Conian Developments Inc. et al
- Proceeding
- Bankruptcysubsection 50.4 (1) of the Bankruptcy and Insolvency Act
- File
- B200284
- Industry
- Real estate · Residential development
Conian Developments Inc. and related debtors are in bankruptcy before the Supreme Court of British Columbia, in proceedings brought under ss. 34 and 183 of the Bankruptcy and Insolvency Act and commenced on July 9, 2020 under court files B200284, B200285, B200286 and B200287. BDO Canada Limited applied in its capacity as trustee, and McEown and Associates Ltd. acts as trustee in bankruptcy. A creditor mailing list for Conian Developments Inc., as of July 10, 2020, records unsecured claims ranging from $1.00 owed to Romspen Investment Corporation to $10,000,000 owed to B.C. Currency Exchange, alongside claims of $1,488,000 to JEL Enterprises Ltd., $1,400,000 to Ameet Parikh and $1,385,026.61 to Ateeq-ur-Rehman Khan. The Canada Revenue Agency, WorkSafeBC, BC Hydro & Power Authority, the Ministry of Finance and Khalsa Credit Union appear without stated amounts. The matter remains active.
A claims procedure has been established — see the order for deadlines.
Per the Claims Process Order dated 22 February 2022.
Application filed in the Supreme Court of British Columbia under file B200284, commencing the bankruptcy proceedings against Conian Developments Inc. and the related debtors.
Source: Notice of Application
Certificate of Assignment – 11-2650761 – Conian Developments (La Voda II) Inc. — NOI certificate of filing
Certificate of Assignment – 11-2650762 – Conian Developments (La Voda) Inc. — NOI certificate of filing
Certificate of Assignment – 11-2650763 – Conian Developments Inc. — NOI certificate of filing
The officer filed report no. Second Report. The Trustee has been administering the bankruptcy estates following the sale of the La Voda Project Lands, resolving lien claims, and is now working through a proposed claims process for unsecured lenders affected by an alleged Ponzi-like scheme run by Rana Khaliq; a substitution of trustee to BDO Canada Limited is recommended.
Source: Trustees' Second Report to Creditors dated March 15, 2022
Undated filings2 — no date appears on the document · show
Debtor
Conian Developments Inc. et al
Trustee in bankruptcy
BDO
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | B.C. Currency Exchangedebtor: Conian Developments Inc. · as of 10 Jul 2020 | $10M | Creditor List - Conian |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
69 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: not yet estimated.Trustee's Preliminary Report to Creditors · 20 Jul 2020
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | the Companies' creditors | — | not yet estimatedconditional | per the trustee | Trustee's Preliminary Report to Creditors · 20 Jul 2020 |
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.
As at ·
Cash on hand
$6.22M
As at 15 Mar 2022Trustees' Second Report to Creditors dated March 15, 2022
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Notice of Application
| PDF · Subscribers | |
Third Report of the Trustee
| PDF · Subscribers | |
| Claims Package | PDF · Subscribers | |
| Certificate of Assignment – 11-2650761 – Conian Developments (La Voda II) Inc. | PDF · Subscribers | |
| Certificate of Assignment – 11-2650762 – Conian Developments (La Voda) Inc. | PDF · Subscribers | |
| Certificate of Assignment – 11-2650763 – Conian Developments Inc. | PDF · Subscribers | |
| Certificate of Assignment – 11-2650764 – FLII Construction Ltd. | PDF · Subscribers | |
Trustees' Second Report to Creditors dated March 15, 2022
| PDF · Subscribers | |
| Claims Process Order | PDF · Subscribers | |
Trustee's Preliminary Report to Creditors
| PDF · Subscribers | |
| Creditor Package - Conian | PDF · Subscribers | |
| Creditor Package - FLII | PDF · Subscribers | |
Creditor Package - La Voda
| PDF · Subscribers | |
| Creditor Package - La Voda II | PDF · Subscribers | |
Notice to Unknown Creditors
| PDF · Subscribers | |
Creditor List - Conian
| PDF · Subscribers | |
| Creditor List - FLII | PDF · Subscribers | |
| Creditor List - La Voda | PDF · Subscribers | |
| Creditor List - La Voda II | PDF · Subscribers | |
| Notice to Creditors re NOI Filing - Conian | PDF · Subscribers | |
| Notice to Creditors re NOI Filing - FLII | PDF · Subscribers | |
| Notice to Creditors re NOI Filing - La Voda | PDF · Subscribers | |
| Notice to Creditors re NOI Filing - La Voda II | PDF · Subscribers | |
| Certificate of Filing an NOI - Conian | PDF · Subscribers | |
| Certificate of Filing an NOI - FLII | PDF · Subscribers | |
Certificate of Filing an NOI - La Voda
| PDF · Subscribers | |
| Certificate of Filing an NOI - La Voda II | PDF · Subscribers | |
Consolidated Distribution Order
| PDF · Subscribers | |
| Proof of Claim and Instructions | 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., “Conian Developments Inc. et al” (Bankruptcy), Supreme Court of British Columbia. Retrieved 5 November 2026, https://proceedings.ca/case/conian-developments-inc-et-al