Proceedings.

Jakal Trading Co. Limited

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Proceeding
BankruptcySection 49 of the Bankruptcy and Insolvency Act
File
31-3261456
Filings held5
Last activity5 Sep 2025
On the record444 days
Secured debtSubscribers
OverviewSummary updated

Jakal Trading Co. Limited filed an assignment in bankruptcy on August 19, 2025, placing the company into a bankruptcy proceeding under the Bankruptcy and Insolvency Act in Ontario under court file number 31-3261456. The record fixes the date and time of bankruptcy as August 19, 2025 at 14:12. The proceeding remains active. No further steps, claims information or realization activity have been recorded on the file beyond the commencement documents.

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Case updates5 dated entries
#Report

The officer filed report no. Trustee's Preliminary Report to Creditors on the Bankruptcy Administration. The Company, a ladies wear retailer, ceased operations in January 2025 after its director stopped funding operating losses; the Trustee has taken possession of records but not the remaining inventory, and no distribution to unsecured creditors is currently anticipated. Court file 31-3261456.

Source: Trustee's Preliminary Report dated

Parties

Debtor

Jakal Trading Co. Limited

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredTD Canada Trust c/o FCT Default Solutions · in 55 casesas of date of bankruptcy (August 19, 2025) — Identified as the sole 'Secured' creditor on the Creditor Mailing List (original p.3); the Statement of Affairs (Form 78) reports total secured creditors of $1,000.00 as at the bankruptcy date, but the List of Liabilities detail page (original p.12) shown does not display this creditor by name (only a zero-value unsecured row for WSIB is visible on that page, with the aggregate totals of $1,000.00 secured / $467,185.08 unsecured / $468,185.08 total carried at the bottom). — debtor: Jakal Trading Co. Limited$1KNotice of Bankruptcy - Affidavit of Mailing
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

8 more claims in 1 class The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedTrustee's Preliminary Report dated · 5 Sep 2025

ClassCreditorClaimsRecoveryBasisSource
Unsecured——no distributionconditionalEstimatedper the trusteeTrustee's Preliminary Report dated · 5 Sep 2025

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
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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Documents5 filings
DateDocumentFile
Trustee's Preliminary Report dated
  • Appointee MNP Ltd.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 19 August 2025
  • Cash on hand Subscribers
  • + 10 more extracted facts
PDF · Subscribers
Tear sheet of Newspaper ad
PDF · Subscribers
Notice of Bankruptcy - Affidavit of Mailing
  • Commencement date 19 August 2025
  • Court file no 31-3261456
  • Province ONTARIO
  • Financial position Subscribers
  • + 1 more extracted fact
PDF · Subscribers
Notice to Creditors
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 19 August 2025
  • Court file no 31-3261456
  • + 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., “Jakal Trading Co. Limited” (Bankruptcy). Retrieved 6 November 2026, https://proceedings.ca/case/jakal-trading-co-limited

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/jakal-trading-co-limited

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.