Ontario · NOI

Notice to Creditors - Organic Garage (Canada) Ltd

Notice to creditors · 24 May 2024

AI summary

A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.

What we verified from this filing1 verified

financial positionnote: Assets are stated as at the date of bankruptcy (May 18, 2024); the declaration speaks to the affairs of the corporation on May 24, 2024. Estimated to produce $1,312,658.96 on Form 78 front page; List H 'Full Statement of Property' totals $1,158,408.96 (a different total from the front-page figure). Liabilities: unsecured creditors $9,394,742.01, secured creditors $165,805.97, preferred creditors $0.00, contingent/trust claims $0.00. Deficiency $8,247,889.02; surplus NIL. · as at: 2024-05-18 · basis: Statement of Affairs (Form 78) 'as stated and estimated by the officer'; sworn by Matt Lurie on May 24, 2024 · scope: Organic Garage (Canada) Ltd. (single entity, bankrupt corporation) · currency: CAD · total assets: 1312658.96 · total liabilities: 9560547.98