Proceedings.

Avi Life-Lab Inc.

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Proceeding
BankruptcyBankruptcy and Insolvency Act, R.S.C. 1985, c. B-3
File
500-11-060344-211
Filings held8
Last activity21 May 2024
On the record1,786 days
OverviewSummary updated

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.

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Case updates8 dated entries
#Report

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)

Parties

Debtor

Avi Life-Lab Inc.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)Agence du revenu du Québec · in 275 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$100KForm 78 - Statement of Affairs (French only)
3Deemed trusts (CRA and other)
4Secured
4Secured
4Secured
4Secured
6Landlord preferred
7Preferred (BIA s. 136)
8Unsecured
8Unsecured

19 more claims in 5 classes The stack holds Deemed trusts (CRA and other), Secured, Landlord preferred, Preferred (BIA s. 136) and Unsecured claims.

Every creditor and every amount, drawn to scale.

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Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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Documents8 filings
DateDocumentFile
Notice of Application for Taxation of Accounts and Discharge of Interim Receiver
  • Applicant MNP LTÉE
  • Appointee MNP LTD
  • Appointee role interim receiver
  • Commencement date 17 November 2021
  • + 4 more extracted facts
PDF · Subscribers
Trustee's Report on Preliminary administration (French only)
  • Operational summary 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.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Form 78 - Statement of Affairs (French only)
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Notice of Bankruptcy and First meeting of Creditors
PDF · Subscribers
Bankruptcy Order
  • Applicant CONCENTRIC AGRICULTURE INC.
  • Appointee MNP Ltd.
  • Appointee role trustee in bankruptcy
  • Commencement date 15 December 2021
  • + 5 more extracted facts
PDF · Subscribers
Certificate of Filing of a Bankruptcy OrderPDF · Subscribers
Order for the appointment of an Interim Receiver (French only)PDF · Subscribers
Application for a Bankruptcy Order
  • Applicant Concentric Agriculture Inc.
  • Court SUPERIOR COURT
  • Court file no 500-11-060344-211
  • Proceeding type bia_bankruptcy
  • + 2 more extracted facts
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 4 November 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.