Court officer report fixed the commencement of the proceedings at 09:12 on January 27, 2023, setting the effective time for the estate.
Source: Certificate of Appointment
NISurplus Inc. has been in bankruptcy in Ontario since January 27, 2023, with MNP Ltd. acting as Licensed Insolvency Trustee under section 67(b) of the Bankruptcy and Insolvency Act. The estate is administered under court file numbers 32-2905338 and 35-2905338 and remains active. The Statement of Affairs reports unsecured creditors in the aggregate amount of $162,117, and proven claims to date stand at nil. No secured creditors are registered against the company on the Ontario Personal Property Security Registry; Loop Funding Inc. holds a general security interest registered on the Alberta Personal Property Registry and has not yet filed a proof of claim.
Court officer report fixed the commencement of the proceedings at 09:12 on January 27, 2023, setting the effective time for the estate.
Source: Certificate of Appointment
Second court officer report recorded that NISurplus made an assignment on January 27, 2023, the same date the proceedings commenced.
Source: Preliminary Report of Trustee
Debtor
NISurplus Inc
Trustee in bankruptcy
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Loop Funding Inc. · in 2 casesGeneral security interest registered on the Alberta Personal Property Registry — No registered secured creditors on the Ontario PPSA Registry; Loop Funding Inc. has not yet filed a proof of claim — debtor: NISurplus Inc. | — | Preliminary Report of Trustee |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
| Date | Document | File |
|---|---|---|
Preliminary Report of Trustee
| 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., “NISurplus Inc” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/nisurplus-inc
Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/nisurplus-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.