Proceedings.

Simard Cardio Inc.

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Proceeding
BankruptcyLoi sur la faillite et l'insolvabilité
File
150-11-005863-246
Filings held3
Last activity3 Jul 2024
On the record874 days
OverviewSummary updated

Simard Cardio Inc. has been in bankruptcy under the Loi sur la faillite et l'insolvabilité since June 14, 2024, with MNP LTÉE acting as syndic and the matter carried in the Commercial Division of the Superior Court of Québec under file no. 150-11-005863-246. The estate's only listed asset is an advance to the shareholder, carried at $871,000 on the balance sheet, on which nothing has been realized to date; the shareholder has signed a section 1 proposal. The company reports no secured creditors. Unsecured claims are stated at $543,717 as declared on the balance sheet, against proofs of claim received to date of $382,921.47. The proceeding remains active.

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Case updates3 dated entries
Parties

Debtor

Simard Cardio Inc.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
UnsecuredAgence du revenu du Canada - Taxe (ARC / CRA) · in 2 casesCRA/ARC (GST/QST) - deemed trust class (ranks ahead of ordinary unsecured). Listed as 'ARC - Taxe - Quebec', Shawinigan-Sud National Verification and Collection Centre. Marked ESTIMEE (estimated). Acct 74376 2122 RC0001. — debtor: Simard Cardio Inc. · as of 13 Jun 2024$276KNotice of Bankruptcy and First Meeting of Creditors
Unsecured
Unsecured

2 more claims in 1 class The stack holds Unsecured claims.

Every creditor and every amount, drawn to scale.

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Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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Documents3 filings
DateDocumentFile
Trustee's Report on Preliminary Administration (French only)
  • Appointee MNP LTÉE
  • Appointee role syndic
  • Commencement date 14 June 2024
  • Court COUR SUPÉRIEURE « Chambre Commerciale »
  • + 6 more extracted facts
PDF · Subscribers
Notice of Bankruptcy and First Meeting of Creditors
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role Syndic autorisé en insolvabilité
  • Commencement date 14 June 2024
  • Court file no 150-11-005863-246
  • + 1 more extracted fact
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., “Simard Cardio Inc.” (Bankruptcy), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/simard-cardio-inc

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/simard-cardio-inc

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.