1998762 Ontario Inc.
Follow- Proceeding
- Receivership (private)Subsection 245 & 246 (1) of the Bankruptcy and Insolvency Act
1998762 Ontario Inc., an Ontario company, remains in active insolvency proceedings in which a receiver was appointed pursuant to a General Security Agreement held by Bank of Montreal. As at August 10, 2021, the receiver's estimate of the company's property consisted solely of cash on hand of $20,150. Bank of Montreal's estimated claim at the time of the appointment was $322,333. The Ministry of Finance is listed among the secured creditors holding security on the property, in the amount of $6,262, and The Symposium Café Inc. is listed as a secured creditor in an unknown amount. The Canada Revenue Agency appears as an unsecured creditor, also in an unknown amount, on the creditor list attached to the Notice and Statement of Receiver.
Debtor
1998762 Ontario Inc.
Receiver
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Bank of Montreal · in 279 casesGeneral Security Agreement — Receiver appointed pursuant to this GSA; amount is estimated amount owed as of receivership commencement — debtor: 1998762 Ontario Inc. · as of 10 Aug 2021 | $322K | Notice and Statement of the Receiver |
| 4 | Secured | Ministry of Finance · in 107 casesListed among secured creditors holding security on the property per Receiver's estimate — debtor: 1998762 Ontario Inc. · as of 10 Aug 2021 | $6.26K | Notice and Statement of the Receiver |
| 4 | Secured | The Symposium Café Inc.Amount owed listed as unknown — debtor: 1998762 Ontario Inc. · as of 10 Aug 2021 | — | Notice and Statement of the Receiver |
| 8 | Unsecured | Canada Revenue Agency · in 926 casesClaim amount listed as unknown — debtor: 1998762 Ontario Inc. · as of 10 Aug 2021 | — | Notice and Statement of the Receiver |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
Closed · the record states no distribution outcome.
As at 10 Aug 2021 · per Receiver's estimate of Property at time of appointment · 1998762 Ontario Inc. - Property described as cash on hand only — Property described consists solely of cash on hand of $20,150; total liabilities not stated as a sum
| Date | Document | File |
|---|---|---|
Notice and Statement of the Receiver
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “1998762 Ontario Inc.” (Receivership (private)). Retrieved 20 September 2026, https://proceedings.ca/case/1998762-ontario-inc