Proceedings.

Le Groupe Lancelot inc.

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Proceeding
Bankruptcyparagraphe 102(1) de la Loi
File
250-11-002549-267
Filings held1
Last activity24 Jul 2026
On the record59 days
OverviewSummary updated

Le Groupe Lancelot inc. became bankrupt on 24 July 2026, with Raymond Chabot Inc. acting as syndic under court file 250-11-002549-267. The statement of affairs, declared and estimated by the bankrupt as at 22 July 2026, reports assets of $3,425.00 against liabilities of $249,595.41, leaving a deficit of $246,170.41. Secured and preferred claims are both stated at $0.00. Bank borrowings account for nearly all of the debt: a $100,000.00 line of credit with the Bank of Nova Scotia, $76,555.91 with BMO, and a $60,000.00 CEBA loan, again with the Bank of Nova Scotia.

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Case updates1 dated entry
Parties

Debtor

Le Groupe Lancelot inc.

Trustee in bankruptcy

Raymond Chabot

Capital structureAs asserted in the filings
stated amounts, drawn to scale · 3 named without a figure
Priority classCreditorAmountSource
UnsecuredScotiabank / The Bank of Nova Scotia · in 24 casesPrêts bancaires (excepté hypothèques) - Marge de crédit — debtor: Le Groupe Lancelot inc. · as of 22 Jul 2026$100KAvis de la faillite
UnsecuredBMO - Financial Group · in 39 casesPrêts bancaires (excepté hypothèques) - Marge de crédit — debtor: Le Groupe Lancelot inc. · as of 22 Jul 2026$76.6KAvis de la faillite
UnsecuredScotiabank / The Bank of Nova Scotia · in 24 casesPrêts bancaires (excepté hypothèques) - Prêt CUEC — debtor: Le Groupe Lancelot inc. · as of 22 Jul 2026$60KAvis de la faillite
UnsecuredGuillaume MichaudPrêts d'actionnaires - Avances à la société; related party (shareholder loan) — debtor: Le Groupe Lancelot inc. · as of 22 Jul 2026$6.09KAvis de la faillite
UnsecuredMinistère du Revenu du Québec (QC) · in 641 casesImpôts d'entreprise - Impôts — debtor: Le Groupe Lancelot inc. · as of 22 Jul 2026$3.66KAvis de la faillite
UnsecuredMinistère du Revenu du Québec (QC) · in 641 casesImpôts d'entreprise - TPS/TVQ — debtor: Le Groupe Lancelot inc. · as of 22 Jul 2026$3.06KAvis de la faillite
UnsecuredScotiabank / The Bank of Nova Scotia · in 24 casesComptes à payer - Carte de crédit terminant par 9015 — debtor: Le Groupe Lancelot inc. · as of 22 Jul 2026$227Avis de la faillite
UnsecuredAgence du Revenu du Canada (QC) · in 719 casesImpôts d'entreprise - impôts; listed as deemed trust in favour of the Crown with $0.00 shown in deemed-trust column but $1.00 claim amount — debtor: Le Groupe Lancelot inc. · as of 22 Jul 2026$1Avis de la faillite
UnsecuredBMO - Financial Group · in 39 casesComptes à payer - Mastercard 0835 et 5927 — debtor: Le Groupe Lancelot inc. · as of 22 Jul 2026$1Avis de la faillite
UnsecuredMinistère du Revenu du Québec (QC) · in 641 casesImpôts d'entreprise - DAS; deemed trust in favour of the Crown, amount reported as $0.00 — debtor: Le Groupe Lancelot inc. · as of 22 Jul 2026$0Avis de la faillite
UnsecuredCNESST - Centre de recouvrement Est · in 94 casesImpôts d'entreprise - cotisation; amount reported as $0.00 — debtor: Le Groupe Lancelot inc. · as of 22 Jul 2026$0Avis de la faillite
UnsecuredAgence du Revenu du Canada (QC) · in 719 casesImpôts d'entreprise - DAS; deemed trust in favour of the Crown, amount reported as $0.00 — debtor: Le Groupe Lancelot inc. · as of 22 Jul 2026$0Avis de la faillite
Estate financialsReported figures — never derived
Total assets at filing$3.42K
Total liabilities at filing$250K

As at 22 Jul 2026 · per Statement of Affairs (Bilan, Formulaire 78), as declared and estimated by the bankrupt · entity - Le Groupe Lancelot inc. — Reported as: secured creditors $0.00; preferred/priority creditors $0.00; unsecured creditors $249,595.41; contingent/trust or other provable claims $0.00. Deficit of $246,170.41 stated.

Documents1 filing
DateDocumentFile
Avis de la faillite
  • Appointee Raymond Chabot Inc.
  • Appointee role syndic
  • Commencement date 24 July 2026
  • Court file no 250-11-002549-267
  • + 4 more extracted facts
PDF

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

CiteProceedings., “Le Groupe Lancelot inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/le-groupe-lancelot-inc

Sources last checked · summary updated 22 August 2026 · Report a correction · Printed from proceedings.ca/case/le-groupe-lancelot-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.