Proceedings.

1992789 Ontario Inc.

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Proceeding
BankruptcySubsection 102(1) of the Act
File
32-3194409
Filings held4
Last activity24 Mar 2025
On the record613 days
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.

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Case updates4 dated entries
Parties

Debtor

1992789 Ontario Inc.

Trustee in bankruptcy

Goldhar & Associates

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)CRA - Tax - Ontario (Payroll - Employee source deductions) · in 259 casesEmployee source deductions; deemed trust/CRA class; also $1.00 listed as contingent/trust claim. — debtor: 1992789 Ontario Inc. · as of 4 Mar 2025$1Notice of Bankruptcy and First Meeting of Creditors including creditors package.
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

13 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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RecoveriesAs stated in the filings

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

ClassCreditorClaimsRecoveryBasisSource
Unsecured——no 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
Total assets at filing
Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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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 7 November 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.