Proceedings.

1998762 Ontario Inc.

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Proceeding
Receivership (private)Subsection 245 & 246 (1) of the Bankruptcy and Insolvency Act
Filings held1
Last activity10 Aug 2021
On the record1,914 days
Secured debtSubscribers
OverviewSummary updated

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.

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Case updates1 dated entry
Parties

Debtor

1998762 Ontario Inc.

Receiver

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredBank of Montreal · in 297 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$322KNotice and Statement of the Receiver
4Secured
4Secured
8Unsecured

3 more claims in 2 classes The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Estate financialsReported figures — never derived
Total assets at filing

As at ·

The total the debtor stated at filing

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

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Documents1 filing
DateDocumentFile
Notice and Statement of the Receiver
  • Appointee MNP Ltd.
  • Appointee role receiver
  • Commencement date 10 August 2021
  • Financial position Subscribers
  • + 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., “1998762 Ontario Inc.” (Receivership (private)). Retrieved 5 November 2026, https://proceedings.ca/case/1998762-ontario-inc

Sources last checked · summary updated 3 September 2026 · Report a correction · Printed from proceedings.ca/case/1998762-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.