Proceedings.

2397043 Ontario Inc. cob Bindaas Capital

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Proceeding
BankruptcyBankruptcy and Insolvency Act
File
32-2856461
Filings held4
Last activity11 Oct 2023
On the record1,542 days
OverviewSummary updated

2397043 Ontario Inc., carrying on business as Bindaas Capital, has been bankrupt since August 16, 2022 under the Bankruptcy and Insolvency Act, with A. Farber & Partners Inc. acting as Licensed Trustee. The estate is administered in the Ontario Superior Court of Justice in Bankruptcy and Insolvency under court file 32-2856461. The Statement of Affairs puts assets at $210,002.00 as at the date of bankruptcy against total liabilities of $496,012.64, comprising $253,594.00 in unsecured claims and $242,418.64 in contingent claims, with secured and preferred claims stated as nil. Proofs of claim filed with the Trustee for unsecured claims total $80,473.40, and no proofs have been filed for the contingent class. The Trustee expresses no opinion on the validity, exactness or reliability of the books and records underlying those figures, and the realizable value estimates are unaudited. The proceeding remains active.

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Case updates4 dated entries
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Filing dated October 11, 2023 set out the Statement of Affairs position — $210,002.00 in assets against $496,012.64 in liabilities — and the proofs of claim received.

Source: Notice of Hearing

Parties

Debtor

2397043 Ontario Inc. cob Bindaas Capital

Trustee in bankruptcy

A. Farber & Partners

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
UnsecuredUnsecured creditors (aggregate as reported) · in 563 casesas of date of bankruptcy — Document names no individual creditors. Proofs of claim filed with Trustee for unsecured claims total $80,473.40 (different, lower figure). — debtor: 2397043 Ontario Inc. cob Bindaas Capital$254KTrustee’s Preliminary Report to Creditors
Unsecured

1 more claim in 1 class The stack holds Unsecured claims.

Every creditor and every amount, drawn to scale.

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RecoveriesAs stated in the filings

Preferred creditors: not yet estimated.Trustee’s Preliminary Report to Creditors · 1 Sep 2022

ClassCreditorClaimsRecoveryBasisSource
Preferredpreferred or unsecured creditors—not yet estimatedper the trusteeTrustee’s Preliminary Report to Creditors · 1 Sep 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.

Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

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

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Documents4 filings
DateDocumentFile
Notice of Hearing
  • Commencement date 11 October 2023
  • Court SUPERIOR COURT OF JUSTICE IN BANKRUPTCY AND INSOLVENCY
  • Court file no 32-2856461
PDF · Subscribers
Trustee’s Preliminary Report to Creditors
  • Appointee A. Farber & Partners Inc.
  • Appointee role Licensed Trustee
  • Commencement date 16 August 2022
  • Financial position Subscribers
  • + 6 more extracted facts
PDF · Subscribers
Creditors Package
PDF · Subscribers
Certificate of Appointment
  • Appointee A. FARBER & PARTNERS INC.
  • Appointee role trustee
  • Commencement date 16 August 2022
  • Court file no 32-2856461
  • + 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., “2397043 Ontario Inc. cob Bindaas Capital” (Bankruptcy), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/2397043-ontario-inc-cob-bindaas-capital

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/2397043-ontario-inc-cob-bindaas-capital

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.