Proceedings.

5002090 Ontario Inc.

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Proceeding
Receivership (private)Subsection 245 & 246 (1) of the Bankruptcy and Insolvency Act
Filings held1
Last activity9 Nov 2021
On the record1,823 days
Secured debtSubscribers
OverviewSummary updated

5002090 Ontario Inc., an Ontario company, remains in active insolvency proceedings in which the only property described is cash of $32,000 as at November 9, 2021, with no aggregate liability figure stated. Bank of Montreal, holding a general security agreement, was owed an estimated $178,490 as at that date. The creditor list attached to the receiver's notice and statement records the same $178,490 balance for Bank of Montreal on the unsecured side as well, and identifies the Canada Revenue Agency and Pro Oil Canada Partnership, LP as unsecured creditors with amounts shown as unknown.

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Case updates1 dated entry
Parties

Debtor

5002090 Ontario Inc.

Receiver

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredBank of Montreal · in 297 casesGeneral Security Agreement — Estimated amount owed as at receivership appointment date — debtor: 5002090 Ontario Inc. · as of 9 Nov 2021$178KSection 245 Notice
8Unsecured
8Unsecured
8Unsecured

3 more claims 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

Closed · the record states no distribution outcome.

Estate financialsReported figures — never derived
Total assets at filing

As at ·

The total the debtor stated at filing

Each one as the filing states it, with its source.

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Documents1 filing
DateDocumentFile
Section 245 Notice
  • Appointee MNP Ltd.
  • Appointee role receiver
  • Commencement date 9 November 2021
  • Financial position Subscribers
  • + 4 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., “5002090 Ontario Inc.” (Receivership (private)). Retrieved 5 November 2026, https://proceedings.ca/case/5002090-ontario-inc

Sources last checked · summary updated 5 September 2026 · Report a correction · Printed from proceedings.ca/case/5002090-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.