Proceedings.

Tri-S Industries Ltd.

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Proceeding
BankruptcyBankruptcy and Insolvency Act
File
32-2823062
Filings held3
Last activity11 May 2022
On the record1,662 days
Secured debtSubscribers
OverviewSummary updated

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.

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Case updates3 dated entries
Parties

Debtor

Tri-S Industries Ltd.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredToronto-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.$52.2KPreliminary Report of Trustee
7Preferred (BIA s. 136)
8Unsecured
8Unsecured

3 more claims in 2 classes The stack holds Secured, Preferred (BIA s. 136) and Unsecured claims.

Every creditor and every amount, drawn to scale.

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RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedPreliminary Report of Trustee · 11 May 2022

ClassCreditorClaimsRecoveryBasisSource
Unsecured——no distributionEstimatedper the trusteePreliminary 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.

Documents3 filings
DateDocumentFile
Preliminary Report of Trustee
  • Appointee MNP Ltd.
  • Appointee role trustee
  • Commencement date 20 April 2022
  • Court file no 32-2823062
  • + 7 more extracted facts
PDF · Subscribers
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee
  • Commencement date 20 April 2022
  • Court file no 32-2823062
  • + 1 more extracted fact
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 6 November 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.