Proceedings.

Equity Capital Corp.

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Proceeding
BankruptcyParagraph 50.4(8)(b.1) of the Act
File
21224
Filings held3
Last activity28 Apr 2017
On the record3,451 days
OverviewSummary updated

Equity Capital Corp., a Newfoundland and Labrador company, went into bankruptcy on April 10, 2017 under the Bankruptcy and Insolvency Act, with MNP Ltd. as trustee under estate file 21224 in the district of Newfoundland and Labrador. The Statement of Affairs sworn as at the date of bankruptcy put total assets at $243,456.18 against total liabilities of $584,255.59, a reported deficiency of $340,799.41, with no secured creditors, no preferred creditors and no contingent or other liabilities. The unsecured claims are dominated by 10804 NL Ltd. at $566,168.92, followed by Stantec Consulting Ltd at $12,675.65 and Tract Consulting Inc at $2,147.00; the Bank of Montreal, TD Bank, the Business Development Bank of Canada - Atlantic, Kent (St. John's) and Moscowitz Capital are each listed at $1.00. The estate remains active.

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Case updates3 dated entries
#Report

The officer filed a report. The debtor filed an NOI which failed for non-filing of a cash-flow statement and it was deemed bankrupt; the Trustee is recovering books and records and there is no ongoing operating business. Court file 21224.

Source: Trustee’s Report on Preliminary Administration

Parties

Debtor

Equity Capital Corp.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Unsecured10804 NL Ltd. · in 4 casesdebtor: Equity Capital Corp. · as of 10 Apr 2017$566KNotice of Bankruptcy and First Meeting of Creditors
13 more claims across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedTrustee’s Report on Preliminary Administration · 28 Apr 2017

ClassCreditorClaimsRecoveryBasisSource
Unsecuredno distributionEstimatedper the trusteeTrustee’s Report on Preliminary Administration · 28 Apr 2017

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

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

Documents3 filings
DateDocumentFile
Trustee’s Report on Preliminary Administration
  • Appointee MNP Ltd.
  • Appointee role Trustee
  • Commencement date 10 April 2017
  • Cash on hand Subscribers
  • + 9 more extracted facts
PDF · Subscribers
Notice of Bankruptcy and First Meeting of Creditors
  • Court file no 21224
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Certificate of Assignment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 10 April 2017
  • Court file no 21224
  • + 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., “Equity Capital Corp.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/equity-capital-corp-bkr

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/equity-capital-corp-bkr

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.