SOA and per claims filed. Trustee states it does not know of any secured creditors since they were already dealt with in and through the CCAA Proceedings.
Documents3 filings
| Date | Document | File |
|---|---|---|
Trustee's Preliminary Report dated
| ||
Certificate of Appointment
| ||
Creditor's Package dated
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “1000488910 Ontario Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/1000488910-ontario-inc