Nathar Limited
- Proceeding
- NOIBankruptcy and Insolvency Act, R.S.C. 1985, c.B-3
- File
- 33-1884686
- Industry
- Retail · Apparel, footwear & jewellery retail
Nathar Limited filed a notice of intention under the Bankruptcy and Insolvency Act on 24 June 2014, in the Ontario Superior Court of Justice in Bankruptcy and Insolvency (court file 33-1884686), with Richter Advisory Group Inc. as trustee. Its unsecured creditors include Siga International at $30,297.99, Jack Victor Limited at $26,202.94, Tommy Bahama Canada at $17,075.51, and Canada Goose at $16,792.97. The proceeding remains active.
The officer filed a report. The Debtor continued liquidating slow-moving and excess inventory, identified additional underperforming stores for closure, and has been paying suppliers and employees on a timely basis while pursuing a restructuring plan.
Motion to extend the delay for the filing of a proposal – dated September 4, 2014 — Application / notice of application
The officer filed a report. The debtor continued its restructuring plan, closing additional stores, renegotiating leases, liquidating excess inventory, and seeking new investors/financiers, while paying suppliers and employees on a timely basis post-filing.
An application was filed in the proceeding on 17 July 2014.
Source: Motion to extend the delay for the filing of a proposal – dated July 17, 2014
The officer filed a report. The debtor group continues to operate its 21 retail stores while implementing a restructuring plan involving closure of underperforming stores, lease renegotiations, liquidation of excess inventory, and cost reductions; suppliers and employees are being paid on time and actual results have been favorable compared to projections.
Notice to Creditors of Intention to make a Proposal – dated July 2, 2014 — Notice to creditors
The company filed a notice of intention under the Bankruptcy and Insolvency Act on 24 June 2014.
Source: Certificate of filing of a Notice of intention to make a proposal – dated June 24, 2014
Undated filings1 — no date appears on the document · show
Motion to extend the delay for the filing of a proposal – dated october 21, 2014 — Application filed
Debtor
Nathar Limited
Proposal trustee
Richter
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Kershman | Ontario Superior Court of Justice | 2 orders, Jul 2014 – Oct 2014 | 19 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantNathar Limited | Davies Ward Phillips & Vineberg LLP | 8 Sep 2014 | Order · 23 Oct 2014 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | SIGA INTERNATIONAL · in 2 casesas of NOI filing date — debtor: Nathar Limited | $30.3K | Notice to Creditors of Intention to make a Proposal – dated July 2, 2014 |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
94 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansRoyal Bank of Canada: paid in full.EstimatedMotion to extend the delay for the filing of a proposal · 17 Oct 2014
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | Royal Bank of Canada | paid in full | Estimatedper the debtor | Motion to extend the delay for the filing of a proposal · 17 Oct 2014 |
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.
1 blurred figure above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Consolidation Order – dated October 27, 2014
| PDF · Subscribers | |
Order extending the time for filing the proposal to November 7, 2014 – dated October 23, 2014
| PDF · Subscribers | |
Trustee’s Report on the state of the insolvent person’s business and financial affairs – dated October 17, 2014
| PDF · Subscribers | |
Order extending the time for filing the proposal to October 23, 2014 – dated September 8, 2014
| PDF · Subscribers | |
Motion to extend the delay for the filing of a proposal – dated September 4, 2014
| PDF · Subscribers | |
Trustee’s report on the state of the insolvent person’s business and financial affairs – dated September 2, 2014
| PDF · Subscribers | |
Order extending the time for filing the proposal to September 8, 2014 – dated July 22, 2014
| PDF · Subscribers | |
Motion to extend the delay for the filing of a proposal – dated July 17, 2014
| PDF · Subscribers | |
Trustee’s Report on the state of the insolvent person’s business and financial affairs – dated July 16, 2014
| PDF · Subscribers | |
Notice to Creditors of Intention to make a Proposal – dated July 2, 2014
| PDF · Subscribers | |
Certificate of filing of a Notice of intention to make a proposal – dated June 24, 2014
| PDF · Subscribers | |
Motion to extend the delay for the filing of a proposal – dated october 21, 2014
| 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., “Nathar Limited” (NOI), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/nathar-limited