Proceedings.

Kid Drop Inc.

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Active
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 record614 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

10 earlier updates, back to 15 January 2025 subscribers.

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 202621 cases on record

Counsel of record

PartyCounselFirst seenSource
ApplicantSheneen Jit and Naveen JitLeenen LLP13 Jan 2025Service list · 13 Jan 2025
CreditorAddress for Service and Contact Information of Filing This DocumentLeenen LLP3 Jan 2025Affidavit · 3 Jan 2025
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Deemed trusts (CRA and other)Canada Revenue Agency · in 926 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
4 more claims across lower-ranking classesSubscribe to view
Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents
13 filings
DateDocumentFile
Receiver's CertificatePDF · Subscribers
Form 87 - Notice and Statement of the ReceiverPDF · 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 PackagePDF · 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 Leenen LLP
  • 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 20 September 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.

Kid Drop Inc. — Bankruptcy | Proceedings.