#Report
Trustee's report fixes the bankruptcy at December 14, 2022, 14:41, and sets out the secured registrations, CRA arrears and Statement of Affairs creditor figures.
Source: Certificate of Appointment
Jar Hospitality Limited Sail Restaurant
FollowActive
- Proceeding
- BankruptcyBankruptcy and Insolvency Act
- File
- 35-2893941
Filings held3
Last activity14 Dec 2022
On the record1,377 days
Secured debt$42K
OverviewSummary updated
Jar Hospitality Limited, operator of Sail Restaurant, became bankrupt under the Bankruptcy and Insolvency Act on December 14, 2022 at 14:41, with MNP Ltd. acting as trustee in the Ontario estate under file no. 35-2893941. The Statement of Affairs reports unsecured creditors in the aggregate of $614,830, against which proofs of claim filed to date total $71,679, and describes CRA arrears of approximately $125,000 attributed by the company to cashflow constraints, a class carried at nil in the provable claims table. On the secured side, 9859870 Canada Inc. has a proven claim of $42,017 secured against accounts and other collateral, while the Owen Sound landlord, Bharti Enterprises Inc., and Silver Chef Rentals Inc., the Meaford landlord, hold registrations without stated balances. The proceeding remains active.
Proceedings AIAsk this case — answers cite the filings
Case updates3 dated entries
#Report
Court officer's report filed on the commencement date, placing the company's entry into insolvency proceedings at December 14, 2022; it is the only filing on the record.
Source: Preliminary Report of Trustee
Parties
Debtor
Jar Hospitality Limited Sail Restaurant
Trustee in bankruptcy
MNP
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | 9859870 Canada Inc. · in 6 casesas of Proven (proof of claim filed) — Security registered against accounts and other — Filed a claim in the bankruptcy for this amount — debtor: Jar Hospitality Limited | $42K | Preliminary Report of Trustee |
| 4 | Secured | Silver Chef Rentals Inc. (Meaford Landlord) · in 6 casesas of Statement of Affairs / bankruptcy filing date — Security registered against assets at Meaford location — Registration only; no stated balance — debtor: Jar Hospitality Limited | — | Preliminary Report of Trustee |
| 4 | Secured | Bharti Enterprises Inc. (Owen Sound Landlord)as of Statement of Affairs / bankruptcy filing date — General secured claim registered on PPSR — Registration only; no stated balance — debtor: Jar Hospitality Limited | — | Preliminary Report of Trustee |
| 8 | Unsecured | Unsecured creditors (aggregate as reported) · in 532 casesas of Statement of Affairs — Document names no individual unsecured creditors; proofs of claim filed to date total $71,679, per Section D table — debtor: Jar Hospitality Limited | $615K | Preliminary Report of Trustee |
| 8 | Unsecured | CRA · in 43 casesDeemed trust class shown as $nil in Section D provable claims table (Per Statement of Affairs and Proven); approximate figure ($125,000) per narrative in Section A, not reconciled with table — debtor: Jar Hospitality Limited | $125K | Preliminary Report of Trustee |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
RecoveriesAs stated in the filings
Unsecured creditors: no distribution.EstimatedPreliminary Report of Trustee · 3 Jan 2023
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distribution | Estimatedper the trustee | Preliminary Report of Trustee · 3 Jan 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.
Documents3 filings
| Date | Document | File |
|---|---|---|
Preliminary Report of Trustee
| ||
Certificate of Appointment
| ||
Creditors Package
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Jar Hospitality Limited Sail Restaurant” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/jar-hospitality-limited