SGD Restaurant Inc.
Follow- Proceeding
- BankruptcySubsection 102(1) of the Act
- File
- 35-3065545
SGD Restaurant Inc. made an assignment in bankruptcy on April 9, 2024 under the Bankruptcy and Insolvency Act, with Crowe Soberman Inc. as licensed insolvency trustee of the estate in Ontario. The statement of affairs, as stated and estimated by the officer as at April 8, 2024, records no assets against liabilities of $557,601.57 and a deficiency of $557,601.57; the secured, preferred and contingent lists all total $0.00, leaving the debt entirely unsecured. The largest claims are three Canada Revenue Agency accounts at $248,487.60, $147,671.92 and $60,000.00, followed by the Business Development Bank of Canada at $49,800.00 and Sysco Southwestern Ontario at $23,468.46.
Crowe Soberman Inc.'s filing recorded SGD Restaurant Inc.'s assignment in bankruptcy on April 9, 2024 and its own appointment as trustee of the estate.
Source: Preliminary Report to the First Meeting of Creditors
Debtor
SGD Restaurant Inc.
Trustee in bankruptcy
Crowe Soberman
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | CRA - Tax - Ontario (84494 1161 RT0001) · in 252 casesdeemed trust / CRA claim — debtor: SGD Restaurant Inc. · as of 8 Apr 2024 | $248K | Notice of Bankruptcy |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Preliminary Report to the First Meeting of Creditors
| 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., “SGD Restaurant Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/sgd-restaurant-inc