Sensus Communications Solutions Inc.
- 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.
Debtor
Sensus Communications Solutions Inc.
Trustee in bankruptcy
Crowe MacKay
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | 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 |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 5 | PMSI / lessors | |||
| 5 | PMSI / lessors | |||
| 6 | Landlord preferred | |||
| 6 | Landlord preferred | |||
| 6 | Landlord preferred |
113 more claims in 5 classes The stack holds Secured, PMSI / lessors, Landlord preferred, Preferred (BIA s. 136) and Unsecured claims.
Every creditor and every amount, drawn to scale.
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The 2 totals the debtor stated at filing
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See all plans| Date | Document | File |
|---|---|---|
Certificate of Filing
| PDF · Subscribers | |
Notice of Bankruptcy
| PDF · Subscribers | |
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CiteProceedings., “Sensus Communications Solutions Inc.” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/sensus-communications-solutions-inc