Proceedings.

D.R. Precision Homes Inc.

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Proceeding
BankruptcySection 49 of the Act; Rule 85
File
32-2978500
Filings held3
Last activity13 Sep 2023
On the record1,170 days
OverviewSummary updated

D.R. Precision Homes Inc. filed an assignment in bankruptcy on August 23, 2023, commencing proceedings under the Bankruptcy and Insolvency Act in Ontario under estate number 32-2978500, with MNP Ltd. as trustee. The Statement of Affairs put the estate's assets at $310, being the estimated liquidation value of cash held in a bank account, against unsecured claims of $182,965.90. Proofs of claim filed to September 13, 2023 total $386,277.50 as proven and filed, above the Statement of Affairs figure. Secured and preferred claims are nil on both the Statement of Affairs and the proven and filed tally, and a search of PPSA registrations found no creditors appearing to hold valid security over the company's assets. The estate remains active.

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Case updates3 dated entries
Parties

Debtor

D.R. Precision Homes Inc.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
UnsecuredUnsecured creditors (aggregate as reported) · in 563 casesas of Statement of Affairs — Document names no individual creditors; proofs filed to September 13, 2023 total $386,277.50, labelled as proven & filed amount (higher than Statement of Affairs figure). — debtor: D.R. Precision Homes Inc.$183KTrustee's Preliminary Report
RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedTrustee's Preliminary Report · 13 Sep 2023

ClassCreditorClaimsRecoveryBasisSource
Unsecuredany creditors of the Company—no distributionEstimatedper the trusteeTrustee's Preliminary Report · 13 Sep 2023

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.

Estate financialsReported figures — never derived
Total assets at filing

As at ·

The total the debtor stated at filing

Each one as the filing states it, with its source.

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Documents3 filings
DateDocumentFile
Trustee's Preliminary Report
  • Appointee MNP Ltd.
  • Appointee role Licensed Insolvency Trustee
  • Court file no 32-2978500
  • Financial position Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Creditor's Package
  • Commencement date 23 August 2023
  • Court file no 32-2978500
  • Province Ontario
  • Financial position Subscribers
PDF · Subscribers
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee
  • Commencement date 23 August 2023
  • Court file no 32-2978500
  • + 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., “D.R. Precision Homes Inc.” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/dr-precision-homes-inc

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