Proceedings.

2480866 Ontario Ltd.

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Proceeding
BankruptcySubsection 102(1) of the Act
File
31-2992415
Filings held3
Last activity19 Oct 2023
On the record1,135 days
Secured debtSubscribers
OverviewSummary updated

2480866 Ontario Ltd. is in bankruptcy under the BIA in Ontario, with MNP acting as Licensed Insolvency Trustee under court file no. 31-2992415. The bankruptcy took effect on September 29, 2023 at 10:48. The Statement of Affairs shows total assets of CAD $11,754, reflecting the estimated liquidation value of bank draft proceeds from the sale of assets, against total liabilities of CAD $671,772.66 — secured $107,220.78, preferred nil, and unsecured $564,551.88 as separately stated. The Toronto-Dominion Bank is the only secured creditor per an Ontario PPSA search, and nil secured claims had been proven and filed to October 19, 2023; unsecured claims proven and filed to that date totalled $33,494.63, including one claim from a food supplier. The estate remains active.

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Case updates3 dated entries
Parties

Debtor

2480866 Ontario Ltd.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredThe Toronto-Dominion Bank · in 122 casesas of Statement of Affairs — PPSA registration (Ontario) - only secured creditor per PPSA search — Amount per Statement of Affairs; Nil proven and filed to October 19, 2023 — debtor: 2480866 Ontario Ltd.$107KTrustee's Preliminary Report
8Unsecured

1 more claim in 1 class 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's Preliminary Report · 19 Oct 2023

ClassCreditorClaimsRecoveryBasisSource
Unsecured——no distributionconditionalEstimatedper the trusteeTrustee's Preliminary Report · 19 Oct 2023

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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Documents3 filings
DateDocumentFile
Trustee's Preliminary Report
  • Appointee MNP
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 29 September 2023
  • Court file no 31-2992415
  • + 6 more extracted facts
PDF · Subscribers
Certificate of appointment dated
  • Commencement date 29 September 2023
  • Court file no 31-2992415
PDF · Subscribers
Creditor's Package
  • Appointee MNP Ltd.
  • Appointee role trustee
  • Commencement date 29 September 2023
  • Court file no 31-2992415
  • + 3 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., “2480866 Ontario Ltd.” (Bankruptcy). Retrieved 6 November 2026, https://proceedings.ca/case/2480866-ontario-ltd

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/2480866-ontario-ltd

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.