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 record590 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
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
UnsecuredCanada Revenue Agency (CRA) - HST · in 985 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
Unsecured
Unsecured
Unsecured

3 more claims in 1 class The stack holds Unsecured claims.

Every creditor and every amount, drawn to scale.

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RecoveriesAs stated in the filings

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

ClassCreditorClaimsRecoveryBasisSource
Deemed trustCanada Revenue Agency—paid in fullUnder the planvote pendingper the proposal trusteeReport to Creditors – March 31 2025 · 31 Mar 2025
Preferred——paid in fullUnder the planvote pendingper the debtorProposal · 12 Mar 2025
Unsecured——a 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
Total assets at filing

As at ·

The total the debtor stated at filing

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

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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 5 November 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.