Proceedings.

Delta Electric Ltd.

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Active
Proceeding
BankruptcyBankruptcy and Insolvency Act
File
24-2163565
Filings held2
Last activity8 Sep 2016
On the record3,665 days
Secured debtSubscribers
OverviewSummary updated

Delta Electric Ltd. is in bankruptcy in Alberta under the Bankruptcy and Insolvency Act, on an assignment under section 49 of the Act, with MNP Ltd. as trustee under file 24-2163565. The proceeding commenced September 8, 2016 and remains active. The Statement of Affairs (Form 78), sworn by Ryan McDonald, states assets of $243,634.97 against liabilities of $680,980.36 as at September 2, 2016, a deficiency of $437,345.41. Secured claims are stated at $56,005.00, chiefly Community Futures East Parkland at $56,000.00 secured on accounts receivable, a condominium unit in Lac La Biche County and equipment; unsecured claims total $414,975.38, the largest being Gescan at $136,649.45. The Canada Revenue Agency is also listed with a $210,000.00 deemed trust claim under contingent liabilities.

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Case updates2 dated entries
Parties

Debtor

Delta Electric Ltd.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredCommunity Futures East ParklandDebts due (accounts receivable) from various account debtors; real property/immovable - Land, Lac La Biche County, Condominium Plan 0825293, Unit 141; business assets/machinery (scissor lifts, cargo trailers) — List 'B' Secured Creditors as stated and estimated by the officer; estimated value of security $56,005.00; estimated surplus from security $187,629.97 — debtor: Delta Electric Ltd · as of 2 Sep 2016$56KCreditor's Package
31 more claims across lower-ranking classesSubscribe to view
Estate financialsReported figures — never derived

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

Documents2 filings
DateDocumentFile
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee
  • Commencement date 8 September 2016
  • Court file no 24-2163565
  • + 1 more extracted fact
PDF · Subscribers
Creditor's Package
  • Appointee MNP Ltd.
  • Appointee role trustee
  • Commencement date 7 September 2016
  • Court file no 24-2163565
  • + 6 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., “Delta Electric Ltd.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/delta-electric-ltd

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/delta-electric-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.