Proceedings.

1032951 B.C. Ltd. Formerly Quark Venture Inc.

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Closed
Proceeding
NOIsection 50.4 of the Bankruptcy and Insolvency Act
Filings held36
Last activity15 Jun 2021
On the record2,125 days
Secured debtSubscribers
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Case updates36 dated entries

33 earlier updates, back to 26 November 2020 subscribers.

Parties

Debtor

1032951 B.C. Ltd. Formerly Quark Venture Inc.

Proposal trustee

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredJesson International Investment (Canada) Ltd. and 1049019 B.C. Financial Business Ltd.as of NOI filing date — debtor: 1032951 B.C. Ltd.$15.1MNotice to Creditors of the Notice of Intention to Make a Proposal

6 more claims across lower-ranking classes

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RecoveriesAs stated in the filings

Unsecured creditors: a distribution. Canada Revenue Agency a distribution · MSI Methylation Sciences, Inc. a distribution.Under the plan · implementedSupplemental Trustee’s Report to Creditors · 15 Jun 2020

ClassCreditorClaimsRecoveryBasisSource
Deemed trustCanada Revenue Agencya distributionEstimatedper the trusteeSupplemental Trustee’s Report to Creditors · 15 Jun 2020
Unsecureda distributionUnder the planimplementedper the trusteeSupplemental Trustee’s Report to Creditors · 15 Jun 2020
UnsecuredMSI (Other Creditors payment)MSI Methylation Sciences, Inc.a distributionUnder the planimplementedper the trusteeSupplemental Trustee’s Report to Creditors · 15 Jun 2020

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

11 stated figures across 3 outcomes, each sourced

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Documents
36 filings
DateDocumentFile
Trustee Discharge OrderPDF · Subscribers
Taxed Statement of Receipts and DisbursementsPDF · Subscribers
Certificate of Full Performance of ProposalPDF · Subscribers
Order Approving ProposalPDF · Subscribers
Notice of Hearing for Court Approval of ProposalPDF · Subscribers
Amended ProposalPDF · Subscribers
Notice of Reconvened First Meeting of CreditorsPDF · Subscribers
Supplemental Trustee’s Report to Creditors
  • Recovery outcome Entries: per plan; per estimated; per plan; per liquidation_alternative · Stated on: 2020-06-15 · Table missing:
PDF · Subscribers
Notice of Proposal to CreditorsPDF · Subscribers
Trustee’s Preliminary Report to Creditors
  • Recovery outcome Entries: per estimated · Table missing:
PDF · Subscribers
Holding ProposalPDF · Subscribers
Statement of AffairsPDF · Subscribers
Fifth Report to Court of MNP regarding extension of time filed April 20 2020PDF · Subscribers
Order Made After Application of Madam Justice Fitzpatrick granted April 20 2020
  • Presiding officer Justice Fitzpatrick
PDF · Subscribers
Without Notice of Application for Extension of Time filed April 20 2020PDF · Subscribers
Affidavit 5 of Chao LinPDF · Subscribers
Fourth Report to Court of MNP regarding extension of time dated March 20 2020PDF · Subscribers
Affidavit 4 of Chao LinPDF · Subscribers
Order Made After Application Extension of time granted March 19 2020PDF · Subscribers
Without Notice of Application for Extension of Time filed March 19 2020PDF · Subscribers
Affidavit 3 of Chao LinPDF · Subscribers
Order Made After Application Extension of time granted February 28 2020PDF · Subscribers
Third Report to Court of MNP regarding extension of time filed February 28 2020PDF · Subscribers
Without Notice of Application for Extension of Time filed February 28 2020PDF · Subscribers
Affidavit 2 of Chao LinPDF · Subscribers
Order Made After Application Extension of time granted February 21 2020PDF · Subscribers
Second Report to Court of MNP regarding extension of time filed February 21 2020PDF · Subscribers
Without Notice of Application for Extension of Time filed February 21 2020PDF · Subscribers
First Report to Court of MNP regarding extension of time filed February 7 2020PDF · Subscribers
Notice of Application for Extension of Time filed February 7 2020
  • Proceeding type bia_noi
  • Statutory basis section 50.4 of the Bankruptcy and Insolvency Act
PDF · Subscribers
Order Made After Application Extension of time granted February 7 2020PDF · Subscribers
Affidavit 1 of Chao LinPDF · Subscribers
Notice to Creditors of the Notice of Intention to Make a Proposal
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Certificate of Filing of a Notice of Intention to Make a ProposalPDF · Subscribers
Consent to ActPDF · Subscribers
Notice of Intention to Make a ProposalPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “1032951 B.C. Ltd. Formerly Quark Venture Inc.” (NOI). Retrieved 20 September 2026, https://proceedings.ca/case/1032951-bc-ltd-formerly-quark-venture-inc

Sources last checked · record updated 2 September 2026 · Report a correction · Printed from proceedings.ca/case/1032951-bc-ltd-formerly-quark-venture-inc

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.