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.
Jakal Trading Co. Limited
- Proceeding
- BankruptcySection 49 of the Bankruptcy and Insolvency Act
- File
- 31-3261456
- Industry
- Retail · Apparel, footwear & jewellery retail
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.
Certificate of Appointment was filed. Court file 31-3261456.
Source: Certificate of Appointment
Debtor
Jakal Trading Co. Limited
Trustee in bankruptcy
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | TD 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 | $1K | Notice of Bankruptcy - Affidavit of Mailing |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
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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See all plansUnsecured creditors: no distribution.EstimatedTrustee's Preliminary Report dated · 5 Sep 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distributionconditional | Estimatedper the trustee | Trustee'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.
As at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Trustee's Preliminary Report dated
| PDF · Subscribers | |
Tear sheet of Newspaper ad
| PDF · Subscribers | |
Notice of Bankruptcy - Affidavit of Mailing
| PDF · Subscribers | |
Notice to Creditors
| PDF · Subscribers | |
Certificate of Appointment
| 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