10452424 Canada Inc.
Follow- Proceeding
- BankruptcySection 49 of the Act; Rule 85
- File
- 31-2975493
10452424 Canada Inc. filed an assignment in bankruptcy on August 14, 2023, the bankruptcy taking effect August 15, 2023, with MNP Ltd. acting as Licensed Insolvency Trustee of the Ontario estate, no. 31-2975493. The estate is a modest one. The Statement of Affairs puts the liquidation value of cash at $6,505.00, while inventory and mold carry a cost value of $22,068 that the Trustee does not expect to realize on and intends to abandon. There do not appear to be any creditors holding valid security over the Company's assets. Unsecured claims are reported in the aggregate at $43,216.55, though claims proven and filed to September 4, 2023 stood at nil. The proceeding remains active.
A claims procedure has been established — see the order for deadlines.
The Company's assignment in bankruptcy placed it into the BIA estate administration carried on under Ontario estate no. 31-2975493.
Source: Notice to Creditors regarding Bankruptcy and blank forms to file Proof of Claim
MNP Ltd. filed the assignment and took up the administration as Licensed Insolvency Trustee of the estate.
Debtor
10452424 Canada Inc.
Trustee in bankruptcy
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Unsecured creditors (aggregate as reported) · in 532 casesas of Statement of Affairs — Document names no individual creditors. Proven & filed to September 4, 2023 was Nil. — debtor: 10452424 Canada Inc. | $43.2K | Trustee's Preliminary Report dated |
Unsecured creditors: no distribution.EstimatedTrustee's Preliminary Report dated · 5 Sep 2023
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distribution | Estimatedper the trustee | Trustee's Preliminary Report dated · 5 Sep 2023 |
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.
| Date | Document | File |
|---|---|---|
Trustee's Preliminary Report dated
| ||
Certificate of Appointment
| ||
Notice to Creditors regarding Bankruptcy and blank forms to file Proof of Claim
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “10452424 Canada Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/10452424-canada-inc