Proceedings.

Ayacon Limited

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Proceeding
Proposalsection 62(1) of the Bankruptcy and Insolvency Act
Court
Ontario Superior Court of Justice · In Bankruptcy and Insolvency
File
31-3203257
Filings held3
Last activity31 Mar 2025
On the record544 days
OverviewSummary updated

Ayacon Limited has a Division I proposal proceeding under the Bankruptcy and Insolvency Act, commenced on March 26, 2025 under court file No. 31-3203257. The proceeding remains active. No further steps have been recorded on this file.

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Case updates3 dated entries
Parties

Debtor

Ayacon Limited

Proposal trustee

Dodick Landau

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
UnsecuredCanada Revenue Agency (CRA) - HST · in 926 casesApproximate figure ('approximately $63,000'); one of two components comprising the reported ~$142,000 total unsecured debt. — debtor: Ayacon Limited · as of 26 Mar 2025$63KReport to Creditors – March 31 2025

3 more claims across lower-ranking classes

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RecoveriesAs stated in the filings

Unsecured creditors: a distribution. CRA paid in full.Under the plan · vote pendingProposal · 12 Mar 2025

ClassCreditorClaimsRecoveryBasisSource
Deemed trustCRApaid in fullUnder the planvote pendingper the proposal trusteeReport to Creditors – March 31 2025 · 31 Mar 2025
Preferredpaid in fullUnder the planvote pendingper the debtorProposal · 12 Mar 2025
Unsecureda distributionUnder the planvote pendingper the debtorProposal · 12 Mar 2025

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.

Estate financialsReported figures — never derived

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

Documents3 filings
DateDocumentFile
Report to Creditors – March 31 2025
  • Appointee Dodick Landau Inc.
  • Appointee role Proposal Trustee
  • Court file no 31-3203257
  • Financial position Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Certificate Of Filing
  • Commencement date 26 March 2025
  • Court file no 31-3203257
PDF · Subscribers
Proposal
  • Appointee Dodick Landau Inc.
  • Appointee role proposal trustee
  • Commencement date 12 March 2025
  • Court ONTARIO SUPERIOR COURT OF JUSTICE (IN BANKRUPTCY AND INSOLVENCY)
  • + 3 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., “Ayacon Limited” (Proposal), Ontario Superior Court of Justice · In Bankruptcy and Insolvency. Retrieved 20 September 2026, https://proceedings.ca/case/ayacon-limited

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/ayacon-limited

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.