Proceedings.

Debsel Inc

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Closed
Proceeding
BankruptcyArticle 49 de la Loi et Règle 85
File
500-11-054565-185
Filings held4
Last activity12 Jun 2025
On the record2,832 days
Secured debtSubscribers
OverviewSummary updated

Debsel Inc is the subject of a bankruptcy proceeding under the Bankruptcy and Insolvency Act before the Superior Court of Québec (Commercial Division), carried on court file 500-11-054565-185. The proceeding commenced on June 12, 2025, the same day an interim order was granted. The file is now recorded as closed. Nothing further beyond that June 12, 2025 interim order appears on the record.

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Case updates4 dated entries

1 earlier update, back to 20 December 2018 subscribers.

Parties

Debtor

Debsel Inc

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredRoyal Bank of Canada (Revolving Line) · in 556 casesAccounts receivable (créances payables - entreprise - comptes à recevoir); security dated 2016-05-25 — Security valued at $200,000.00; unsecured deficiency balance of $295,031.00 reported on Liste A (bifurcated secured/unsecured claim by security valuation) — debtor: Debsel Inc. · as of 20 Dec 2018$495KNotice of Bankruptcy and First meeting of Creditors
84 more claims across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Estate financialsReported figures — never derived

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

Documents4 filings
DateDocumentFile
Court Order for the Trustee's Discharge (French only)
  • Commencement date 12 June 2025
  • Court COUR SUPÉRIEURE
  • Court file no 500-11-054565-185
  • Presiding officer Judge Patrick Gosselin
  • + 1 more extracted fact
PDF · Subscribers
Trustee's Report on Preliminary Administration
PDF · Subscribers
Notice of Bankruptcy and First meeting of Creditors
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role Syndic autorisé en insolvabilité
  • Commencement date 20 December 2018
  • Court file no 500-11-054565-185
  • + 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., “Debsel Inc” (Bankruptcy), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/debsel-inc

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

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.

Debsel Inc — Bankruptcy | Proceedings.