Proceedings.

U4IK Ltd

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Active
Proceeding
BankruptcyBankruptcy and Insolvency Act
File
32-3096756
Filings held2
Last activity25 Jun 2024
On the record818 days
Secured debtSubscribers
OverviewSummary updated

U4IK Ltd remains in active bankruptcy proceedings in Ontario, commenced 25 June 2024 by assignment under section 49 of the Bankruptcy and Insolvency Act, with MNP LTD / MNP LTÉE as trustee under court file no. 32-3096756. The creditor mailing list, as of the date of commencement, records RBC Royal Bank claims of $97,436.00 under the HASCAP loan program, $25,445.47 on a revolving credit line and $1.00 under CEBA, together with two RBC Visa claims of $12,070.14 and $5,278.45 on which Razel Bowen is listed as guarantor or cardholder. The Canada Revenue Agency is listed for $52,897.84 in Ontario tax indebtedness in a deemed trust class, Costco M/C / Capital One c/o FCT Default Solutions for $15,533.83, and Apple Canada for $1,503.94.

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Case updates2 dated entries
#Report

Court officer's report filed, fixing the commencement of the proceeding at June 25, 2024, 13:36 — the date carried through the record as the commencement date.

Source: Certificate of Appointment

#Claims

A meeting of creditors is recorded as held on the 25th day of June 2024, the same date as commencement; the record gives no attendance, resolutions or outcome.

Source: Creditors Package

Parties

Debtor

U4IK Ltd

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredCostco M/C / Capital One c/o FCT Default Solutions · in 2 casesListed as 'Insolvency Department' creditor type; classification as secured uncertain but included per creditor mailing list; possibly credit card/insolvency claim - see note — debtor: U4IK Ltd. · as of 25 Jun 2024$15.5KCreditors Package

7 more claims across lower-ranking classes

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Documents2 filings
DateDocumentFile
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee
  • Commencement date 25 June 2024
  • Court file no 32-3096756
  • + 2 more extracted facts
PDF · Subscribers
Creditors Package
  • Appointee MNP Ltd.
  • Appointee role trustee
  • Commencement date 25 June 2024
  • Court file no 32-3096756
  • + 4 more extracted facts
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., “U4IK Ltd” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/u4ik-ltd

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/u4ik-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.