Proceedings.

Davroc & Associates Limited

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Proceeding
Bankruptcysection 49 of the Bankruptcy and Insolvency Act
File
32-3261284
Filings held7
Last activity8 Sep 2025
On the record398 days
Secured debtSubscribers
OverviewSummary updated

Davroc & Associates Limited made an assignment into bankruptcy on August 19, 2025, with the date and time of bankruptcy recorded as 10:19, and Grant Thornton Limited named trustee under court file 32-3261284. The company's Statement of Affairs as at that date reported total assets of $119,494.69 against total liabilities of $632,706.08, a deficiency of $513,211.39, with secured creditors at $134,609.02 and unsecured creditors at $498,097.06. Jackel Developments Ltd. is listed with a total claim of $554,000.00, split between a secured portion of $134,609.02 and an unsecured portion of $419,390.98. Other unsecured trade creditors include Promount Consultants Ltd. at $26,427.31 and DeBortoli Design Inc. at $10,202.77.

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Case updates6 dated entries · 1 undated
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The officer filed a report. The Company ceased operations following its assignment into bankruptcy, with a related entity (Davroc Testing) taking over the former premises, while the Trustee works to collect receivables and liquidate remaining computer equipment.

Source: Trustee's Preliminary Report dated September 8, 2025.pdf

3 earlier updates, back to 19 August 2025 subscribers.

Undated filings1 — no date appears on the document · show

1 filings carry no date on their face — subscribers.

Parties

Debtor

Davroc & Associates Limited

Trustee in bankruptcy

Doane Grant Thornton

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredJackel Developments Ltd.Listed as accounts payable, split secured/unsecured; total claim $554,000.00 with secured portion $134,609.02 secured against assets 101,1301,1101 (cash, machinery/equipment, accounts receivable); estimated deficit -419,390.98 — debtor: Davroc & Associates Limited · as of 19 Aug 2025$135KCreditors Bankruptcy Package dated Aug 19, 2025.pdf

19 more claims across lower-ranking classes

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RecoveriesAs stated in the filings

Unsecured creditors: not yet estimated.EstimatedTrustee's Preliminary Report dated September 8, 2025.pdf · 8 Sep 2025

ClassCreditorClaimsRecoveryBasisSource
Unsecurednot yet estimatedconditionalEstimatedper the trusteeTrustee's Preliminary Report dated September 8, 2025.pdf · 8 Sep 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.

1 stated figure across 1 outcome, each sourced

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Estate financialsReported figures — never derived

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

Cash on hand

$21K

As at 8 Sep 2025Trustee's Preliminary Report dated September 8, 2025.pdf

Documents7 filings
DateDocumentFile
Trustee's Preliminary Report dated September 8, 2025.pdf
  • Appointee Grant Thornton Limited
  • Appointee role trustee in bankruptcy
  • Commencement date 19 August 2025
  • Cash on hand Subscribers
  • + 8 more extracted facts
PDF · Subscribers
Certificate of Appointment.pdf
  • Appointee GRANT THORNTON LIMITED
  • Appointee role trustee
  • Commencement date 19 August 2025
  • Court file no 32-3261284
  • + 1 more extracted fact
PDF · Subscribers
Creditors Bankruptcy Package dated Aug 19, 2025.pdf
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Employee WEPP Guide.pdfPDF · Subscribers
WEPP - QA General.pdfPDF · Subscribers
Proof of Claim.pdf
  • Commencement date 19 August 2025
  • Court file no 32-3261284
  • Province Ontario
  • Statutory basis Sections 50.1, 81.5, 81.6, subsections 65.2(4), 81.2(1), 81.3(8), 81.4(8), 102(2), 124(2), 128(1), and paragraphs 51(1)(e) and 66.14(b) of the Act
PDF · Subscribers
Proxy.pdf
  • Financial position · Secured creditors · Unsecured creditors Subscribers
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., “Davroc & Associates Limited” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/davroc-associates-limited

Sources last checked · summary updated 6 September 2026 · Report a correction · Printed from proceedings.ca/case/davroc-associates-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.