Proceedings.

SEC Industriel Léger

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Proceeding
Bankruptcysection 49 of the Bankruptcy and Insolvency Act
File
450-11-000012-215
Filings held3
Last activity26 Jul 2022
On the record1,584 days
Secured debtSubscribers
OverviewSummary updated

SEC Industriel Léger is in bankruptcy under section 49 of the Bankruptcy and Insolvency Act before the Superior Court of Québec, court file 450-11-000012-215, commenced March 26, 2021, with MNP Ltd. as trustee. The proceeding remains active. A Statement of Affairs (Form 78) as at July 4, 2022 puts total assets at $10,056,811.96 against total liabilities of $20,632,426.53, a reported deficiency of $10,575,614.57. FWCU Capital Corp. holds the largest secured claim at $12,446,167.00 against land and building security given July 7, 2016, valued at $4,456,811.96 and leaving an unsecured balance of $7,989,355.04. Further security is held by 9286-2929 Québec inc. for $4,300,000.00 and Consolidated Capital G.P. for $1,300,000.00. BMO Banque de Montréal is listed as unsecured for $2,500,000.00.

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Case updates3 dated entries
Parties

Debtor

SEC Industriel Léger

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredFWCU Capital Corp. · in 5 casesReal Property or Immovable - Building and Land, given 07-Jul-2016 — Statement of Affairs (Form 78), List B; estimated value of security $4,456,811.96, leaving unsecured deficiency balance of $7,989,355.04 reported also in List A unsecured creditors — debtor: Société en commandite Industriel-Léger · as of 4 Jul 2022$12.4MNotice of Bankruptcy and First meeting of Creditors
4Secured
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

31 more claims in 2 classes The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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RecoveriesAs stated in the filings

Unsecured creditors: no distribution. BMO - Banque de Montréal short.EstimatedTrustee's Report on her preliminary administration · 26 Jul 2022

ClassCreditorClaimsRecoveryBasisSource
Unsecured——no distributionEstimatedper the trusteeTrustee's Report on her preliminary administration · 26 Jul 2022
UnsecuredBMO - Banque de Montréal—short by Estimatedper the trusteeTrustee's Report on her preliminary administration · 26 Jul 2022

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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Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

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

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Documents3 filings
DateDocumentFile
Trustee's Report on her preliminary administration
  • Appointee MNP Ltd.
  • Appointee role Trustee
  • Commencement date 26 March 2021
  • Court SUPERIOR COURT
  • + 5 more extracted facts
PDF · Subscribers
Notice of Bankruptcy and First meeting of Creditors
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee
  • Commencement date 5 July 2022
  • Court file no 450-11-000012-215
  • + 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., “SEC Industriel Léger” (Bankruptcy), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/sec-industriel-leger-bk

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/sec-industriel-leger-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.