Court officer report fixed the commencement of the proceeding at 12:21 on April 20, 2022, establishing the effective time for the estate.
Source: Certificate of Appointment
Tri-S Industries Ltd., an Ontario company, went into bankruptcy on April 20, 2022 under the Bankruptcy and Insolvency Act, with MNP Ltd. as trustee under court file no. 32-2823062. The proceeding remains active. The Statement of Affairs records Toronto-Dominion Bank as secured for $52,151.00 on a general security agreement; TD has not filed a proof of claim, and the figure matches the amount received to date. Unsecured creditors are reported in the aggregate at $338,874.60, with no individual creditors named and claims received to date totalling $128,509.60. The preferred and deemed trust classes are both stated as nil.
Court officer report fixed the commencement of the proceeding at 12:21 on April 20, 2022, establishing the effective time for the estate.
Source: Certificate of Appointment
Second report of the same date recorded that Tri-S made an assignment and that MNP Ltd. had been appointed trustee.
Source: Preliminary Report of Trustee
Debtor
Tri-S Industries Ltd.
Trustee in bankruptcy
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Toronto-Dominion Bank · in 48 casesas of date of bankruptcy (Statement of Affairs) — General security agreement — Proof of claim not yet filed by TD; amount per Statement of Affairs, matches amount received to date — debtor: Tri-S Industries Ltd. | $52.2K | Preliminary Report of Trustee |
Unsecured creditors: no distribution.EstimatedPreliminary Report of Trustee · 11 May 2022
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distribution | Estimatedper the trustee | Preliminary Report of Trustee · 11 May 2022 |
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.
| Date | Document | File |
|---|---|---|
Preliminary Report of Trustee
| PDF · Subscribers | |
Certificate of Appointment
| PDF · Subscribers | |
Creditors Package
| 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., “Tri-S Industries Ltd.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/tri-s-industries-ltd
Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/tri-s-industries-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.