Sinorama Holidays
Follow- Proceeding
- NOIsubsection 50.4(1) of the Act
- File
- 31-2438755
Sinorama Holidays filed a notice of intention to make a proposal on October 31, 2018 under subsection 50.4(1) of the Bankruptcy and Insolvency Act, with Rosen Goldberg Inc. as trustee under file number 31-2438755 in Ontario. The sworn statement of affairs gives the company's sole asset as $6,615,268 of cash in bank subject to a freeze order. Against that it reports trust claimants of $6,102,909, unsecured claims of $9,717,417 and contingent claims of $3,102,815, with secured and preferred claims nil. The trust claims are customer deposits held in trust and subject to a Travel Industry Council of Ontario freeze order; they are to be paid from the trust funds and do not vote on the proposal.
Sinorama Holidays filed its notice of intention on October 31, 2018 under subsection 50.4(1), naming Rosen Goldberg Inc. trustee in file 31-2438755.
Undated filings1 — no date appears on the document · show
1 filings carry no date on their face — subscribers.
Debtor
Sinorama Holidays
Proposal trustee
Rosen Goldberg
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Various customer deposits · in 3 casesAggregate line for various customer deposit claimants across various ON cities; not individually named — debtor: Sinorama Holidays Inc. | $14.9M | Creditor Package |
Wenjia Jing and Hong Qian: no distribution.Under the plan · sanctionedOrder approving amended proposal · 28 May 2019
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | Wenjia Jing and Hong Qian | — | no distribution | Under the plansanctionedper the court | Order approving amended proposal · 28 May 2019 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Order approving amended proposal
| PDF · Subscribers | |
Order extending time for filing a Proposal
| PDF · Subscribers | |
Notice of Intention to Make a Proposal
| PDF · Subscribers | |
Creditor Package
| 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., “Sinorama Holidays” (NOI), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/sinorama-holidays