Proceedings.

Telemus Systems Inc.

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Proceeding
BankruptcyBankruptcy and Insolvency Act (Canada)
File
33-2761138
Filings held3
Last activity14 Sep 2021
On the record1,899 days
OverviewSummary updated

Telemus Systems Inc. filed a Statement of Affairs dated August 24, 2021 showing total assets of $15,000.00 against total liabilities of $638,631.31, a deficiency of $623,631.31. No secured creditors were listed. The largest unsecured claims include $330,085.03 in aggregate employee claims and $120,880.62 owed to Spain-based CM Computer (Computadores Modulares, S.A.), with a preferred claim of $45,476.10 from Communications Components Antenna Inc. for wages and rent. The remainder of the unsecured debt is spread across roughly thirty trade creditors, ranging from utilities and telecom providers to equipment and parts suppliers, with amounts as small as $52.64.

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Case updates3 dated entries
Parties

Debtor

Telemus Systems Inc.

Trustee in bankruptcy

KPMG

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
6Landlord preferredCommunications Components Antenna Incpreferred claim (BIA List C) — debtor: Telemus Systems Inc. · as of 24 Aug 2021$45.5KTelemus Notice to Creditor
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

28 more claims in 1 class The stack holds Landlord preferred and 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 to the First Meeting of Creditors on Preliminary Administration [ ]
  • Appointee KPMG Inc.
  • Appointee role trustee
  • Commencement date 24 August 2021
  • Financial position Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Telemus Notice to Creditor
  • Commencement date 24 August 2021
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Certificate of Appointment dated August 24, 2021
  • Appointee KPMG INC.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 24 August 2021
  • Court file no 33-2761138
  • + 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., “Telemus Systems Inc.” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/telemus-systems-inc

Sources last checked · summary updated 13 August 2026 · Report a correction · Printed from proceedings.ca/case/telemus-systems-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.