Proceedings.

2309918 Ontario Inc.

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Proceeding
Bankruptcysection 43(9) of the Bankruptcy and Insolvency Act
File
31-208373-T
Industry
Real estate
Filings held11
Last activity10 Jul 2019
On the record2,698 days
Secured debtSubscribers
OverviewSummary updated

2309918 Ontario Inc. is in bankruptcy proceedings commenced by an application from FAAN Mortgage Administrators Inc. in the Ontario Superior Court of Justice, with Grant Thornton Limited acting as trustee. The court granted an interim order on June 19, 2019, and the company's date of bankruptcy is recorded as July 3, 2019, at 09:06. Building & Development Mortgages of Canada Inc. and Cameron Stephens Financial Corporation are named as secured creditors, identified through land title and PPSA searches respectively. The trustee's summary reported secured claims of $7,735,641.00 as per company records, revised to $8,723,057.00 as claims were received, and unsecured claims of $1,649,672.80 as per records, revised to $17,000.00 as received.

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Case updates8 dated entries · 3 undated
Undated filings3 — no date appears on the document · show
Parties

Debtor

2309918 Ontario Inc.

Trustee in bankruptcy

Doane Grant Thornton

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredSecured creditors (aggregate as reported) · in 37 casesas received by Trustee — Summary table: 'As per Records' figure was $7,735,641.00; 'As Received' figure of $8,723,057.00 used as amount per rule 2; document does not itemize individual secured creditor balances — debtor: 2309918 Ontario Inc.$8.72MTrustee Preliminary Report.pdf
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

Unsecured creditors: no distribution.EstimatedTrustee Preliminary Report.pdf · 18 Jul 2019

ClassCreditorClaimsRecoveryBasisSource
Unsecured——no distributionEstimatedper the trusteeTrustee Preliminary Report.pdf · 18 Jul 2019

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.

Documents
11 filings
DateDocumentFile
Certificate of Appointment.pdf
  • Appointee GRANT THORNTON LIMITED
  • Appointee role Trustee
  • Commencement date 3 July 2019
  • Court file no 31-2529766
  • + 1 more extracted fact
PDF · Subscribers
Notice of Bankruptcy and First Meeting.pdf
PDF · Subscribers
Statement of Affairs.pdfPDF · Subscribers
Bankruptcy Order dated June 19, 2019.pdf
  • Applicant FAAN Mortgage Administrators Inc.
  • Appointee Grant Thornton Limited
  • Appointee role trustee
  • Commencement date 19 June 2019
  • + 4 more extracted facts
PDF · Subscribers
Book of Authorities dated June 12, 2019.PDFPDF · Subscribers
Factum dated June 12, 2019.PDFPDF · Subscribers
Supplementary Application Record dated June 12, 2019.PDFPDF · Subscribers
Bankruptcy Application dated April 24, 2019.PDF
  • Proceeding type bia_bankruptcy
  • Statutory basis Bankruptcy and Insolvency Act
PDF · Subscribers
Proof of Claim.pdfPDF · Subscribers
Proxy.pdfPDF · Subscribers
Trustee Preliminary Report.pdf
  • Appointee Grant Thornton Limited
  • Appointee role trustee in bankruptcy
  • Commencement date 19 June 2019
  • Court file no 31-208373-T
  • + 5 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., “2309918 Ontario Inc.” (Bankruptcy), Ontario Superior Court of Justice. Retrieved 6 November 2026, https://proceedings.ca/case/2309918-ontario-inc

Sources last checked · summary updated 6 September 2026 · Report a correction · Printed from proceedings.ca/case/2309918-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.