Anderson Square Holdings Ltd.
Follow- Proceeding
- NOIsection 50.4 of the Bankruptcy and Insolvency Act
- File
- B-230561
Anderson Square Holdings Ltd. filed a Notice of Intention to Make a Proposal on November 27, 2023, commencing proceedings under the Bankruptcy and Insolvency Act in the Supreme Court of British Columbia under court file no. B-230561. The record shows no further steps since that filing, and the matter remains active. No proposal, court order, hearing date or claims information has been recorded in the file to date.
Notice of Hearing of Application for Court Approval of Proposal October 31, 2024 — Notice of hearing
The officer filed report no. Supplemental Report of Proposal Trustee on Proposal. Following resolution of a director dispute that had frozen disbursements, the Company (via a related party's interim funding) continued operations and is now able to make payments directly, with 38 residential and 1 commercial unit still unsold as of the report date.
Source: Supplemental Report of Proposal Trustee on Proposal filed October 25, 2024
13 earlier updates, back to 27 November 2023 — subscribers.
Debtor
Anderson Square Holdings Ltd.
Proposal trustee
Deloitte
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Anderson Plaza Holdings Inc.Equitable mortgage over the Unsold Units (23 PIDs comprising the Prima Project) and associated indemnities; mortgage security registered against the Unsold Units on or about November 28, 2023 — Related party: Anderson Plaza Holdings Inc. is the 100% parent/shareholder of the debtor (owned 70%/30% by directors Mr. Liang and Mr. Ho, who are also directors of the debtor). Demand for payment and Notice of Intention to Enforce Security issued November 20, 2023, stating total outstanding of $64,092,907.87 as at November 15, 2023. First Report's prose describes this as 'approximately $64.1 million ow · as of 15 Nov 2023 | $64.1M | First Report To Court of the Proposal Trustee Filed December 21, 2023 |
Unsecured creditors: a distribution. Anderson Plaza Holdings Inc. a distribution · Anderson Plaza Holdings Inc. a distribution.Proposal to Creditors Notice Package · 10 May 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| SecuredAnderson Plaza Claim - secured (Claims as Filed) | Anderson Plaza Holdings Inc. | — | a distributionconditional | Estimatedper the proposal trustee | Proposal to Creditors Notice Package · 10 May 2024 |
| Unsecured | Pre-Sale Claim - unsecured (Claims as Filed, Proposal) | — | a distributionconditional | per the proposal trustee | Proposal to Creditors Notice Package · 10 May 2024 |
| UnsecuredAnderson Plaza Claim - unsecured (Claims as Allowed) | Anderson Plaza Holdings Inc. | — | a distributionconditional | Estimatedper the proposal trustee | Proposal to Creditors Notice Package · 10 May 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.
Cumulative receipts
$12M
As at 25 Oct 2024Supplemental Report of Proposal Trustee on Proposal filed October 25, 2024
| Date | Document | File |
|---|---|---|
| Service List | PDF · Subscribers | |
| Notice of Hearing of Application for Court Approval of Proposal October 31, 2024 | PDF · Subscribers | |
Supplemental Report of Proposal Trustee on Proposal filed October 25, 2024
| PDF · Subscribers | |
| Notice of Application for Sanction Order filed June 19, 2024 | PDF · Subscribers | |
| Report of Proposal Trustee on Proposal filed June 19, 2024 | PDF · Subscribers | |
Amended Proposal
| PDF · Subscribers | |
Proposal Trustee's Report to Creditors May 21, 2024
| PDF · Subscribers | |
Proposal to Creditors Notice Package
| PDF · Subscribers | |
| Third Report to Court of the Proposal Trustee filed March 22, 2024 | PDF · Subscribers | |
Notice of Application (Extension of Stay) Filed March 21, 2024
| PDF · Subscribers | |
Notice of Application (Extension of Stay) Filed February 7, 2024
| PDF · Subscribers | |
Order Made After Application (Extension of Stay) Filed February 7, 2024
| PDF · Subscribers | |
| Second Report to Court of the Proposal Trustee Filed February 6, 2024 | PDF · Subscribers | |
First Report To Court of the Proposal Trustee Filed December 21, 2023
| PDF · Subscribers | |
| Initial Cash Flow Forecast Dated December 7, 2023 | PDF · Subscribers | |
Notice of Intention Notice Package
| 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., “Anderson Square Holdings Ltd.” (NOI), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/anderson-square-holdings-ltd