1998762 Ontario Inc.
- 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 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 | $322K | Notice and Statement of the Receiver |
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured |
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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See all plansClosed · the record states no distribution outcome.
As at ·
The total the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Notice and Statement of the Receiver
| PDF · Subscribers | |
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CiteProceedings., “1998762 Ontario Inc.” (Receivership (private)). Retrieved 5 November 2026, https://proceedings.ca/case/1998762-ontario-inc