Proceedings.

Szmata Projects Ltd.

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Proceeding
Bankruptcysection 49 of the Bankruptcy and Insolvency Act
File
24-3253053
Filings held3
Last activity15 Aug 2025
On the record465 days
OverviewSummary updated

Szmata Projects Ltd. made a voluntary assignment into bankruptcy effective July 28, 2025, and the estate remains active. The proceeding is administered under the Bankruptcy and Insolvency Act and is before the Court of King's Bench of Alberta under court file number 24-3253053. The record to date consists of a court officer's report bearing the date of the assignment. No further steps in the administration have been recorded.

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Case updates3 dated entries
Parties

Debtor

Szmata Projects Ltd.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
UnsecuredSzmata Holdings Ltd.Related party (recorded as 'Due to Related Party' on the Company's June 30, 2025 balance sheet); amount matches balance sheet figure exactly. — debtor: Szmata Projects Ltd. · as of 30 Jun 2025$352KTrustee's Report to Creditors
Unsecured

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

Every creditor and every amount, drawn to scale.

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RecoveriesAs stated in the filings

Unsecured creditors: no recovery.EstimatedTrustee's Report to Creditors · 15 Aug 2025

ClassCreditorClaimsRecoveryBasisSource
Unsecured—estimatedno recoveryEstimatedper the trusteeTrustee's Report to Creditors · 15 Aug 2025

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.

1 blurred figure above

The claims and what each class or creditor recovers — each as the filing states it, with its source.

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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 to Creditors
  • Appointee MNP Ltd.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 28 July 2025
  • Court IN THE COURT OF KING'S BENCH OF ALBERTA
  • + 5 more extracted facts
PDF · Subscribers
First Meeting of Creditors Notice Package
PDF · Subscribers
Certificate of Assignment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee
  • Commencement date 28 July 2025
  • Court file no 24-3253053
  • + 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., “Szmata Projects Ltd.” (Bankruptcy), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/szmata-projects-ltd

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/szmata-projects-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.