#Report
Trustee's report fixed the bankruptcy at 10:48 on September 29, 2023 and set out the Statement of Affairs figures and claims proven and filed to October 19, 2023.
Source: Certificate of appointment dated
2480866 Ontario Ltd.
FollowActive
- Proceeding
- BankruptcySubsection 102(1) of the Act
- File
- 31-2992415
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.
Proceedings AIAsk this case — answers cite the filings
Case updates3 dated entries
#Claims
Meeting of creditors entered on the record, dated to the same September 29, 2023 assignment; no further detail of its conduct is recorded.
Source: Creditor's Package
#Report
Court officer report filed, recording that the company filed an assignment on September 29, 2023 — the step that opened the proceeding under file 31-2992415.
Source: Trustee's Preliminary Report
Parties
Debtor
2480866 Ontario Ltd.
Trustee in bankruptcy
MNP
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | The Toronto-Dominion Bank · in 111 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. | $107K | Trustee's Preliminary Report |
RecoveriesAs stated in the filings
Unsecured creditors: no distribution.EstimatedTrustee's Preliminary Report · 19 Oct 2023
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distributionconditional | Estimatedper the trustee | Trustee'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
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Documents3 filings
| Date | Document | File |
|---|---|---|
Trustee's Preliminary Report
| PDF · Subscribers | |
Certificate of appointment dated
| PDF · Subscribers | |
Creditor's Package
| 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 20 September 2026, https://proceedings.ca/case/2480866-ontario-ltd