Avi Life-Lab Inc. is the subject of active bankruptcy proceedings in the Superior Court of Québec under sections 42 and 43 of the Bankruptcy and Insolvency Act, commenced on May 21, 2024 on the application of Concentric Agriculture Inc. in court file 500-11-060344-211. A Statement of Affairs (Form 78) prepared as at December 15, 2021, subject to future verification, declares total assets of $563,474.00 against total liabilities of $4,302,116.20, for a declared deficit of $3,738,642.20. The largest secured claim is that of Caisse populaire Desjardins du Plateau Mont-Royal at $419,998.46 against laboratory equipment, followed by the Agence du revenu du Québec at $99,990.00 for 2018-2021 income tax and source deductions. Unsecured claims are dominated by a $2,974,014.00 shareholder loan owing to Fatemeh Kazemi Kafrani. Concentric Agriculture is itself listed for $295,000.00 unsecured and a $135,000.00 preferred rent claim.
The officer filed report no. Rapport du Syndic sur son administration préliminaire. The Trustee is not carrying on the Debtor's business; it has secured the premises, is pursuing a sale process for the laboratory assets via a broad bid solicitation, and is awaiting bid submissions before proceeding with any distribution.
Source: Trustee's Report on Preliminary administration (French only)
5 earlier updates, back to 15 December 2021 — subscribers.
Debtor
Avi Life-Lab Inc.
Trustee in bankruptcy
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Deemed trusts (CRA and other) | Agence du revenu du Québec · in 272 casesBiens de l'entreprise - Machinerie (mobilier de bureau et matériel informatique; équipement roulant; équipements de lab); estimated security value $99,990.00 (11,670.00 + 1,800.00 + 86,520.00), surplus estimatif $43,480.54 on lab equipment component — DAS/impôts 2018-2021; deemed trust also claimed for related amounts (see unsecured/other lists) — debtor: Avi Life-Lab Inc. · as of 15 Dec 2021 | $100K | Form 78 - Statement of Affairs (French only) |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Notice of Application for Taxation of Accounts and Discharge of Interim Receiver
| PDF · Subscribers | |
Trustee's Report on Preliminary administration (French only)
| PDF · Subscribers | |
Form 78 - Statement of Affairs (French only)
| PDF · Subscribers | |
| Notice of Bankruptcy and First meeting of Creditors | PDF · Subscribers | |
Bankruptcy Order
| PDF · Subscribers | |
| Certificate of Filing of a Bankruptcy Order | PDF · Subscribers | |
| Order for the appointment of an Interim Receiver (French only) | PDF · Subscribers | |
Application for a Bankruptcy Order
| 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., “Avi Life-Lab Inc.” (Bankruptcy), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/avi-life-lab-inc
Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/avi-life-lab-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.