Proceedings.

Star Navigation Systems Group Ltd.

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Active
Proceeding
NOIs. 50.4(9) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3
File
32-2594575
Filings held22
Last activity24 Feb 2021
On the record2,476 days
Secured debtSubscribers
OverviewSummary updated

Star Navigation Systems Group Ltd. is in insolvency proceedings in Ontario that began on December 11, 2019 with a notice of intention filed under subsection 50.4(1) of the Bankruptcy and Insolvency Act, A. Farber & Partners Inc. acting as licensed insolvency trustee under file number 32-2594575. Audited statements for the year ended June 30, 2018 show assets of $418,042 against current accounts payable of $3,075,151, which had risen to $3,450,064 on the creditor list accompanying the filing. Viraf Savak Kapadia, a director, former chief executive and shareholder, asserts a secured claim of $2,329,894 under a PPSA registration made December 10, 2019, the day before the filing; the Lassche Group is expected to challenge it. The Canada Revenue Agency claims $173,858 in payroll source deduction arrears.

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Case updates21 dated entries · 2 undated

18 earlier updates, back to 11 December 2019 subscribers.

Undated filings2 — no date appears on the document · show

2 filings carry no date on their face — subscribers.

Parties

Debtor

Star Navigation Systems Group Ltd.

Proposal trustee

GlassRatner

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredViraf Savak Kapadiaas of NOI filing date — PPSA registration dated December 10, 2019 (Reg. Num. 20191210 1455 1590 2483); collateral includes goods, inventory, equipment, accounts, other; general collateral description not specified on registration; security not yet reviewed by Proposal Trustee and portion of debt covered by security not yet verified — Related party (director/former CEO and shareholder); security registered only 1 day before NOI filing and is disputed/expected to be challenged by the Lassche Group; Proposal Trustee has not verified the security or advances thereunder; total debt was $1,797,603 a$2.33MFirst Report of the Proposal Trustee
3 more claims across lower-ranking classesSubscribe to view
Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents
22 filings
DateDocumentFile
Factum of the Proposal Trustee (Returnable February 24, 2021)PDF · Subscribers
Motion Record (Returnable February 24, 2021)PDF · Subscribers
Order of Justice Cavanagh (Approval Order)
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Supplementary Report of the Proposal Trustee
  • Operational summary By the fall of 2020 the Company had secured additional funding and resumed making payments on its post-NOI obligations as they came due.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Notice of Material Adverse ChangePDF · Subscribers
Notion of Motion (Returnable March 31, 2020)PDF · Subscribers
Endorsement of Justice Conway
  • Presiding officer Justice Conway
PDF · Subscribers
Notice of Proposal PackagePDF · Subscribers
Notice of Motion (Returnable January 22, 2020)PDF · Subscribers
Book of Authorities (Miller Thomson LLP)PDF · Subscribers
Factum (Miller Thomson LLP)PDF · Subscribers
Responding Motion Record (Norton Rose Fulbright Canada LLP)PDF · Subscribers
Affidavit of Shallon Garrafa (Miller Thomson LLP)PDF · Subscribers
First Report of the Proposal Trustee
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Service ListPDF · Subscribers
NOI Creditors PackagePDF · Subscribers
Certificate of Filing of a Notice of Intention to Make a Proposal
  • Appointee A. FARBER & PARTNERS INC.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 11 December 2019
  • Court file no 32-2594575
  • + 1 more extracted fact
PDF · Subscribers
Motion Record – Access to Premises
  • Applicant Star Navigation Systems Group Ltd.
  • Appointee A. Farber & Partners Inc.
  • Appointee role Proposal Trustee
  • Commencement date 11 December 2019
  • + 5 more extracted facts
PDF · Subscribers
Press ReleasePDF · Subscribers
ProposalPDF · Subscribers
Proof of Claim FormPDF · Subscribers
Voting LetterPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Star Navigation Systems Group Ltd.” (NOI), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/star-navigation-systems-group-ltd

Sources last checked · summary updated 1 September 2026 · Report a correction · Printed from proceedings.ca/case/star-navigation-systems-group-ltd

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.

Star Navigation Systems Group Ltd. — Notice of intention | Proceedings.