Nudestix Inc.
Follow- Proceeding
- BankruptcySection 49 of the Act; Rule 85
- File
- 31-3401652
Nudestix Inc. became the subject of a bankruptcy proceeding under the Bankruptcy and Insolvency Act on July 23, 2026, under court file number 31-3401652. The proceeding is active. The only document recorded on the file to date is a court officer's report filed on the commencement date itself, timed at 14:04. The record identifies no court, judicial centre or province for the file, sets out no stage of administration, and notes no recognition of the proceeding in any other jurisdiction. Nothing further has been entered since commencement.
7 earlier updates, back to 23 July 2026 — subscribers.
Case update
Nudestix: the old company, the Vaughan lease and the sole inspector
Nudestix Inc. sold substantially all its assets to a U.S.-based buyer in August 2025 and assigned into bankruptcy on July 22, 2026, stating $23,330 of assets against $7,206,889.25 of liabilities; on September 14 Justice Jana Steele set down a half-day motion for October 16 on which MNP Ltd., as trustee, seeks advice and directions on disclaiming a commercial lease and revoking the appointment of the estate's sole inspector.
Debtor
Nudestix Inc.
Trustee in bankruptcy
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Jenny Frankel and Lorne Frankel (the “Shareholders”)general security agreement dated August 22, 2025; a search of the Ontario PPSA registry against the Company “did not identify any registrations” — RELATED PARTY — the Report identifies them as the Company's shareholders. SECURITY NOT CONFIRMED: the Trustee describes an “apparent security interest” and is “investigating whether any estate cash may be subject to a security interest, beneficial ownership claim, or other third-party entitlement”. NIL FILED: the Report's claims table shows secured claims as filed of Nil against the $23,330 stated in the SOA. SUBORDINATED: subject to confirmation th · as of 23 Jul 2026 | $23.3K | Trustee's Preliminary Report |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Endorsement of Justice Jana Steele
| PDF · Subscribers | |
| Responding Aide Memoire of Nudestix Canada ULC | PDF · Subscribers | |
| Aide Memoire of the Trustee | PDF · Subscribers | |
Minutes of the FMOC
| PDF · Subscribers | |
Trustee's Preliminary Report
| PDF · Subscribers | |
| Affidavit of E-mailing - Notice to Creditors | PDF · Subscribers | |
| Affidavit of Mailing - Notice to Creditors | PDF · Subscribers | |
Notice to Creditors
| PDF · Subscribers | |
Newspaper Ad
| 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., “Nudestix Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/nudestix-inc