Alfacon Solutions Limited
Follow- Proceeding
- NOIBIA s. 50.4
- File
- 32-2427544
Alfacon Solutions Limited commenced insolvency proceedings on October 2, 2018 by filing a notice of intention under s. 50.4 of the Bankruptcy and Insolvency Act, under court file no. 32-2427544 in the Ontario Superior Court of Justice. The proceeding remains active. The list of creditors with claims of $250 or more filed as of the NOI date runs to hundreds of names, dominated by Royal Bank of Canada at $2,100,000 and a related group of Monteco entries — Monteco Ltd - RBC at $1,500,000, Monteco Ltd at $830,000 and Monteco Holdings Limited at $665,661.05, together with smaller claims listed for individuals at the Monteco address. Also listed are BDC Capital at $780,000, Michelin c/o Haynsworth Sinkler Boyd P.A. at $282,500, Hunter Steel Sales at $219,065.40, Colson Group Canada, Inc. at $201,090.69 and JL Metals Inc. at $154,075.29.
Motion Record (Returnable November 16 2018) dated November 16, 2018 — Application / notice of application
7 earlier updates, back to 2 October 2018 — subscribers.
Debtor
Alfacon Solutions Limited
Proposal trustee
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Monteco Ltd.PPSA registration — Majority shareholder / parent (owns 75% of Alfacon) - related party. Amount per NOI creditor list (Karwala Affidavit para 24, PDF p.31); one of the three creditors the First Report aggregated as $3,435,000 (PDF p.16). Postponed/subordinated to RBC per guarantee (para 25). — debtor: Alfacon Solutions Limited · as of 2 Oct 2018 | $2.94M | Second Report, dated November 16, 2018 |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
| Order (extension to November 19, 2018) dated November 16, 2018 | PDF · Subscribers | |
Motion Record (Returnable November 16 2018) dated November 16, 2018
| PDF · Subscribers | |
Order of Hainey, J. (extension to November 16, 2018) dated November 1, 2018
| PDF · Subscribers | |
Second Report, dated November 16, 2018
| PDF · Subscribers | |
Endorsement of Hainey, J, dated November 1, 2018
| PDF · Subscribers | |
Motion Record (returnable November 1, 2018) dated October 30, 2018
| PDF · Subscribers | |
| Affidavit of Wojciech Karwala , sworn October 31, 2018 | PDF · Subscribers | |
First Report, dated October 30, 2018
| PDF · Subscribers | |
Creditor Package - Notice of Intention to Make Proposal
| PDF · Subscribers | |
| Certificate of filing the NOI | 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., “Alfacon Solutions Limited” (NOI), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/alfacon-solutions-limited-prp