1199704 B.C. Ltd.
- Proceeding
- BankruptcyBankruptcy and Insolvency Act
- File
- 11-3142790
1199704 B.C. Ltd. has been in bankruptcy under the Bankruptcy and Insolvency Act since October 18, 2024, with MNP Ltd. as Licensed Insolvency Trustee under Supreme Court of British Columbia file 11-3142790. The Statement of Affairs filed in the bankruptcy reports a single asset, cash of $63,113.58, since collected by the Trustee, against secured liabilities of $1.00, no preferred claims, and unsecured claims of $14,685,615.89. The Canada Revenue Agency holds a deemed trust claim over unremitted payroll source deductions ranking ahead of all other creditors, not yet quantified and unsupported by a proof of claim as of the report date. Royal Bank of Canada is registered in the BC Personal Property Registry, but the director advised as of October 2, 2024 that nothing is owing to it. Ten employees' claims are being administered under the Wage Earner Protection Program.
Certificate of Appointment was filed. Court file 11-3142790.
Source: Certificate of Appointment
Debtor
1199704 B.C. Ltd.
Trustee in bankruptcy
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency (CRA) · in 985 casesDeemed trust claim over unremitted payroll source deductions — Deemed trust class - ranks in priority to all other creditors; amount not yet quantified; no proof of claim received from CRA as of report date; Trustee to confirm amounts owing — debtor: 1199704 B.C. Ltd. | — | Trustee's Preliminary Report to Creditors |
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured |
3 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.
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See all plans“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
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The 2 totals the debtor stated at filing
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See all plans| Date | Document | File |
|---|---|---|
Trustee's Preliminary Report to Creditors
| PDF · Subscribers | |
Creditor's package - Notice of First Meeting of Creditors
| PDF · Subscribers | |
Certificate of Appointment
| PDF · Subscribers | |
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CiteProceedings., “1199704 B.C. Ltd.” (Bankruptcy), Supreme Court of British Columbia. Retrieved 4 November 2026, https://proceedings.ca/case/1199704-bc-ltd