Hestia Tea Company Inc.
Follow- Proceeding
- BankruptcySection 49 of the Act; Rule 85
- File
- 31-2920086
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.
A claims procedure has been established — see the order for deadlines.
Hestia Tea Company Inc. filed an assignment, commencing bankruptcy under the BIA with MNP Ltd. as licensed insolvency trustee under file number 31-2920086.
Source: Creditor's Package
Court officer report placed on the record, fixing the commencement of the proceedings at March 10, 2023 at 08:08.
Source: Certificate of Appointment dated
1 earlier update, back to 10 March 2023 — subscribers.
Debtor
Hestia Tea Company Inc.
Trustee in bankruptcy
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | RBC Royal Bank (HASCAP loan) c/o BankruptcyHighway.com · in 52 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 | $100K | Creditor's Package |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Preliminary Report dated
| PDF · Subscribers | |
| Blank Proof of Claim and Proxy forms | PDF · Subscribers | |
Creditor's Package
| PDF · Subscribers | |
Certificate of Appointment dated
| 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 20 September 2026, https://proceedings.ca/case/hestia-tea