Ontario · Bankruptcy
Trustee's Preliminary Report dated
Court officer report · 5 September 2025
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What we verified from this filing10 verified
- appointeeMNP Ltd.
- appointee roleLicensed Insolvency Trustee
- commencement date19 August 2025
- court file no31-3261456
- provinceOntario
- financial positionnote: Liquidation value relates solely to clothing inventory located at director's residence; TD Canada Trust holds security interest over it. · basis: Statement of Affairs - estimated liquidation value · scope: Company (single entity, Jakal Trading Co. Limited) · currency: CAD · total assets: 1000
- operational summaryThe Company, a ladies wear retailer, ceased operations in January 2025 after its director stopped funding operating losses; the Trustee has taken possession of records but not the remaining inventory, and no distribution to unsecured creditors is currently anticipated.
- recovery outcomeentries: basis: estimated · quote: The Trustee does not anticipate any distribution to unsecured creditors at this time. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · conditional on: at this time · claims qualifier: unstated · stated on: 2025-09-05 · table missing:
- report date5 September 2025
- report noTrustee's Preliminary Report to Creditors on the Bankruptcy Administration