Proceedings.

Hestia Tea Company Inc.

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Proceeding
BankruptcySection 49 of the Act; Rule 85
File
31-2920086
Filings held4
Last activity29 Mar 2023
On the record1,336 days
OverviewSummary updated

Hestia Tea Company Inc. has been in bankruptcy under the Bankruptcy and Insolvency Act since March 10, 2023, when it filed an assignment, with MNP Ltd. acting as licensed insolvency trustee under file number 31-2920086 in Ontario. The Statement of Affairs puts the estate's assets at $15,000, an estimated liquidation value covering equipment only, against unsecured claims reported in aggregate at $284,462.00. A PPSA search disclosed no creditors appearing to hold valid security over the Company's assets, leaving the estate unencumbered. Proofs of claim proven and filed as at March 28, 2023 totalled $18.21, reflecting filings received to that date rather than the claims reported by the Company. The proceeding remains active.

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Case updates4 dated entries
Parties

Debtor

Hestia Tea Company Inc.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
UnsecuredRBC Royal Bank (HASCAP loan) c/o BankruptcyHighway.com · in 54 casesHASCAP loan; listed as unsecured (balance of claim 0.00). Attn: Razel Bowen, PO Box 57100, Etobicoke ON M8Y 3Y2 — debtor: Hestia Tea Company Inc. · as of 6 Mar 2023$100KCreditor's Package
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured

15 more claims in 1 class The stack holds Unsecured claims.

Every creditor and every amount, drawn to scale.

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Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

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

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Documents4 filings
DateDocumentFile
Preliminary Report dated
  • Appointee MNP Ltd.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 10 March 2023
  • Court file no 31-2920086
  • + 5 more extracted facts
PDF · Subscribers
Blank Proof of Claim and Proxy formsPDF · Subscribers
Creditor's Package
  • Commencement date 10 March 2023
  • Court file no 31-2920086
  • Province Ontario
  • Financial position Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Certificate of Appointment dated
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee
  • Commencement date 10 March 2023
  • Court file no 31-2920086
  • + 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., “Hestia Tea Company Inc.” (Bankruptcy). Retrieved 5 November 2026, https://proceedings.ca/case/hestia-tea

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

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.