Proceedings.

1296972 B.C. Ltd.

Follow
Active
Proceeding
BankruptcyBankruptcy and Insolvency Act
File
11-3256329
Filings held3
Last activity6 Aug 2025
On the record412 days
Secured debt$241K
OverviewSummary updated

1296972 B.C. Ltd. made a voluntary assignment in bankruptcy under the Bankruptcy and Insolvency Act effective August 5, 2025, the step that opened these proceedings. The bankruptcy is administered in the Supreme Court of British Columbia under court file number 11-3256329. The proceeding remains active. The record to date consists of a court officer's report filed on the date of the assignment, which sets out the fact and effective date of the voluntary assignment. No further steps have been recorded on the file.

Proceedings AIAsk this case — answers cite the filings
Ask in plain language. The answer comes only from this case’s filings, each one cited.
Enter to send · Shift+Enter for a new line
Case updates3 dated entries
Parties

Debtor

1296972 B.C. Ltd.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale
#Priority classCreditorAmountSource
4SecuredRoyal Bank of Canada (RBC) · in 556 casesas of Statement of Affairs (as reported) — Registered security interest under BC Personal Property Registry (search performed March 4, 2025) against all present and after-acquired personal property and proceeds thereof — Statement of Affairs lists secured creditors total of only $1 (nominal), suggesting bifurcation/no realizable collateral value; RBC had not filed a proof of claim as of the date of this report. — debtor: 1296972 B.C. Ltd.$241KTrustee's Preliminary Report to Creditors
8UnsecuredUnsecured creditors (aggregate as reported) · in 532 casesas of Statement of Affairs (as reported) — Document names no individual unsecured creditors; as of the date of this report, no proofs of claim had been filed (Filed column shows Nil). — debtor: 1296972 B.C. Ltd.$728KTrustee's Preliminary Report to Creditors
Estate financialsReported figures — never derived
Total liabilities at filing$728K

per Statement of Affairs as reported (secured $1 + preferred nil + unsecured $727,940.22 = total $727,941.22 per SOA table); no total for assets given, and Trustee reports no expectation of recovery from the Company's kitchen equipment/fixtures, which were fixed to vacated leased premises · Entity: 1296972 B.C. Ltd. (Bankrupt Estate) — Table also shows 'Filed' column (proofs of claim actually filed) as Nil across all classes as of report date, distinct from the Statement of Affairs figures used above.

Documents3 filings
DateDocumentFile
Trustee's Preliminary Report to Creditors
  • Appointee MNP Ltd.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 5 August 2025
  • Court IN THE SUPREME COURT OF BRITISH COLUMBIA
  • + 7 more extracted facts
PDF
Creditors PackagePDF
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 5 August 2025
  • Court file no 11-3256329
  • + 1 more extracted fact
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “1296972 B.C. Ltd.” (Bankruptcy), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/1296972-bc-ltd

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/1296972-bc-ltd

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.

1296972 B.C. Ltd. — Bankruptcy | Proceedings.