Proceedings.

ODS Medical Inc.

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Closed
Proceeding
BankruptcyArticle 49 de la Loi et Règle 85
Court
Superior Court of Québec
File
500-11-063336-230
Filings held4
Last activity10 Mar 2026
On the record921 days
Secured debt$2.26M
OverviewSummary updated

ODS Medical Inc. is the subject of a bankruptcy proceeding under the Bankruptcy and Insolvency Act before the Superior Court of Québec, filed as court file no. 500-11-063336-230. The proceeding commenced on March 10, 2026, the same day the Court granted an interim order. The record before the Court is closed, and no further steps are recorded on the file. The typed record identifies no other orders, reports or hearing dates in the matter.

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Case updates4 dated entries
Parties

Debtor

ODS Medical Inc.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · 3 named without a figure
#Priority classCreditorAmountSource
4SecuredBanque de développement du Canada (BDC) · in 151 casesas declared in debtor's books/balance sheet — Hypothèque conventionnelle sans dépossession — Claim as declared in Section E/F (proof-of-claim/books figure); $853,280 received to date per Section E — debtor: ODS Medical Inc.$2.26MTrustee's Report on Preliminary Administration (French Only)
4SecuredBanque Royale du Canada (RBC) · in 74 casesas declared in debtor's books/balance sheet — Hypothèque conventionnelle sans dépossession — Registered secured creditor with hypothec but nil claim stated in Section F — debtor: ODS Medical Inc.$0Trustee's Report on Preliminary Administration (French Only)
6Landlord preferredemployees · in 185 casesAggregate employee claims listed as ordinary unsecured; List 'C' (Preferred Creditors for Wages, Rent, etc.) shows $0.00 total, so no portion is claimed as preferred. — debtor: ODS Medical Inc. · as of 13 Mar 2024$651KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredINTUITIVE SURGICAL OPERATIONS, INC. · in 2 casesU.S.-based creditor; amount as stated in the (CAD-denominated) Statement of Affairs — debtor: ODS Medical Inc. · as of 13 Mar 2024$2.96MNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredBusiness Development Bank of Canada - Québec · in 13 casesBifurcated secured/unsecured claim: this is the 'Balance of claim' portion of BDC's total $2,261,700.00 claim exceeding the $653,280.98 estimated value of security (see secured creditor entry). — debtor: ODS Medical Inc. · as of 13 Mar 2024$1.61MNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredSGInnovates · in 2 casesdebtor: ODS Medical Inc. · as of 13 Mar 2024$801KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredR Howard Webster Foundation · in 2 casesdebtor: ODS Medical Inc. · as of 13 Mar 2024$329KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredConsortium MEDTEQ · in 2 casesdebtor: ODS Medical Inc. · as of 13 Mar 2024$304KNotice of Bankruptcy and First Meeting of Creditors
8Unsecured4494946 Canada Inc. · in 2 casesdebtor: ODS Medical Inc. · as of 13 Mar 2024$91.2KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredMount Sinai Health System · in 2 casesdebtor: ODS Medical Inc. · as of 13 Mar 2024$84.1KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredStanark Investments · in 2 casesdebtor: ODS Medical Inc. · as of 13 Mar 2024$60.8KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredShayan Bhattacharyya · in 2 casesIndividual creditor named in the list — debtor: ODS Medical Inc. · as of 13 Mar 2024$54.2KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredDentons Canada LLP · in 30 casesdebtor: ODS Medical Inc. · as of 13 Mar 2024$40.8KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredNational Bank of Canada (Proposals) c/o FCT Default Solutions · in 87 casesAddress field references 'CEBA' - possibly a Canada Emergency Business Account facility claim — debtor: ODS Medical Inc. · as of 13 Mar 2024$40KNotice of Bankruptcy and First Meeting of Creditors
