N Knotel Canada Holdings Inc.

Active

Proceeding: Bankruptcysection 49 of the Bankruptcy and Insolvency Act
File: 31-2996681

Filings held4

Last activity12 Oct 2023

On the record1,075 days

OverviewSummary updated 6 September 2026

N Knotel Canada Holdings Inc. entered bankruptcy in Ontario on October 12, 2023, under section 49 of the Bankruptcy and Insolvency Act, with Grant Thornton Limited appointed trustee. The company's Statement of Affairs, as at October 11, 2023, reported total assets of $1,759,032.00 against total liabilities of $2,450,003.00, a deficiency of $690,971.00. Crestpoint Real Estate Inc. is listed as a secured creditor for $1,700,000.00 secured against a line of credit, cash on hand and furniture, and separately as a preferred creditor for $750,000.00 for wages and rent. CRA, Newmark and Co. Real Estate Inc. and Rogers Communications Canada Inc. are listed among the unsecured creditors.

Claims processIf you are owed money

A claims procedure has been established — see the order for deadlines.

FormProof of claim.pdf

Proceedings AIAsk this case — answers cite the filings

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Case updates2 dated entries · 2 undated

12 Oct 2023

#Claims

A process for creditors to file claims against the estate was approved on October 12, 2023.

Source: Bankruptcy Package to Creditors.pdf

12 Oct 2023

#Report

A court officer's report recorded the bankruptcy as having occurred on October 12, 2023, at 10:19.

Source: Certificate of Appointment.pdf

Undated filings2 — no date appears on the document · show

2 filings carry no date on their face — subscribers.

Parties

Debtor

N Knotel Canada Holdings Inc.

Trustee in bankruptcy

Doane Grant Thornton

Capital structureAs asserted in the filings

Priority class	Creditor	Amount	Source
Secured	Crestpoint Real Estate Inc.Securities - Other - Line of Credit; also listed against Cash on Hand - Business Account - BMO and Furniture (estimated surplus from security $29,031.00 and $30,000.00 and $1.00 respectively, per Statement of Affairs List B) — Also listed as preferred creditor (List C) for $750,000.00 - see unsecured_creditors entry (preferred class); estimated surplus from security $59,032.00 total per List B — debtor: N Knotel Canada Holdings Inc. · as of 11 Oct 2023	$1.7M	Bankruptcy Package to Creditors.pdf

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

Documents4 filings

Date	Document	File
12 Oct 2023	Bankruptcy Package to Creditors.pdf Appointee Grant Thornton Limited Appointee role trustee Commencement date 12 October 2023 Court file no 31-2996681 + 4 more extracted facts	PDF · Subscribers

12 Oct 2023	Certificate of Appointment.pdf Appointee GRANT THORNTON LIMITED Appointee role trustee Commencement date 12 October 2023 Court file no 31-2996681 + 1 more extracted fact	PDF · Subscribers

—	Proof of claim.pdf	PDF · Subscribers

—	Proxy.pdf Appointee Grant Thornton Limited Appointee role Licensed Insolvency Trustee Court file no 31-2996681 Financial position Subscribers + 4 more extracted facts	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., “N Knotel Canada Holdings Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/n-knotel-canada-holdings-inc