Sekwod Enterprises (2012) Ltd
Follow- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 11-3023835
Sekwod Enterprises (2012) Ltd. has been in bankruptcy under the Bankruptcy and Insolvency Act since December 20, 2023, with MNP Ltd. acting as Licensed Insolvency Trustee under Supreme Court of British Columbia file no. 11-3023835. The estate's principal claim is that of Bank of Montreal, estimated on the Statement of Affairs at $3,790,478.58, secured by general collateral over all present and after-acquired personal property of Sekwod and all proceeds derived from dealings involving the company. BMO has not filed a proof of claim to date and has guaranteed the Trustee's fees. Two unsecured creditors received notice of the bankruptcy; no proofs of claim had been filed as of the date of the Trustee's report, and any distribution will depend on claims filed and admitted. The proceeding remains active.
MNP Ltd. reported to the court on the estate, setting out the Statement of Affairs figures: BMO's estimated $3,790,478.58 secured claim, its general collateral security, and two noticed unsecured creditors with no proofs of claim filed.
Debtor
Sekwod Enterprises (2012) Ltd
Trustee in bankruptcy
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Bank of Montreal (BMO) · in 279 casesas of Statement of Affairs — General collateral against all present and after-acquired personal property of Sekwod and all proceeds derived from dealings involving Sekwod — Estimated amount as reported on Statement of Affairs; no proof of claim received from BMO to date; BMO has guaranteed the fees of the Trustee — debtor: Sekwod Enterprises (2012) Ltd. | $3.79M | Trustee's Preliminary Report to Creditors |
| 8 | Unsecured | Unsecured creditors (aggregate as reported) · in 532 casesas of Statement of Affairs — Statement of Affairs reports two unsecured creditors who received notice of the bankruptcy; document names no individual creditors; no proofs of claim filed as of date of report; amounts ultimately depend on proofs of claim filed and admitted by Trustee — debtor: Sekwod Enterprises (2012) Ltd. | $2 | Trustee's Preliminary Report to Creditors |
| Date | Document | File |
|---|---|---|
Trustee's Preliminary Report to Creditors
| ||
Certificate of Appointment
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Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Sekwod Enterprises (2012) Ltd” (Bankruptcy), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/sekwod-enterprises-2012-ltd