Proceedings.

Hira Custom Homes Inc

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Proceeding
Bankruptcysection 49 of the Bankruptcy and Insolvency Act
File
35-2934066
Filings held3
Last activity18 Apr 2023
On the record1,252 days
OverviewSummary updated

Hira Custom Homes Inc. has been in bankruptcy under the BIA in Ontario since April 18, 2023, with MNP Ltd. as trustee under court file 35-2934066. The Statement of Affairs puts total provable claims at $4,577,594, of which unsecured claims account for $3,939,979 and preferred claims $4,000, with deemed trust claims shown as nil; proofs of claim filed to date total $3,616,977. Two mortgages are registered against 10A Knevitt Place, a first in favour of Eden Park Holdings Inc. and a second held by Shab Holdings Ontario Inc., a company owned by Kamal Hira's son; the trustee has received no claim or security documents for either and has issued a s. 128(1) demand to Shab. Halton Auto Lease holds PMSI registrations against four leased vehicles, with equity above the confirmed buyout amounts in dispute.

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Case updates3 dated entries
#Claims

Bankruptcy of Hira Custom Homes Inc. dated April 18, 2023, by assignment filed or bankruptcy order made, fixing the date for the meeting of creditors.

Source: Creditors Package

Parties

Debtor

Hira Custom Homes Inc

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Deemed trusts (CRA and other)Eden Park Holdings Inc.First mortgage registered against 10A Knevitt Place — Prose states mortgage amount of $383,615; title search shows registered charge of $975,000 (registration ceiling, not confirmed balance); no claim or security documents yet received by Trustee; counsel awaiting confirmation of CRA deemed trust before proceeding — debtor: Hira Custom Homes Inc.Preliminary Report of Trustee

“not stated” means the record names the claim without a figure; “” means not in the extracted record.

8 more claims across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings

Unsecured creditors: not yet estimated.Preliminary Report of Trustee · 9 May 2023

ClassCreditorClaimsRecoveryBasisSource
Unsecurednot yet estimatedconditionalper the trusteePreliminary Report of Trustee · 9 May 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

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

Documents3 filings
DateDocumentFile
Preliminary Report of Trustee
  • Appointee MNP Ltd.
  • Appointee role trustee
  • Commencement date 18 April 2023
  • Court file no 35-2934066
  • + 6 more extracted facts
PDF · Subscribers
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee
  • Commencement date 18 April 2023
  • Court file no 35-2934066
  • + 1 more extracted fact
PDF · Subscribers
Creditors Package
  • Commencement date 18 April 2023
  • Court file no 35-2934066
  • Province Ontario
  • Financial position Subscribers
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., “Hira Custom Homes Inc” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/hira-custom-homes-inc

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