Proceedings.

2390154 Ontario Inc. Kings Buffet Hamilton

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Active
Proceeding
BankruptcyBankruptcy and Insolvency Act
File
31-2842932
Filings held3
Last activity28 Jun 2022
On the record1,546 days
OverviewSummary updated

2390154 Ontario Inc., operating as Kings Buffet Hamilton, has been in bankruptcy under the Bankruptcy and Insolvency Act since June 28, 2022, with MNP Ltd. as trustee under estate number 31-2842932 in Ontario. The Statement of Affairs reports unsecured creditors of $1,341,428.37 in the aggregate and contingent claims of $600,000, with no individual creditors named; as at 5:00 p.m. on July 14, 2022, claims filed totalled $0.00. On the secured side, a PPSA search dated June 13, 2022 revealed a single registration in favour of the Royal Bank of Canada, whose General Security Agreement claim is stated at $143.71, and the Statement of Affairs also references potential source deductions owing to CRA among secured claims. The estate remains active.

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Case updates3 dated entries
#Claims

Meeting of creditors set for June 28, 2022, the date the bankruptcy commenced with MNP Ltd. acting as trustee of the estate.

Source: Creditor's Package

Parties

Debtor

2390154 Ontario Inc. Kings Buffet Hamilton

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Deemed trusts (CRA and other)Royal Bank of Canada · in 556 casesas of Statement of Affairs — General Security Agreement — PPSA search dated June 13, 2022 revealed one security interest registered in favour of RBC; SOA also references potential source deductions owing to CRA as part of secured claims — debtor: 2390154 Ontario Inc.$144Preliminary Report of the Trustee - dated

2 more claims across lower-ranking classes

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RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedPreliminary Report of the Trustee - dated · 15 Jul 2022

ClassCreditorClaimsRecoveryBasisSource
Unsecuredno distributionEstimatedper the trusteePreliminary Report of the Trustee - dated · 15 Jul 2022

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.

Documents3 filings
DateDocumentFile
Preliminary Report of the Trustee - dated
  • Appointee MNP Ltd.
  • Appointee role Trustee
  • Commencement date 28 June 2022
  • Court file no 31-2842932
  • + 7 more extracted facts
PDF · Subscribers
Creditor's Package
  • Commencement date 28 June 2022
  • Court file no 31-2842932
  • Province Ontario
  • Financial position Subscribers
PDF · Subscribers
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee
  • Commencement date 28 June 2022
  • Court file no 31-2842932
  • + 1 more extracted fact
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., “2390154 Ontario Inc. Kings Buffet Hamilton” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/2390154-ontario-inc

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/2390154-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.