SNS Industrial Group Ltd.
- Proceeding
- BankruptcySubsection 102(1) of the Act
- File
- 32-2632818
SNS Industrial Group Ltd., in bankruptcy, filed a Statement of Affairs (Form 78) as at March 20, 2020, reporting total assets of $870,000.00 against total liabilities of $1,401,862.19, for a reported deficiency of $531,862.19 and no surplus. Liabilities were split between unsecured creditors of $926,331.19 and secured creditors of $475,531.00, with no preferred, contingent or trust claims listed.
The sole secured creditor, 1900936 Ontario Ltd., held security over accounts receivable valued at $475,531.00, with an estimated surplus from that security of $394,469.00. The unsecured creditor list named a large number of suppliers, mostly small trade amounts, alongside a deemed-trust claim of $124.53 owed to the Canada Revenue Agency.
A claims procedure has been established — see the order for deadlines.
Undated filings1 — no date appears on the document · show
Debtor
SNS Industrial Group Ltd.
Trustee in bankruptcy
Schwartz Levitsky Feldman Inc.
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | 1900936 Ontario Ltd.Debts Due - Business - A/R (estimated value $475,531.00); Business Assets - Trade Fixtures (estimated value $0.00); Business Assets - Stock in Trade - Inventory (estimated value $0.00) — Numbered company creditor; no relationship to debtor stated in document. Estimated total surplus from security of $394,469.00 reported. — debtor: SNS Industrial Group Ltd. · as of 20 Mar 2020 | $476K | Notice to Creditors |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
86 more claims in 1 class The stack holds Secured 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 |
|---|---|---|
Notice to Creditors
| PDF · Subscribers | |
Proof of Claim
| 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., “SNS Industrial Group Ltd.” (Bankruptcy). Retrieved 5 November 2026, https://proceedings.ca/case/sns-industrial-group-ltd