Proceedings.

2421021 Ontario Inc.

ActiveFollow
Proceeding
BankruptcyBankruptcy and Insolvency Act
File
32-3042110
Filings held3
Last activity3 Mar 2024
On the record998 days
OverviewSummary updated

2421021 Ontario Inc. became bankrupt on February 12, 2024 under the Bankruptcy and Insolvency Act in Ontario, with MNP Ltd. acting as Licensed Insolvency Trustee under estate file 32-3042110. The Statement of Affairs, as at February 9, 2024, shows the company holds no assets and reports secured claims of Nil, with unsecured claims totalling $58,863.09 made up of $41,113 owed to the Canada Revenue Agency and a $17,750 Royal Bank of Canada loan. No proofs of claim had been filed as of 5:00 p.m. on March 1, 2024. The estate remains active.

Ask in plain language. The answer comes only from this case’s filings, each one cited.
Enter to send · Shift+Enter for a new line
Open this case in Proceedings AI⁠Save your chats, keep long conversations going, and ask across every case.
Case updates3 dated entries
Parties

Debtor

2421021 Ontario Inc.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
UnsecuredCanada Revenue Agency · in 986 casesas of SOA filing date — One of two debts comprising the SOA unsecured total of $58,863.09; no proofs of claim had been filed as of March 1, 2024 — debtor: 2421021 Ontario Inc.$41.1KTrustee's Preliminary Report
Unsecured

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

Every creditor and every amount, drawn to scale.

Start 5-day trial

Card required. Nothing charged for 5 days. Cancel anytime.

Already a subscriber? Sign in.

See all plans⁠
RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedTrustee's Preliminary Report · 3 Mar 2024

ClassCreditorClaimsRecoveryBasisSource
Unsecured——no distributionEstimatedper the trusteeTrustee's Preliminary Report · 3 Mar 2024

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.

Start 5-day trial

Card required. Nothing charged for 5 days. Cancel anytime.

Already a subscriber? Sign in.

See all plans⁠
Documents3 filings
DateDocumentFile
Trustee's Preliminary Report
  • Appointee MNP Ltd.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 12 February 2024
  • Court file no 32-3042110
  • + 7 more extracted facts
PDF · Subscribers
Creditor's Package
  • Commencement date 12 February 2024
  • Court file no 32-3042110
  • Financial position Subscribers
PDF · Subscribers
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee
  • Commencement date 12 February 2024
  • Court file no 32-3042110
  • + 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., “2421021 Ontario Inc.” (Bankruptcy). Retrieved 5 November 2026, https://proceedings.ca/case/2421021-ontario-inc

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/2421021-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.