McDargh Consultancy Services Limited
Follow- Proceeding
- BankruptcySection 49 of the Act; Rule 85
- File
- 33-2655198
McDargh Consultancy Services Limited has been in bankruptcy under the Bankruptcy and Insolvency Act since June 30, 2020, with MNP LTD. acting as Licensed Insolvency Trustee of the Ontario estate under file number 33-2655198. The Statement of Affairs sworn as at the date of bankruptcy put total assets at $7,200.00 against total liabilities of $392,996.00, a stated deficiency of $385,796.00. The whole of the claimed debt is unsecured: List "B" secured claims, List "C" preferred claims and List "D" contingent and other liabilities are each recorded at $0.00. The largest listed claims are TD Canada Trust at $187,003.00 and $40,000.00, Business Development Bank of Canada - Toronto at $75,000.00, Purity Life Health Products at $34,325.00 and Davis Group of Companies Corp at $26,000.00. The proceeding remains active.
Claims process approved as of the date of bankruptcy, with creditors identified on Statement of Affairs List "A", including TD Canada Trust Visa at $8,055.00, Dakin News Systems Inc. at $18,620.00, Wallace & Carey Inc. at $1,902.00, Northbridge Insurance at $1,191.00 and Bell Canada F-88 - Business at $900.00.
Court officer report fixing the date and time of bankruptcy at June 30, 2020, 12:38, the commencement of the Ontario estate.
Source: Certificate of Appointment
A second court officer report was filed on the same date, June 30, 2020.
Source: Trustee's Preliminary Report
Debtor
McDargh Consultancy Services Limited
Trustee in bankruptcy
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | TD Canada Trust · in 55 casesAccount 3549318346-02, CC&R Insolvency and Credit Counselling — debtor: McDargh Consultancy Services Limited · as of 30 Jun 2020 | $187K | Notice of Bankruptcy and First Meeting of Creditrs |
| Unsecured | Business Development Bank of Canada - Toronto · in 24 casesdebtor: McDargh Consultancy Services Limited · as of 30 Jun 2020 | $75K | Notice of Bankruptcy and First Meeting of Creditrs |
| Unsecured | TD Canada Trust · in 55 casesAccount 81449318346-01, CC&R Insolvency and Credit Counselling — debtor: McDargh Consultancy Services Limited · as of 30 Jun 2020 | $40K | Notice of Bankruptcy and First Meeting of Creditrs |
| Unsecured | Purity Life Health Productsdebtor: McDargh Consultancy Services Limited · as of 30 Jun 2020 | $34.3K | Notice of Bankruptcy and First Meeting of Creditrs |
| Unsecured | Davis Group of Companies Corpdebtor: McDargh Consultancy Services Limited · as of 30 Jun 2020 | $26K | Notice of Bankruptcy and First Meeting of Creditrs |
| Unsecured | Dakin News Systems Inc.debtor: McDargh Consultancy Services Limited · as of 30 Jun 2020 | $18.6K | Notice of Bankruptcy and First Meeting of Creditrs |
| Unsecured | TD Canada Trust Visa · in 17 casesAccount 4520 7100 3561 2719 — debtor: McDargh Consultancy Services Limited · as of 30 Jun 2020 | $8.05K | Notice of Bankruptcy and First Meeting of Creditrs |
| Unsecured | Wallace & Carey Inc. · in 5 casesdebtor: McDargh Consultancy Services Limited · as of 30 Jun 2020 | $1.9K | Notice of Bankruptcy and First Meeting of Creditrs |
| Unsecured | Northbridge Insurance · in 12 casesdebtor: McDargh Consultancy Services Limited · as of 30 Jun 2020 | $1.19K | Notice of Bankruptcy and First Meeting of Creditrs |
| Unsecured | Bell Canada F-88 - Business · in 64 casesdebtor: McDargh Consultancy Services Limited · as of 30 Jun 2020 | $900 | Notice of Bankruptcy and First Meeting of Creditrs |
As at 30 Jun 2020 · per Statement of Affairs (Business Bankruptcy), as stated and estimated by the officer · McDargh Consultancy Services Limited (single entity) — Secured creditors List "B" total is $0.00; Preferred creditors List "C" total is $0.00; Contingent/other liabilities List "D" total is $0.00; Deficiency of $385,796.00 stated.
| Date | Document | File |
|---|---|---|
| First Meeting of Creditors Minutes | ||
Trustee's Preliminary Report
| ||
Certificate of Appointment
| ||
Notice of Bankruptcy and First Meeting of Creditrs
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “McDargh Consultancy Services Limited” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/mcdargh-consultancy-services-limited