Amma Custom Fabrication & Railing Inc., a custom metal fabrication and railing business in Brampton, Ontario, made an assignment in bankruptcy on August 23, 2024 under the BIA, with MNP Ltd. of Toronto acting as Licensed Insolvency Trustee under file number 32-3120376. The Form 78 Statement of Affairs sworn that day by Dwarka Nauth Dhari puts assets at $279,713.45 against liabilities of $347,289.35, a deficiency of $67,575.90. Machinery accounts for $176,009.00 of assets, including a Mitsubishi laser machine at $84,514.00 and a Diamond BH press brake at $48,595.00, with vehicles at $81,900.00. Secured claims total $218,206.43, led by MAC Funding Corporation on the laser and the press brake; unsecured claims total $129,081.92, including $40,000.00 on a Toronto-Dominion CEBA loan. The estate remains active.
The officer filed report no. Preliminary Report. Amma ceased operations upon its August 2024 bankruptcy filing; its vehicles were seized and stored, and the Trustee is assessing whether to take possession of or abandon the Equipment at the leased premises, which is subject to a landlord distraint. Court file 32-3120376.
Source: Trustee's Preliminary Report
4 earlier updates, back to 23 August 2024 — subscribers.
Debtor
Amma Custom Fabrication & Railing Inc.
Trustee in bankruptcy
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | MAC Funding CorporationMitsubishi laser machine with accessories (security given March 3, 2020), estimated value $84,514.00. — debtor: Amma Custom Fabrication & Railing Inc. · as of 23 Aug 2024 | $84.5K | Statement of Affairs - Form 78 |
Unsecured creditors: not yet estimated. Toronto-Dominion Bank paid in full.EstimatedTrustee's Preliminary Report · 12 Sep 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| SecuredTD | Toronto-Dominion Bank | — | paid in full | Finalper the debtor | Trustee's Preliminary Report · 12 Sep 2024 |
| Unsecured | — | — | not yet estimated | Estimatedper the trustee | Trustee's Preliminary Report · 12 Sep 2024 |
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.
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Cash on hand
$15K
As at 12 Sep 2024Trustee's Preliminary Report
| Date | Document | File |
|---|---|---|
Trustee's Preliminary Report
| PDF · Subscribers | |
| Proof of Publication of the Notice in Newspaper | PDF · Subscribers | |
| Affidavit of Mailing of the Notice to the Creditors | PDF · Subscribers | |
| Notice to the Creditors dated | PDF · Subscribers | |
| Certificate of Appointment dated | PDF · Subscribers | |
Assignment for the general benefit of creditors - Form 21
| PDF · Subscribers | |
Statement of Affairs - Form 78
| 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., “Amma Custom Fabrication & Railing Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/amma-custom-fabrication-and-railing-inc
Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/amma-custom-fabrication-and-railing-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.