Proceedings.

Kid Drop Inc.

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Proceeding
BankruptcyBankruptcy and Insolvency Act, RSC 1985, c B-3, s. 14, 42, 43
File
24-116403
Filings held13
Last activity3 Sep 2026
On the record659 days
OverviewSummary updated

Kid Drop Inc. is in bankruptcy in Alberta. The proceeding was commenced on January 6, 2025 under the Bankruptcy and Insolvency Act in the Court of King's Bench of Alberta in Bankruptcy and Insolvency, which carries the matter as court file number 24-116403. The application that opened the file was filed the same day. The proceeding remains active, and the record to date reflects that single step.

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Case updates13 dated entries
Parties

Debtor

Kid Drop Inc.

Trustee in bankruptcy

MNP

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice HarrisCourt of King's Bench of Alberta1 order, Aug 202628 cases on record

Counsel of record

PartyCounselFirst seenSource
ApplicantSheneen Jit and Naveen JitLeenen LLP13 Jan 2025Service list · 13 Jan 2025
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)Canada Revenue Agency · in 985 casesDeemed trust - all present and after-acquired property — Deemed trust claim (ranks ahead of all creditors) for payroll source deductions. CRA advised the Trustee the balance owing is approximately $74,000; Table 3 (PPR search as at date of bankruptcy) listed an estimated claim of only $1,000, which appears to be a placeholder pending CRA's advice. CRA had not filed a Proof of Claim as of the date of this report. — debtor: Kid Drop Inc. · as of 15 Jan 2025$74KTrustee's Report to Creditors
4Secured
4Secured
5PMSI / lessors
8Unsecured

4 more claims in 3 classes The stack holds Deemed trusts (CRA and other), Secured, PMSI / lessors and Unsecured claims.

Every creditor and every amount, drawn to scale.

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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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Documents
13 filings
DateDocumentFile
Receiver's CertificatePDF · Subscribers
Form 87 - Notice and Statement of the Receiver
PDF · Subscribers
ApplicationPDF · Subscribers
Receivership Order
  • Presiding officer Justice Harris
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Affidavit of Brian WestonPDF · Subscribers
Trustee's Report to Creditors
  • Applicant Ms. Jit and Mr. Jit
  • Appointee MNP Ltd.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 15 January 2025
  • + 5 more extracted facts
PDF · Subscribers
First Meeting of Creditor's Package
PDF · Subscribers
Bankruptcy Order
  • Presiding officer Justice Dunlop
PDF · Subscribers
Certificate of AppointmentPDF · Subscribers
Originating Application
  • Applicant SHEENEEN JIT and NAVEEN JIT
  • Appointee MNP Inc.
  • Appointee role trustee in bankruptcy
  • Commencement date 6 January 2025
  • + 4 more extracted facts
PDF · Subscribers
Service List
  • Counsel Sharek Logan & Van Leenen LLP
PDF · Subscribers
Notice to Trustee from the Office of the Superintendent of Bankruptcy - Application for a Bankruptcy OrderPDF · Subscribers
Affidavit of Sheneen Jit
  • Counsel How: operator-correction · Firm: Leenen LLP · Firm party id: 27a64b8b-b0eb-4827-9f84-5363adfb08ea
  • Financial position · Secured creditors 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., “Kid Drop Inc.” (Bankruptcy), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/kid-drop-inc

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/kid-drop-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.