Proceedings.

KAMAK Construction Management Corporation

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Active
Proceeding
BankruptcyBankruptcy and Insolvency Act
File
35-3057904
Filings held3
Last activity20 Mar 2024
On the record915 days
OverviewSummary updated

KAMAK Construction Management Corporation has been bankrupt under the Bankruptcy and Insolvency Act since March 20, 2024, with MNP Ltd. acting as trustee of the Ontario estate under file no. 35-3057904. Toronto-Dominion Bank holds registered security against all of the company's assets. The Canada Revenue Agency asserts a deemed trust and statutory priority charge over all assets to the extent of unremitted source deductions withheld from employees, with approximately $60,000 owing; the CRA has not yet filed a claim confirming that amount. The Statement of Affairs reports unsecured creditors aggregating $182,526, against which proofs of claim filed and proven to date total $123,993. The proceeding remains active.

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Case updates3 dated entries
#Report

A court officer report placed on the record that the company itself initiated proceedings on March 20, 2024, establishing the commencement date for the file.

Source: Preliminary Report of Trustee

Parties

Debtor

KAMAK Construction Management Corporation

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)Canada Revenue Agency · in 926 casesPriority charge over all assets to the extent of unremitted source deductions withheld from employees — Deemed trust/statutory priority claim; CRA has not yet filed a claim confirming this amount; approximately $60,000 owing per prose in Section A background — debtor: KAMAK Construction Management CorporationPreliminary Report of Trustee
4SecuredToronto-Dominion Bank · in 48 casesRegistered security against all assets of the Company — Amount not stated — debtor: KAMAK Construction Management CorporationPreliminary Report of Trustee
8UnsecuredUnsecured creditors (aggregate as reported) · in 532 casesDocument names no individual creditors; proofs of claim filed/proven amount to date is $123,993, per Section D table — debtor: KAMAK Construction Management Corporation$183KPreliminary 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 · 10 Apr 2024

ClassCreditorClaimsRecoveryBasisSource
Unsecured$124Kprovenno distributionEstimatedper the trusteePreliminary Report of Trustee · 10 Apr 2024

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
DateDocumentFile
Preliminary Report of Trustee
  • Appointee MNP Ltd.
  • Appointee role trustee
  • Commencement date 20 March 2024
  • Court file no 35-3057904
  • + 6 more extracted facts
PDF
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee
  • Commencement date 20 March 2024
  • Court file no 35-3057904
  • + 1 more extracted fact
PDF
Creditors Package
  • Court file no 35-3057904
  • Province Ontario
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “KAMAK Construction Management Corporation” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/kamak-construction-management-corporation

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/kamak-construction-management-corporation

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.