Proceedings.

On Track Door Systems Canada Inc

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Proceeding
ProposalSection 50(5) of the Bankruptcy and Insolvency Act
File
35-2526785
Filings held6
Last activity8 Aug 2019
On the record2,691 days
OverviewSummary updated

On Track Door Systems Canada Inc. remains in active Division I proposal proceedings in Ontario, commenced 24 June 2019 under section 50(5) of the Bankruptcy and Insolvency Act, with MNP Ltd. acting as trustee under file no. 35-2526785. The company's statement of affairs and Form 92 list of creditors report RBC Royal Bank facilities of $264,000 on truck and equipment finance, $90,000 on a line of credit and $65,000 on a Visa account. Unsecured claims include $166,311.08 owing to ODCC, Corp. Kinnear, $127,784.02 to CHI Overhead Doors, Canada Revenue Agency claims of $114,439.18 and $68,480.60, $100,000 to Lisa McPherson, $49,167.91 to LiftMaster and $48,566.07 to Air Liquide Canada Inc., alongside $40,000 in customer deposits and $1,000 owing to employees.

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Case updates6 dated entries
Parties

Debtor

On Track Door Systems Canada Inc

Proposal trustee

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)CRA - Tax - Ontario (Account 803579755 RP0001, J. Langille - Collection Officer) · in 259 casesas of Statement of Affairs / List of Creditors as reported — Deemed trust / CRA quasi-governmental claim — debtor: On Track Door Systems Canada Inc.$114KNotice of Proposal to Creditors
4Secured
4Secured
4Secured
7Preferred (BIA s. 136)
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

31 more claims in 3 classes The stack holds Deemed trusts (CRA and other), Secured, Preferred (BIA s. 136) and Unsecured claims.

Every creditor and every amount, drawn to scale.

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RecoveriesAs stated in the filings

Unsecured creditors: a distribution.Under the planTrustee's Report to the Creditors · 24 Jul 2019

ClassCreditorClaimsRecoveryBasisSource
Unsecured—listedof proven claimsUnder the planper the proposal trusteeTrustee's Report to the Creditors · 24 Jul 2019

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.

3 blurred figures above

The claims and what each class or creditor recovers — each as the filing states it, with its source.

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Estate financialsReported figures — never derived
Total liabilities at filing

As at ·

The total the debtor stated at filing

Each one as the filing states it, with its source.

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Documents6 filings
DateDocumentFile
Notice of the Reconvened Meeting
PDF · Subscribers
Notice of Proposal to Creditors
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Trustee's Report to the Creditors
  • Appointee MNP Ltd.
  • Appointee role Trustee
  • Commencement date 24 June 2019
  • Court file no 35-2526785
  • + 5 more extracted facts
PDF · Subscribers
Certificate of Filing of a ProposalPDF · Subscribers
Notice to Creditors of Intention to make a Proposal
  • Commencement date 24 June 2019
  • Court file no 35-2526785
  • Province Ontario
  • Financial position Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Certificate for the Notice of Intention to make a Proposal
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 24 June 2019
  • Court file no 35-2526785
  • + 1 more extracted fact
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., “On Track Door Systems Canada Inc” (Proposal). Retrieved 4 November 2026, https://proceedings.ca/case/on-track-door-systems-canada-inc

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/on-track-door-systems-canada-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.