Seletech Electrical Enterprises Ltd.
- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 25-3401227
- Industry
- Construction · Specialty trade contractors
Seletech Electrical Enterprises Ltd. made an assignment in bankruptcy on July 22, 2026 at 14:19 under section 49 of the Bankruptcy and Insolvency Act, in Alberta, under court file number 25-3401227. AlixPartners Restructuring, Inc. is acting as Licensed Insolvency Trustee, and the proceedings remain active. On the trustee's estimated net realizable value basis, drawn from the company's unaudited books and records as at the Bankruptcy Date, assets total $1,537,000, comprising property, plant and equipment of $690,000, accounts receivable of $536,000, inventory of $292,000 and cash of $19,000. Those estimates are preliminary and depend on the realization process, auction outcome and collection of receivables. Unsecured claims are reported at approximately $5.1 million, including a Canada Revenue Agency deemed trust claim of $1,923,431.55 for unpaid source deductions, subject to the trustee's review of its nature and priority.
Debtor
Seletech Electrical Enterprises Ltd.
Trustee in bankruptcy
AlixPartners
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency (Pacific Insolvency Intake Centre) · in 985 casesReported as secured against SOA asset lines 101/1301/1102/1101 (cash on hand, accounts receivable, inventory, machinery & equipment) — Crown claim; nature stated 'Corporate taxes'; deemed-trust / Crown-priority class. This single entry is the entire secured-creditor total on the SOA (1,923,431.55). Bifurcated claim (line item 33): the same creditor also carries $74,846.85 in the unsecured column, listed separately in unsecured_creditors. Date given/incurred 01-Jan-2026. · as of 22 Jul 2026 | $1.92M | Notice of Bankruptcy and First Meeting of Creditors |
| 7 | Preferred (BIA s. 136) | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
121 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Preferred (BIA s. 136) and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: not yet estimated.Trustee's Report on Preliminary Administration · 12 Aug 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | the Company's creditors | — | not yet estimated | per the trustee | Trustee's Report on Preliminary Administration · 12 Aug 2026 |
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.
As at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Trustee's Report on Preliminary Administration dated August 12, 2026
| PDF · Subscribers | |
Notice of Bankruptcy and First Meeting of Creditors
| PDF · Subscribers | |
Certificate of Appointment dated July 22, 2026
| PDF · Subscribers | |
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CiteProceedings., “Seletech Electrical Enterprises Ltd.” (Bankruptcy). Retrieved 5 November 2026, https://proceedings.ca/case/seletech-electrical-enterprises-ltd