8Unsecured9183-5462 Quebeec Incdebtor: ODS Medical Inc. · as of 13 Mar 2024$30.4KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredPlaza 55Landlord (address noted as Loyer) — debtor: ODS Medical Inc. · as of 13 Mar 2024$28KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredEY · in 6 casesdebtor: ODS Medical Inc. · as of 13 Mar 2024$27.4KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredMcGill University · in 3 casesdebtor: ODS Medical Inc. · as of 13 Mar 2024$21.9KNotice of Bankruptcy and First Meeting of Creditors
8Unsecured9069-3284 Quebec Inc · in 2 casesdebtor: ODS Medical Inc. · as of 13 Mar 2024$18.1KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredGreenlight Guru · in 4 casesdebtor: ODS Medical Inc. · as of 13 Mar 2024$13.7KNotice of Bankruptcy and First Meeting of Creditors
8Unsecured9001-2881 Quebec Inc · in 2 casesdebtor: ODS Medical Inc. · as of 13 Mar 2024$12.2KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredMITACS · in 3 casesdebtor: ODS Medical Inc. · as of 13 Mar 2024$7.5KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredMH2 Technology Law Group LLP · in 2 casesdebtor: ODS Medical Inc. · as of 13 Mar 2024$6.69KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredStarship Freight · in 2 casesdebtor: ODS Medical Inc. · as of 13 Mar 2024$6.59KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredGalileo Partners Lawyers Inc. · in 3 casesdebtor: ODS Medical Inc. · as of 13 Mar 2024$6.42KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredBoothworks · in 2 casesdebtor: ODS Medical Inc. · as of 13 Mar 2024$3.11KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredClinical Research Unit (Sentry System-1000)debtor: ODS Medical Inc. · as of 13 Mar 2024$3.08KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredJudy Rubin · in 2 casesIndividual creditor named in the list — debtor: ODS Medical Inc. · as of 13 Mar 2024$2.71KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredUnited Corporate Services Inc · in 2 casesdebtor: ODS Medical Inc. · as of 13 Mar 2024$2.56KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredEmmanuel Mavroudis · in 2 casesIndividual creditor named in the list — debtor: ODS Medical Inc. · as of 13 Mar 2024$1.6KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredSchulz Junghans · in 2 casesdebtor: ODS Medical Inc. · as of 13 Mar 2024$1.24KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredOperatic Agency · in 2 casesdebtor: ODS Medical Inc. · as of 13 Mar 2024$1.02KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredIntertek · in 7 casesdebtor: ODS Medical Inc. · as of 13 Mar 2024$824Notice of Bankruptcy and First Meeting of Creditors
8Unsecured(169300 Canada Inc.) Medical Device Consultantsdebtor: ODS Medical Inc. · as of 13 Mar 2024$822Notice of Bankruptcy and First Meeting of Creditors
8UnsecuredFedEx Freight · in 27 casesdebtor: ODS Medical Inc. · as of 13 Mar 2024$797Notice of Bankruptcy and First Meeting of Creditors
8UnsecuredCorporate Immigration Law Firmdebtor: ODS Medical Inc. · as of 13 Mar 2024$630Notice of Bankruptcy and First Meeting of Creditors
8UnsecuredDenise Boivin · in 2 casesIndividual creditor named in the list — debtor: ODS Medical Inc. · as of 13 Mar 2024$575Notice of Bankruptcy and First Meeting of Creditors
8UnsecuredAir D.E. · in 3 casesdebtor: ODS Medical Inc. · as of 13 Mar 2024$500Notice of Bankruptcy and First Meeting of Creditors
8UnsecuredRBC Royal Bank · in 52 casesdebtor: ODS Medical Inc. · as of 13 Mar 2024$1Notice of Bankruptcy and First Meeting of Creditors
8UnsecuredARC - Taxe - Québec · in 168 casesListed with $0.00 total claim as at statement date — debtor: ODS Medical Inc. · as of 13 Mar 2024$0Notice of Bankruptcy and First Meeting of Creditors
8UnsecuredAgence du revenu du Québec · in 272 casesListed with $0.00 total claim as at statement date — debtor: ODS Medical Inc. · as of 13 Mar 2024$0Notice of Bankruptcy and First Meeting of Creditors
RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Estate financialsReported figures — never derived
Total assets at filing$653K
Total liabilities at filing$7.88M

