Shop MBoutique Ecomm Ltd.
Follow- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 31-2889551
Shop MBoutique Ecomm Ltd. has been in bankruptcy under the BIA in Ontario since November 30, 2022, with MNP Ltd. acting as Licensed Insolvency Trustee under estate no. 31-2889551. The Statement of Affairs, as at November 29, 2022, reports aggregate secured claims of $1,701,000, supported by PPSA registrations in favour of Norjan Ventures Inc., Jan Kaplan and Norma Caron, and TD Canada Trust identified on an August 6, 2022 search. Norjan Ventures Inc. ranks as senior secured creditor, has the benefit of an independent legal opinion confirming its security is valid and enforceable, and had appointed MNP as receiver and manager under that security. TD Canada Trust also holds a deposit against a credit card balance, with expected recovery of $85,000. The Statement of Affairs reports preferred claims of $90,395 and unsecured claims of $128,492, with nil contingent claims. As at December 14, 2022, no secured or preferred claims had been filed and proofs of claim from unsecured creditors totalled $51,616; the Trustee has not determined admissibility.
A claims procedure has been established — see the order for deadlines.
Second court officer report of the same date, recording the effective time as 10:25 on November 30, 2022.
Source: Certificate of Appointment
Court officer report filed at commencement, fixing November 30, 2022 as the date on which the proceeding took effect.
Source: Trustee's Preliminary Report
Debtor
Shop MBoutique Ecomm Ltd.
Trustee in bankruptcy
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Secured claims (aggregate per Statement of Affairs) · in 2 casesVarious PPSA registrations (Norjan Ventures Inc., Jan Kaplan and Norma Caron, TD Canada Trust) — As per SOA; nil claims filed as at December 14, 2022; Trustee has not determined admissibility — debtor: Shop MBoutique Ecomm Ltd. · as of 29 Nov 2022 | $1.7M | Trustee's Preliminary Report |
| 4 | Secured | Norjan Ventures Inc.as of PPSA search August 6, 2022 — PPSA security interest; senior secured creditor; independent legal opinion confirms security valid and enforceable — Appointed MNP as receiver and manager under its security; part of aggregate secured claims of $1,701,000 per SOA (component not broken out) — debtor: Shop MBoutique Ecomm Ltd. | — | Trustee's Preliminary Report |
| 4 | Secured | TD Canada Trust · in 55 casesas of PPSA search August 6, 2022 — PPSA security interest — Also holds deposit for credit card balance ($85,000 expected recovery); part of aggregate secured claims of $1,701,000 per SOA (component not broken out) — debtor: Shop MBoutique Ecomm Ltd. | — | Trustee's Preliminary Report |
| 4 | Secured | Jan Kaplan and Norma Caronas of PPSA search August 6, 2022 — PPSA security interest — Possibly related parties (individuals); part of aggregate secured claims of $1,701,000 per SOA (component not broken out) — debtor: Shop MBoutique Ecomm Ltd. | — | Trustee's Preliminary Report |
| 7 | Preferred (BIA s. 136) | Preferred claims (aggregate as reported in SOA) · in 12 casesPreferred claim class (ranks ahead of ordinary unsecured); nil claims filed as at December 14, 2022; document names no individual creditors — debtor: Shop MBoutique Ecomm Ltd. · as of 29 Nov 2022 | $90.4K | Trustee's Preliminary Report |
| 8 | Unsecured | Unsecured creditors (aggregate as reported in SOA) · in 532 casesProofs of claim filed as at December 14, 2022 totaled $51,616 (labelled as claims filed, distinct from SOA reported figure); document names no individual creditors; Trustee has not determined admissibility — debtor: Shop MBoutique Ecomm Ltd. · as of 29 Nov 2022 | $128K | Trustee's Preliminary Report |
| 8 | Unsecured | Contingent claims (aggregate as reported in SOA) · in 10 casesNil per SOA; nil claims filed as at December 14, 2022 — debtor: Shop MBoutique Ecomm Ltd. · as of 29 Nov 2022 | $0 | Trustee's Preliminary Report |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
| Date | Document | File |
|---|---|---|
Trustee's Preliminary Report
| ||
| Blank Proof of Claim and Proxy Forms | ||
| Conferencing Instructions for Attending First Meeting of Creditors | ||
| Creditor's Package | ||
| Instructions for Filing Proof of Claim | ||
Certificate of Appointment
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Shop MBoutique Ecomm Ltd.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/shop-mboutique