Megaocean International Group Inc.
- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 31-3040683
Megaocean International Group Inc. filed an assignment in bankruptcy on February 8, 2024, commencing proceedings under the Bankruptcy and Insolvency Act in Ontario under estate file no. 31-3040683. The Office of the Superintendent of Bankruptcy issued a Certificate of Appointment the same day naming MNP Ltd. as Licensed Insolvency Trustee. A PPSA search against the company's current and former name disclosed no registered secured creditors, and the Statement of Affairs reported no secured or preferred claims. Unsecured claims are reported at $60,000, and claims filed to February 27, 2024 total the same amount, TD Bank having submitted the sole proof of claim received to that date. The trustee has recovered $1,207.93 in bank funds from TD Bank. The estate remains active.
A claims procedure has been established — see the order for deadlines.
Certificate of Appointment was filed. Court file 31-3040683.
Source: Certificate of Appointment
Debtor
Megaocean International Group Inc.
Trustee in bankruptcy
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Unsecured creditors (aggregate as reported) · in 563 casesDocument names no individual unsecured creditors except TD Bank, which filed the sole proof of claim received to date; document states no secured or preferred claims (Nil). — debtor: Megaocean International Group Inc. · as of 27 Feb 2024 | $60K | Trustee's Preliminary Report to Creditors |
Unsecured creditors: no distribution.EstimatedTrustee's Preliminary Report to Creditors · 27 Feb 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distribution | Estimatedper the trustee | Trustee's Preliminary Report to Creditors · 27 Feb 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.
| Date | Document | File |
|---|---|---|
Trustee's Preliminary Report to Creditors
| PDF · Subscribers | |
Creditor's Package for filing the Proof of claim
| PDF · Subscribers | |
Certificate of Appointment
| 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., “Megaocean International Group Inc.” (Bankruptcy). Retrieved 6 November 2026, https://proceedings.ca/case/megaocean-international-group-inc