As at 13 Mar 2024 · per Statement of Affairs (Form 78) as stated and estimated by the officer (Christopher Kent), sworn March 13, 2024 · ODS Medical Inc. (single entity, non-consolidated) — Total unsecured creditors $7,227,385.14 (List A $5,618,966.12 + balance of secured claims $1,608,419.02); secured creditors $653,280.98 (List B); preferred creditors $0.00 (List C); contingent/other liabilities $0.00 (List D). Surplus recorded as 'NIL'; deficiency of $7,227,385.14 stated.

Documents4 filings
DateDocumentFile
Court Order for the Trustee's Discharge (French only)
  • Commencement date 10 March 2026
  • Court COUR SUPÉRIEURE
  • Court file no 500-11-063336-230
  • Province QUÉBEC
PDF
Trustee's Report on Preliminary Administration (French Only)
  • Financial position Assets $653K · Liabilities $7.88M · per Valeur déclarée au bilan (declared book value) for assets; réclamations prouvables telles que déclarées au bilan for liabilities; trustee also reports 'valeur réalisée à jour' of $420,201 in assets and $3,698,383 received to date on claims · entity - ODS Medical Inc. — Assets are all charged in favour of secured creditors (Note 1, Section B). Liabilities split: secured $2,261,700, unsecured/ordinary $5,618,966, total $7,880,666, per debtor's books and records as declared.
  • Secured creditors $0 · Note: Registered secured creditor with hypothec but nil claim stated in Section F · Page: 3 · As of: as declared in debtor's books/balance sheet · Debtor: ODS Medical Inc. · Creditor: Banque Royale du Canada (RBC) · Security: Hypothèque conventionnelle sans dépossession
PDF
Notice of Bankruptcy and First Meeting of Creditors
  • Financial position Assets $653K · Liabilities $7.88M · as at 13 Mar 2024 · per Statement of Affairs (Form 78) as stated and estimated by the officer (Christopher Kent), sworn March 13, 2024 · ODS Medical Inc. (single entity, non-consolidated) — Total unsecured creditors $7,227,385.14 (List A $5,618,966.12 + balance of secured claims $1,608,419.02); secured creditors $653,280.98 (List B); preferred creditors $0.00 (List C); contingent/other liabilities $0.00 (List D). Surplus recorded as 'NIL'; deficiency of $7,227,385.14 stated.
  • Secured creditors $653K · Note: Bifurcated claim per Statement of Affairs List 'B': total 'Amount of claim' stated as $2,261,700.00; amount shown here is the estimated value of security (secured portion). Balance of claim of $1,608,419.02 (claim in excess of security value) is treated as unsecured and included in List 'A' unsecured creditors (see unsecured entry for same creditor). · Page: 5 · As of: 2024-03-13 · Debtor: ODS Medical Inc. · Creditor: Business Development Bank of Canada - Québec · Security: Debts Due - Business - SR&D Credit 2023 (estimated value $619,744.00); Cash on Hand - Cash in bank, account 02941-1011287, RBC (estimated value $33,536.98)
  • Unsecured creditors $0 · Note: Listed with $0.00 total claim as at statement date · Page: 3 · As of: 2024-03-13 · Basis: Statement of Affairs (Form 78), List 'A' - Unsecured Creditors, as stated and estimated by the officer · Debtor: ODS Medical Inc. · Creditor: ARC - Taxe - Québec
PDF
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role Syndic autorisé en insolvabilité
  • Commencement date 14 March 2024
  • Court file no 500-11-063336-230
  • + 1 more extracted fact
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “ODS Medical Inc.” (Bankruptcy), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/ods-medical-inc-bk

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Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/ods-medical-inc-bk

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.