Proceedings.

2721151 Ontario Inc. c.o.b. E & R Automotive

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Active
Proceeding
Bankruptcysection 49 of the Bankruptcy and Insolvency Act
File
31-2873039
Filings held2
Last activity11 Oct 2022
On the record1,441 days
Secured debtSubscribers
OverviewSummary updated

2721151 Ontario Inc. c.o.b. E & R Automotive filed an assignment in bankruptcy on October 11, 2022, under section 49 of the Bankruptcy and Insolvency Act, with Goldhar & Associates Ltd. as trustee under court file 31-2873039, in Ontario. The proceeding is active. The Royal Bank of Canada, whose claim was listed at $300,000.00 in the statement of affairs, filed a proof of claim for $138,766.27 secured by a PPSA registration, with 25% of the indebtedness personally guaranteed by the officer and director. RBC also held unsecured claims, including one for which it filed a proof of claim of $109,896.25.

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Case updates2 dated entries
Parties

Debtor

2721151 Ontario Inc. c.o.b. E & R Automotive

Trustee in bankruptcy

Goldhar & Associates

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredRoyal Bank of Canada (RBC) · in 556 casesas of claim as filed as at October 25, 2022 — PPSA registration (charge registered by RBC, confirmed via PPSA search conducted September 15, 2022, file currency to September 14, 2022) — Statement of Affairs listed secured claim at $300,000.00 (1 creditor); proof of claim filed for $138,766.27, not yet reviewed for validity/admissibility. Indebtedness personally guaranteed by the officer/director to the extent of 25%. — debtor: 2721151 Ontario Inc c.o.b E&R Automotive$139KMinutes of First Meeting of Creditors with Preliminary Report and Appendix
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Documents2 filings
DateDocumentFile
Minutes of First Meeting of Creditors with Preliminary Report and Appendix
  • Appointee Goldhar & Associates Ltd
  • Appointee role Trustee
  • Commencement date 11 October 2022
  • Court file no 31-2873039
  • + 4 more extracted facts
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Notice of Bankruptcy and First Meeting of Creditors, including Creditor’s Package
  • Appointee Goldhar & Associates Ltd.
  • Appointee role trustee
  • Commencement date 11 October 2022
  • Court file no 31-2873039
  • + 3 more extracted facts
PDF · Subscribers

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CiteProceedings., “2721151 Ontario Inc. c.o.b. E & R Automotive” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/2721151-ontario-inc-c-o-b-e-r-automotive

Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/2721151-ontario-inc-c-o-b-e-r-automotive

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.