Meeting of creditors, recorded as of the February 12, 2024 commencement of the bankruptcy, with MNP Ltd. serving as Licensed Insolvency Trustee.
Source: Creditor's Package
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.
Meeting of creditors, recorded as of the February 12, 2024 commencement of the bankruptcy, with MNP Ltd. serving as Licensed Insolvency Trustee.
Source: Creditor's Package
Fixed the commencement for the record at 11:05 on February 12, 2024, establishing the precise time from which the proceeding runs.
Source: Certificate of Appointment
Recorded that the Company itself made the filing that opened the proceeding on February 12, 2024.
Source: Trustee's Preliminary Report
Debtor
2421021 Ontario Inc.
Trustee in bankruptcy
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Canada Revenue Agency · in 926 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. | $41.1K | Trustee's Preliminary Report |
| Unsecured | Royal Bank of Canada · in 556 casesas of SOA filing date — RBC loan; 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. | $17.8K | Trustee's Preliminary Report |
Unsecured creditors: no distribution.EstimatedTrustee's Preliminary Report · 3 Mar 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distribution | Estimatedper the trustee | Trustee'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.
As at 9 Feb 2024 · per Statement of Affairs (SOA); claims as filed to March 1, 2024 were Nil · entity - 2421021 Ontario Inc. — SOA indicates the Company has no assets; secured claims per SOA and as filed were Nil; unsecured per SOA $58,863.09 but Nil proofs of claim filed as of 5:00 p.m. March 1, 2024
| Date | Document | File |
|---|---|---|
Trustee's Preliminary Report
| ||
Creditor's Package
| ||
Certificate of Appointment
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “2421021 Ontario Inc.” (Bankruptcy). Retrieved 20 September 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.