Proceedings.

N Knotel Canada Holdings Inc.

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Proceeding
Bankruptcysection 49 of the Bankruptcy and Insolvency Act
File
31-2996681
Filings held4
Last activity12 Oct 2023
On the record1,123 days
Secured debtSubscribers
OverviewSummary updated

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.

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Case updates2 dated entries · 2 undated
Undated filings2 — no date appears on the document · show
Parties

Debtor

N Knotel Canada Holdings Inc.

Trustee in bankruptcy

Doane Grant Thornton

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredCrestpoint 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$1.7MBankruptcy Package to Creditors.pdf
6Landlord preferred
8Unsecured
8Unsecured
8Unsecured

4 more claims in 2 classes The stack holds Secured, Landlord preferred and Unsecured claims.

Every creditor and every amount, drawn to scale.

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Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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Documents4 filings
DateDocumentFile
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
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.pdfPDF · 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 7 November 2026, https://proceedings.ca/case/n-knotel-canada-holdings-inc

Sources last checked · summary updated 6 September 2026 · Report a correction · Printed from proceedings.ca/case/n-knotel-canada-holdings-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.