Sensus Communications Solutions Inc.
Follow- Proceeding
- BankruptcySubsection 102(1) of the Act
- File
- 11-3088395
Sensus Communications Solutions Inc. became bankrupt on June 4, 2024 under section 49 of the Bankruptcy and Insolvency Act, with Crowe Mackay & Company Ltd. as licensed insolvency trustee under file number 11-3088395 in British Columbia. The statement of affairs, as stated and estimated by Michael Williams as at June 3, 2024, shows assets of $968,028.14 against liabilities of $3,587,511.55 and a reported deficiency of $2,619,483.41, made up of $2,598,412.13 unsecured, $968,028.14 secured and $21,071.28 preferred. Canadian Imperial Bank of Commerce, through 1327480 B.C. Ltd., holds the principal secured claim of $1,475,000.00 over receivables, cash, inventory, fixed assets and vehicles. GN Audio USA Inc. is the largest trade creditor at US$827,831.05.
Crowe Mackay & Company Ltd. reported the bankruptcy of Sensus Communications Solutions Inc. as taking effect at 10:03 on June 4, 2024.
Source: Certificate of Filing
Debtor
Sensus Communications Solutions Inc.
Trustee in bankruptcy
Crowe MacKay
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Canadian Imperial Bank of Commerce via 1327480 B.C. Ltd.Debts Due - Business Trade AR (CDN/USD), Cash on Hand - CIBC, Debts Due - Income Tax Reoverable, Other - Fixed assets/Inventory/Vehicles; amount of claim listed as $1,475,000.00 with balance of claim $506,976.86 — Amount of claim shown as $1,475,000.00 but balance of claim (net of security value) is $506,976.86; balance of claim used as amount — debtor: Sensus Communication Solutions Inc. · as of 3 Jun 2024 | $507K | Notice of Bankruptcy |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Certificate of Filing
| PDF · Subscribers | |
Notice of Bankruptcy
| 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., “Sensus Communications Solutions Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/sensus-communications-solutions-inc