Nanak Restaurants Ltd.
Follow- Proceeding
- BankruptcySubsection 102(1) of the Act
- File
- 31-2862960
Nanak Restaurants Ltd. is the subject of insolvency proceedings of an unspecified type. A Statement of Affairs as at September 6, 2022, estimated by officer Prit Kamal Ahluwalia, reported total assets of $0.00 against total liabilities of $325,733.43, leaving a stated deficiency of $325,733.43. No secured, preferred, or contingent/trust claims were listed. Unsecured claims reported include CRA (Ontario) amounts of $12,648.42 and $17,148.57, a claim of $230,801.44 held by Gowling WLG (Canada) LLP on behalf of CIBC recovery services, and CIBC Bankruptcies claims of $5,135.00 and $60,000.00.
A claims procedure has been established — see the order for deadlines.
Debtor
Nanak Restaurants Ltd.
Trustee in bankruptcy
Schwartz Levitsky Feldman Inc.
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Gowling WLG (Canada) LLP (Attn: Recovery Services, CIBC) · in 33 casesdebtor: Nanak Restaurants Ltd. · as of 6 Sep 2022 | $231K | Notice to Creditors |
| Unsecured | CIBC Bankruptcies c/o TECHCOM Managed Services (01002008100853) · in 12 casesdebtor: Nanak Restaurants Ltd. · as of 6 Sep 2022 | $60K | Notice to Creditors |
| Unsecured | CRA - Tax - Ontario (881668727RP0001) · in 252 casesDeemed trust / CRA claim class — debtor: Nanak Restaurants Ltd. · as of 6 Sep 2022 | $17.1K | Notice to Creditors |
| Unsecured | CRA - Tax - Ontario (881668727RT0001) · in 252 casesDeemed trust / CRA claim class — debtor: Nanak Restaurants Ltd. · as of 6 Sep 2022 | $12.6K | Notice to Creditors |
| Unsecured | CIBC Bankruptcies c/o TECHCOM Managed Services (01002006446558) · in 12 casesdebtor: Nanak Restaurants Ltd. · as of 6 Sep 2022 | $5.13K | Notice to Creditors |
As at 6 Sep 2022 · per Statement of Affairs as stated and estimated by the officer (Prit Kamal Ahluwalia) · Nanak Restaurants Ltd. (single entity) — Secured creditors as per List B: total claim 0.00 (none listed). Preferred creditors (List C) and contingent/trust claims (List D) also 0.00. Deficiency stated as $325,733.43.
| Date | Document | File |
|---|---|---|
Notice to Creditors
| ||
Proof of Claim and Proxy
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Nanak Restaurants Ltd.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/nanak-restaurants-ltd