Hazaq Development Inc.
Follow- Proceeding
- BankruptcySubsection 102(1) of the Act
- File
- 705-11-011395-184
Hazaq Development Inc. is in bankruptcy proceedings in Quebec before the Cour supérieure (file no. 705-11-011395-184), after filing an assignment on June 26, 2018, with MNP Ltd. appointed trustee of the bankrupt estate under subsection 102(1) of the Act. Its Statement of Affairs, as at June 22, 2018, reported total liabilities of $1,302,099.54 against total assets of $544.76, a deficit of $1,301,554.78. Banque Nationale du Canada was listed as an unsecured creditor for $1,300,000, despite being a bank, with no security recorded against it. Agence du revenu du Québec, the Canada Revenue Agency and KPMG Inc. were each listed at $1.00, and Hydro-Québec at $2,096.54.
Debtor
Hazaq Development Inc.
Trustee in bankruptcy
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Banque Nationale du Canada · in 104 casesListed as unsecured on Liste A (Créanciers Non Garantis) despite being a bank; no security recorded in Liste B (Créanciers Garantis) which shows total $0.00 — debtor: Hazaq Development Inc. · as of 22 Jun 2018 | $1.3M | Avis |
| Unsecured | Hydro-Québec · in 264 casesdebtor: Hazaq Development Inc. · as of 22 Jun 2018 | $2.1K | Avis |
| Unsecured | Agence du revenu du Québec · in 272 casesdebtor: Hazaq Development Inc. · as of 22 Jun 2018 | $1 | Avis |
| Unsecured | ARC - Taxe - Québec (CRA) · in 168 casesdebtor: Hazaq Development Inc. · as of 22 Jun 2018 | $1 | Avis |
| Unsecured | KPMG Inc. · in 2 casesdebtor: Hazaq Development Inc. · as of 22 Jun 2018 | $1 | Avis |
Closed · the record states no distribution outcome.
As at 22 Jun 2018 · per Statement of Affairs (Form 78) as declared and estimated by the officer · Hazaq Development Inc. (single entity, bankrupt debtor) — Secured creditors listed as $0.00 (Liste B); preferred creditors listed as $0.00 (Liste C); contingent/trust claims listed as $0.00 (Liste D); deficit reported as $1,301,554.78
| Date | Document | File |
|---|---|---|
Avis
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Hazaq Development Inc.” (Bankruptcy), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/hazaq-development-inc