The Common Market Fine Foods Inc.
Follow- Proceeding
- BankruptcySubsection 102(1) of the Act
- File
- 33-2658588
The Common Market Fine Foods Inc. became bankrupt under the BIA on July 17, 2020 at 08:19, with MNP Ltd. acting as Licensed Insolvency Trustee under estate no. 33-2658588 in Ontario. The proceeding remains active. The Statement of Affairs (Form 78), as at July 16, 2020, reports no assets against total liabilities of $377,556.00, leaving a deficiency of the same amount. Of that, $377,554.00 is owed to unsecured creditors, with no secured or preferred claims listed and $2.00 in contingent or other liabilities. The largest listed claims are promissory notes to Sunil Chaundhry at $174,704.00 and to John and Knelda Johnson at $53,184.00, and $40,000.00 to BMO Bank of Montreal. CRA is listed for $1,699.00 and $6,712.00 as deemed trust claims, and the Workplace Safety and Insurance Board for $4,933.00.
Trustee's filing fixed the bankruptcy at July 17, 2020, 08:19, and set out the Statement of Affairs: no assets, $377,556.00 in liabilities, an equal deficiency.
Source: Certificate of Appointment
Approved a claims process for the estate; the record ties the approval to the July 17, 2020 commencement date rather than to a separate dated order.
Court officer's report recording that the company made an assignment for the general benefit of creditors on July 17, 2020, opening the estate.
Source: Trustee's Preliminary Report
Debtor
The Common Market Fine Foods Inc.
Trustee in bankruptcy
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Sunil Chaundhry (Promissory Note)related party possible; promissory note — debtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $175K | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | John and Knelda Johnson (Promissory Note)promissory note — debtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $53.2K | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | BMO Bank of Montreal (formerly MBanx) c/o BankruptcyHighway.com CERB · in 40 casesdebtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $40K | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | Snap Cab Canada (Promissory Note)promissory note — debtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $16.6K | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | Sunil Chaudhry (Short Term Loan)related party possible; short term loan — debtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $15.7K | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | Sunil Chaudhry (Short term loan)related party possible; short term loan — debtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $13.2K | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | OnDeck Capitaldebtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $12.6K | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | Heather Ford (Promissory Note)promissory note — debtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $12.4K | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | CRA - Tax - Ontario (818697260 RT0001) · in 252 casesdeemed trust class — debtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $6.71K | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | David Casson (Promissary)promissory note — debtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $4.94K | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | Workplace Safety and Insurance Board (Attn: c/o Collection Services, 4051371) · in 164 casesregulatory — debtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $4.93K | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | Reids Dairydebtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $2.94K | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | Zuccarini Importing Companydebtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $2.73K | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | Findlay Foods Ltd.debtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $2.21K | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | The Happy Bookkeeperdebtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $2.02K | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | Dream Come True Kitchen (Attn: Marie Garrard)debtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $1.98K | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | County Roasters Inc.debtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $1.76K | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | CRA - Tax - Ontario (818697260 RP0001) · in 252 casesdeemed trust class — debtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $1.7K | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | Wilton Cheese Factorydebtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $1.42K | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | Manco Recycling Systems · in 2 casesdebtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $1.25K | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | BMO Financial Group c/o BankruptcyHighway.com · in 24 casesdebtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $1.05K | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | Bell Canada F-88 - Business (531956735) · in 64 casesdebtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $774 | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | Ontario Natural Food Co-op · in 2 casesdebtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $498 | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | Multatuli Coffee Merchantsdebtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $466 | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | Creel & Gambreldebtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $388 | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | Cintas Corporation (Kingston/Napanee) · in 8 casesdebtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $305 | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | Rose Scale Ltd.debtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $275 | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | Bell Canada F-88 - Business (613 548 8400) · in 64 casesdebtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $260 | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | SOCAN Foundation (Attn: Rick MacMillan)debtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $233 | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | Kingston Trolley Toursdebtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $171 | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | Southeastern News Servicedebtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $89 | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | Print Fusion Inc.debtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $72 | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | Madhu Mehandebtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $25 | Notice of Bankruptcy and First Meeting of Creditors |
| Unsecured | Garlic Fieldsdebtor: The Common Market Fine Foods Inc. · as of 16 Jul 2020 | $4 | Notice of Bankruptcy and First Meeting of Creditors |
As at 16 Jul 2020 · per Statement of Affairs (Form 78) as stated and estimated by the officer · The Common Market Fine Foods Inc. (entity) — Statement of Affairs shows unsecured creditors $377,554.00 (List A), secured creditors $0.00 (List B, total 0.00), preferred creditors $0.00 (List C), contingent/other liabilities $2.00 (List D), total liabilities $377,556.00, total assets $0.00, deficiency $377,556.00.
| Date | Document | File |
|---|---|---|
| First Meeting of Creditors Minutes | ||
Trustee's Preliminary Report
| ||
Certificate of Appointment
| ||
Notice of Bankruptcy and First Meeting of Creditors
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “The Common Market Fine Foods Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/the-common-market-fine-foods-inc