Proceedings.

Cross Industries Ltd

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Proceeding
BankruptcyBankruptcy and Insolvency Act
File
11-3228882
Filings held2
Last activity17 Jun 2025
On the record526 days
OverviewSummary updated

Cross Industries Ltd is bankrupt in British Columbia, having made a voluntary assignment in bankruptcy under the Bankruptcy and Insolvency Act effective May 28, 2025. The proceeding is before the Supreme Court of British Columbia and remains active. A report by the court officer, filed the same day the assignment took effect, records the assignment as the step that commenced the bankruptcy. The record discloses no further steps in the estate to date.

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Case updates2 dated entries
Parties

Debtor

Cross Industries Ltd

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)Canada Revenue Agency · in 985 casesas of CRA statements of account — Deemed trust claim over unremitted payroll source deductions, ranking in priority to all other creditors — Amount approximate per CRA statements of account provided by Company; unconfirmed - Trustee to correspond with CRA to confirm deemed trust amount; no proof of claim received to date; deemed trust class — debtor: Cross Industries Ltd.$69KTrustee's Preliminary Report to Creditors
4Secured
4Secured
4Secured
4Secured
8Unsecured
8Unsecured
8Unsecured

7 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Secured 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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Documents2 filings
DateDocumentFile
Trustee's Preliminary Report to Creditors
  • Appointee MNP Ltd.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 28 May 2025
  • Court IN THE SUPREME COURT OF BRITISH COLUMBIA
  • + 7 more extracted facts
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Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee
  • Commencement date 28 May 2025
  • Court file no 11-3228882
  • + 1 more extracted fact
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., “Cross Industries Ltd” (Bankruptcy), Supreme Court of British Columbia. Retrieved 4 November 2026, https://proceedings.ca/case/cross-industries-ltd

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

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.

Cross Industries Ltd — Bankruptcy | Proceedings.