Proceedings.

2573852 Ontario Inc Paris Home Hardware

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Active
Proceeding
Receivership (court-appointed)section 49 of the Bankruptcy and Insolvency Act
File
35-3179293
Filings held4
Last activity10 Feb 2025
On the record601 days
Secured debtSubscribers
OverviewSummary updated

2573852 Ontario Inc. (Paris Home Hardware) made an assignment in bankruptcy on January 28, 2025, the same date on which this Ontario proceeding commenced under court file number 35-3179238. The matter is recorded as a court-appointed receivership resting on section 243 of the Bankruptcy and Insolvency Act together with provincial Judicature Act authority. A court officer's report was filed on the commencement date, setting out the assignment. The proceeding remains active, and the record shows no steps after January 28, 2025.

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Case updates4 dated entries

1 earlier update, back to 28 January 2025 subscribers.

Parties

Debtor

2573852 Ontario Inc Paris Home Hardware

Receiver

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredBank of Montreal · in 279 casesAppointing secured creditor (Receiver appointed by Bank of Montreal); general security over Property — Notice of Receiver (p.1) estimated total secured debt owed to BMO at $725,000. Schedule A (p.3) shows this bifurcated into $410,305.00 classified as Secured and $314,695.00 classified as Unsecured (deficiency after security valuation), which together equal the $725,000 estimate. — debtor: 2573852 Ontario Inc. · as of 13 Feb 2025$410KNotice and Statement of Receiver
26 more claims across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings

Unsecured creditors: no distribution. Bank of Montreal short.EstimatedPreliminary Report of Trustee · 19 Feb 2025

ClassCreditorClaimsRecoveryBasisSource
SecuredBank of MontrealshortfallEstimatedper the receiverPreliminary Report of Trustee · 19 Feb 2025
Unsecuredno distributionEstimatedper the receiverPreliminary Report of Trustee · 19 Feb 2025

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

Documents4 filings
DateDocumentFile
Preliminary Report of Trustee
  • Appointee MNP Ltd.
  • Appointee role Licenced Insolvency Trustee
  • Commencement date 28 January 2025
  • Court file no 35-3179293
  • + 3 more extracted facts
PDF · Subscribers
Notice and Statement of Receiver
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee
  • Commencement date 28 January 2025
  • Court file no 35-3179293
  • + 1 more extracted fact
PDF · Subscribers
Creditors Package
  • Commencement date 28 January 2025
  • Court file no 35-3179293
  • Province Ontario
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., “2573852 Ontario Inc Paris Home Hardware” (Receivership (court-appointed)). Retrieved 20 September 2026, https://proceedings.ca/case/2573852-ontario-inc-o-a-paris-home-hardware

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/2573852-ontario-inc-o-a-paris-home-hardware

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.