Alberta · Bankruptcy
Trustee's Report to Creditors
Court officer report · 12 December 2024
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What we verified from this filing11 verified
- appointeeMNP Ltd.
- appointee roleLicensed Insolvency Trustee
- commencement date26 November 2024
- courtIN THE COURT OF KING'S BENCH OF ALBERTA
- court file no24-3158127
- financial positionnote: Capital of $375,004 and retained earnings deficit of $(594,771) resulted in shareholders' deficiency of $(219,767); balance sheet is stated 'Year Ended Dec. 31, 2023' though captioned as balance sheet. · page: 3 · as at: 2023-12-31 · basis: management prepared financial statements, most current available · scope: entity - Frettable Inc. · currency: CAD · total assets: 766 · total liabilities: 220533
- secured creditorsnote: Listed per books and records and Alberta Personal Property Registry as having priority over unsecured claims; estimated claim. · page: 4 · as of: date of this report · amount: 248773 · debtor: Frettable Inc. · creditor: Marula Blue Investments Inc. · currency: CAD
- unsecured creditorspage: 4 · as of: date of this report · basis: Trustee's listing based on Company's books and records; estimated claim · amount: 995 · debtor: Frettable Inc. · creditor: BMO Business Mastercard · currency: CAD
- unsecured creditorsnote: CRA has not filed a proof of claim as of the date of this report; books and records indicate no amounts owing to CRA for payroll source deductions, GST, and corporate income tax. · page: 4 · as of: date of this report · basis: Trustee's listing based on Company's books and records; estimated claim · amount: 1 · debtor: Frettable Inc. · creditor: Canada Revenue Agency · currency: CAD
- unsecured creditorspage: 4 · as of: date of this report · basis: Trustee's listing based on Company's books and records; estimated claim · amount: 61000 · debtor: Frettable Inc. · creditor: Bank of Montreal / CEBA · currency: CAD
- recovery outcomeentries: basis: estimated · quote: The Trustee estimates there will be no recovery to the unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · claims amount: 107732 · interim final: unstated · claims qualifier: estimated · stated on: 2024-12-12 · table missing: