Proceedings.

Ventilation JPM Inc.

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Closed
Proceeding
Proposalarticle 62 de la Loi sur la faillite et l'insolvabilité
File
505-11-015622-199
Filings held4
Last activity12 Sep 2025
On the record2,811 days
OverviewSummary updated

Ventilation JPM Inc. filed a Division I proposal proceeding under the Bankruptcy and Insolvency Act in the Superior Court of Québec on September 12, 2025, under court file number 505-11-015622-199. An interim order was granted the same day. The proceeding is recorded as closed. The record of this matter carries a single dated milestone, and no further steps — no meeting of creditors, no vote on a proposal, no court approval or distribution — are reflected in it.

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Case updates4 dated entries
Parties

Debtor

Ventilation JPM Inc.

Proposal trustee

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · 1 named without a figure
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)Agence du Revenu du Québec (ARQ) - Déductions à la source (DAS 60(1.1)) · in 272 casesFiducie présumée (deemed trust) for unremitted source deductions — Deemed trust class claim (fiducie présumée), unaudited books/registers; ranks ahead of ordinary unsecured claims. Corresponding ARC (federal) deemed trust line shown as nil ('-') on same table. — debtor: Ventilation JPM inc. · as of 9 Jan 2019$39.6KTrustee's Report on the Proposal (French only)
4SecuredAgence du Revenu du Québec (ARQ) · in 272 casesHypothèque légale de l'État (RDPRM) grevant le matériel roulant (véhicules) de la Débitrice — Debtor values the encumbered vehicles at $0 (no market value); per the Proposition, ARQ's secured claim is therefore bifurcated and treated as an ordinary (unsecured) claim for the full amount of its claim. — debtor: Ventilation JPM inc. · as of 9 Jan 2019$0Trustee's Report on the Proposal (French only)
8UnsecuredAgence du revenu du Québec (TPS/TVQ/Impôts) · in 272 casesRepresents unsecured shortfall (balance de réclamation) arising from the bifurcated ARQ secured claim of $67,000 (see secured_creditors); syndic report summary rounds this to $67,000. — debtor: Ventilation JPM Inc. · as of 9 Jan 2019$67KNotice of Proposal to Creditors
8UnsecuredMétaux Angersdebtor: Ventilation JPM Inc. · as of 9 Jan 2019$58.9KNotice of Proposal to Creditors
8UnsecuredVentilation JAAddress listed (94, rue Paul, Saint-Mathieu QC J0L 2H0) is identical to the Debtor's own registered address, and the amount matches the 'Société affiliée' line ($44,509) in the syndic report's Passif summary (original p.21) - likely a related/affiliated party. — debtor: Ventilation JPM Inc. · as of 9 Jan 2019$44.5KNotice of Proposal to Creditors
8Unsecured9277-8448 Québec Inc.debtor: Ventilation JPM Inc. · as of 9 Jan 2019$35.5KNotice of Proposal to Creditors
8UnsecuredGoodman · in 3 casesdebtor: Ventilation JPM Inc. · as of 9 Jan 2019$32.7KNotice of Proposal to Creditors
8UnsecuredExtinctechdebtor: Ventilation JPM Inc. · as of 9 Jan 2019$18.1KNotice of Proposal to Creditors
8UnsecuredMécanergiedebtor: Ventilation JPM Inc. · as of 9 Jan 2019$15.9KNotice of Proposal to Creditors
8UnsecuredProduits de chauffage IDCdebtor: Ventilation JPM Inc. · as of 9 Jan 2019$13.6KNotice of Proposal to Creditors
8UnsecuredSimplex · in 3 casesdebtor: Ventilation JPM Inc. · as of 9 Jan 2019$11.9KNotice of Proposal to Creditors
8UnsecuredARC - Bureau des services fiscaux de Montréal (Section Insolvabilité) · in 12 casesdebtor: Ventilation JPM Inc. · as of 9 Jan 2019$7.43KNotice of Proposal to Creditors
8UnsecuredQATdebtor: Ventilation JPM Inc. · as of 9 Jan 2019$6.45KNotice of Proposal to Creditors
8UnsecuredCouvreur Raymonddebtor: Ventilation JPM Inc. · as of 9 Jan 2019$6.21KNotice of Proposal to Creditors
8UnsecuredLes Controles Roger Hoguedebtor: Ventilation JPM Inc. · as of 9 Jan 2019$5.77KNotice of Proposal to Creditors
8UnsecuredTD Canada Trust Visa · in 17 casesdebtor: Ventilation JPM Inc. · as of 9 Jan 2019$5.57KNotice of Proposal to Creditors
8UnsecuredLamontagne comptabledebtor: Ventilation JPM Inc. · as of 9 Jan 2019$4.78KNotice of Proposal to Creditors
8UnsecuredPlombartdebtor: Ventilation JPM Inc. · as of 9 Jan 2019$4.46KNotice of Proposal to Creditors
8UnsecuredGrues St-Jéromedebtor: Ventilation JPM Inc. · as of 9 Jan 2019$3.5KNotice of Proposal to Creditors
8UnsecuredElectro-Aidedebtor: Ventilation JPM Inc. · as of 9 Jan 2019$3.14KNotice of Proposal to Creditors
8UnsecuredSafety First · in 6 casesdebtor: Ventilation JPM Inc. · as of 9 Jan 2019$3.14KNotice of Proposal to Creditors
8UnsecuredSpiro Mégadebtor: Ventilation JPM Inc. · as of 9 Jan 2019$1.8KNotice of Proposal to Creditors
8UnsecuredMoteur Electrique St-Jeandebtor: Ventilation JPM Inc. · as of 9 Jan 2019$1.02KNotice of Proposal to Creditors
RecoveriesAs stated in the filings

Unsecured creditors: 8 %.Under the planTrustee's Report on the Proposal (French only) · 16 Jan 2019

ClassCreditorClaimsRecoveryBasisSource
Unsecured$351Kestimated8 %Under the planper the trusteeTrustee's Report on the Proposal (French only) · 16 Jan 2019

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.

Estate financialsReported figures — never derived
Total assets at filing$1K
Total liabilities at filing$391K

As at 9 Jan 2019 · per Statement of Affairs (Form 78) sworn/declared by the officer (André Baril) as at the date of filing of the proposal, unaudited/unverified · Ventilation JPM Inc. (single-entity, pre-filing) — Deficit of $389,864.51 declared (Surplus: NIL). Liabilities comprise: Créanciers non garantis $351,227.51 (incl. équilibre de réclamations garantis $66,997.00), Créanciers garantis $3.00, Créanciers privilégiés $0.00, and contingent/trust claims $39,637.00 (fiducie présumée, see secured_creditors note re $39,636 dated figure).

Documents4 filings
DateDocumentFile
Court Order for the Trustee's Discharge (French only)
  • Commencement date 12 September 2025
  • Court COUR SUPÉRIEURE
  • Court file no 505-11-015622-199
  • Presiding officer Registrar Ada Fan
  • + 1 more extracted fact
PDF
Notice of Proposal to Creditors
  • Financial position Assets $1K · Liabilities $391K · as at 9 Jan 2019 · per Statement of Affairs (Form 78) sworn/declared by the officer (André Baril) as at the date of filing of the proposal, unaudited/unverified · Ventilation JPM Inc. (single-entity, pre-filing) — Deficit of $389,864.51 declared (Surplus: NIL). Liabilities comprise: Créanciers non garantis $351,227.51 (incl. équilibre de réclamations garantis $66,997.00), Créanciers garantis $3.00, Créanciers privilégiés $0.00, and contingent/trust claims $39,637.00 (fiducie présumée, see secured_creditors note re $39,636 dated figure).
  • Recovery outcome Entries: per plan · Stated on: 2019-01-16 · Table missing:
  • Secured creditors $67K · Note: Claim bifurcated secured/unsecured by security valuation: vehicles are inoperable and the Debtor sets their value at $0 under s.50.1(2) BIA in the Proposition, so the balance of $66,997 is treated as an ordinary (unsecured) claim (see Liste A, unsecured creditors, item 2). Per the Proposition, security will be deemed extinguished and released upon Ratification (future event, not yet occurred as of filing date). · Page: 9 · As of: 2019-01-09 · Debtor: Ventilation JPM Inc. · Creditor: Agence du revenu du Québec (ARQ) - Direction régionale du recouvrement TPS/TVQ/Impôts · Security: Legal hypothec of the State (hypothèque légale de l'État) registered 2018-09-07 over 3 motor vehicles (2003 Chevrolet Express VIN 1GCFG25T331158321; 2006 Chevrolet Express VIN 1GCGG25V261119360; 2006 Dodge Sprinter VIN WD0BD744265969062); vehicles collectively valued at $3.00 per Form 78 Liste B
  • Unsecured creditors $11.9K · Page: 8 · As of: 2019-01-09 · Basis: Statement of Affairs (Form 78, Liste A - Créanciers Non Garantis) as declared by the officer, unaudited · Debtor: Ventilation JPM Inc. · Creditor: Simplex
PDF
Trustee's Report on the Proposal (French only)
  • Financial position Assets $38K · Liabilities $391K · as at 9 Jan 2019 · per non audité - valeur aux livres (unaudited book value, per statutory balance sheet / bilan statutaire); Syndic makes no representation as to accuracy · entity - Ventilation JPM inc. (the Débitrice) only; excludes affiliated company 9378-0815 Québec inc. — Total assets ($38,050) and total liabilities ($390,863) are book values as at 09 janv. 2019 per the statutory balance sheet; separate high/low estimated realization values ($15,298/$2,331 assets; liquidation scenario deficit of $38,462) are forecast/scenario figures, not the reported financial position.
  • Recovery outcome Entries: per plan · Stated on: 2019-01-16 · Table missing:
  • Secured creditors $0 · Note: Debtor values the encumbered vehicles at $0 (no market value); per the Proposition, ARQ's secured claim is therefore bifurcated and treated as an ordinary (unsecured) claim for the full amount of its claim. · Page: 5 · As of: 2019-01-09 · Debtor: Ventilation JPM inc. · Creditor: Agence du Revenu du Québec (ARQ) · Security: Hypothèque légale de l'État (RDPRM) grevant le matériel roulant (véhicules) de la Débitrice
PDF
Certificate of Filing a Proposal
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role Syndic autorisé en insolvabilité
  • Commencement date 10 January 2019
  • Court file no 505-11-015622-199
  • + 1 more extracted fact
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Ventilation JPM Inc.” (Proposal), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/ventilation-jpm-inc

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/ventilation-jpm-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.