Proceedings.

AusculSciences Canada, Inc.

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Active
Proceeding
Receivership (court-appointed)Subsection 102(1) of the Act
Filings held2
Last activity18 Sep 2023
Secured debtSubscribers
OverviewSummary updated

AusculSciences Canada, Inc., an Ontario company, is in active insolvency proceedings in which B. Riley Farber Inc. has been appointed trustee. The appointment is made under subsection 102(1) of the Act. B. Riley Farber Inc. accordingly carries the trustee's mandate in the matter, and creditors of AusculSciences Canada deal with that firm as the appointed officer in the proceeding, which remains open in Ontario.

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Case updates1 dated entry · 1 undated
#Claims

AusculSciences Canada filed an assignment, commencing the Ontario proceeding; a meeting of creditors is dated to the same day, September 18, 2023.

Source: Creditors Package

Undated filings1 — no date appears on the document · show

1 filings carry no date on their face — subscribers.

Parties

Debtor

AusculSciences Canada, Inc.

Receiver

GlassRatner

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredOntario Ministry of Finance (Account Management and Collections Branch, Insolvency Unit) · in 43 casesBusiness Assets - Trade Fixtures (Property, Plant & Equipment); GST Refund; Investment Tax Credits; Rent Deposit; Due from Ausculsciences International, Inc; Stock In Trade - Inventory. Estimated value of security 2.00; balance of claim (unsecured shortfall) 14,749.00 — provincial Crown tax authority; secured claim per Form 78 List B — debtor: AusculSciences Canada, Inc. · as of 15 Sep 2023$14.8KCreditors Package
11 more claims across lower-ranking classesSubscribe to view
Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents2 filings
DateDocumentFile
Creditors Package
  • Appointee B. Riley Farber Inc.
  • Appointee role Trustee
  • Proceeding type bia_bankruptcy
  • Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Certificate of Appointment
  • Proceeding type receivership_court
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., “AusculSciences Canada, Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/ausculsciences-canada-inc

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/ausculsciences-canada-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.