Proceedings.

1992789 Ontario Inc.

Follow
Active
Proceeding
BankruptcySubsection 102(1) of the Act
File
32-3194409
Filings held4
Last activity24 Mar 2025
On the record565 days
Secured debtSubscribers
OverviewSummary updated

1992789 Ontario Inc. has been in bankruptcy since March 5, 2025 — commenced under section 16(3) of the Bankruptcy and Insolvency Act per the record — with Goldhar & Associates Ltd. as trustee, under Ontario estate number 32-3194409. Its Statement of Affairs, as at March 4, 2025, states assets of $2,558.02 against liabilities of $405,745.13, for a stated deficiency of $403,187.11. RBC Royal Bank is the dominant creditor across several facilities: business loans of $115,277.75 and $69,444.31, a Visa credit line of $60,938.60, and a bifurcated claim of $87,731.20 of which $2,558.02 is secured. Golam Khandaker claims $58,000.00 on a shareholder loan, Masruka Akhter $10,000.00 in wages, and Second Real Properties Limited $3,642.74 in rent.

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 updates4 dated entries

1 earlier update, back to 5 March 2025 subscribers.

Parties

Debtor

1992789 Ontario Inc.

Trustee in bankruptcy

Goldhar & Associates

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredRBC Royal Bank · in 52 casesGeneral Security Agreement dated 15-Jun-2019 over asset 101,1101 (deposits in financial institutions; machinery, equipment and plant) — Total claim of $87,731.20 bifurcated: $85,173.18 unsecured and $2,558.02 secured per Statement of Affairs; listed as 'Customer of a bankrupt securities firm' ground for priority (likely form error). — debtor: 1992789 Ontario Inc. · as of 4 Mar 2025$2.56KNotice of Bankruptcy and First Meeting of Creditors including creditors package.
13 more claims across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedPreliminary Report · 5 Mar 2025

ClassCreditorClaimsRecoveryBasisSource
Unsecuredno distributionconditionalEstimatedper the trusteePreliminary Report · 5 Mar 2025

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.

Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents4 filings
DateDocumentFile
Claims register
  • Commencement date 5 March 2025
  • Province Ontario
  • Financial position Subscribers
PDF · Subscribers
Minutes of First Meeting of Creditors
PDF · Subscribers
Notice of Bankruptcy and First Meeting of Creditors including creditors package.
  • Appointee Goldhar & Associates Ltd.
  • Appointee role trustee
  • Commencement date 5 March 2025
  • Court file no 32-3194409
  • + 5 more extracted facts
PDF · Subscribers
Preliminary Report
  • Appointee Goldhar & Associates Ltd.
  • Appointee role trustee
  • Commencement date 5 March 2025
  • Court file no 32-3194409
  • + 4 more extracted facts
PDF · Subscribers

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

CiteProceedings., “1992789 Ontario Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/1992789-ontario-inc

Sources last checked · summary updated 22 August 2026 · Report a correction · Printed from proceedings.ca/case/1992789-ontario-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.