Ontario · Bankruptcy
Notice of Bankruptcy
Notice to creditors · 29 October 2025
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What we verified from this filing15 verified
- appointeeRaymond Chabot Inc.
- appointee roletrustee
- commencement date24 October 2025
- court file noBK25032893120033
- statutory basisSubsection 102(1) of the Act
- financial positionnote: Secured $323,208.99, preferred/priorities $0.00, unsecured $16,816.28, contingent/trust/other $1.00; deficiency of $340,026.27 stated · page: 2 · as at: 2025-10-24 · basis: Statement of Affairs as stated and estimated by bankrupt/debtor · scope: 389Teaco Ltd. (single entity) · currency: CAD · total assets: 0 · total liabilities: 340026.27
- secured creditorsnote: Listed as secured claim in Statement of Affairs as at date of bankruptcy · page: 4 · as of: 2025-10-24 · amount: 166666.84 · debtor: 389Teaco Ltd. · creditor: Banque Royale du Canada (Royal Bank of Canada) · currency: CAD · security: Bank loan (except real property mortgage), account 37320471-002
- secured creditorsnote: Listed as secured claim in Statement of Affairs as at date of bankruptcy · page: 4 · as of: 2025-10-24 · amount: 145831.78 · debtor: 389Teaco Ltd. · creditor: Banque Royale du Canada (Royal Bank of Canada) · currency: CAD · security: Bank loan (except real property mortgage), account 37320471-003
- secured creditorsnote: Listed as secured claim in Statement of Affairs as at date of bankruptcy · page: 4 · as of: 2025-10-24 · amount: 10710.37 · debtor: 389Teaco Ltd. · creditor: Banque Royale du Canada (Royal Bank of Canada) · currency: CAD · security: Bank loan (except real property mortgage), account 37320471-004
- unsecured creditorsnote: Corporate/income tax claim; deemed trust class not explicitly stated here · page: 4 · as of: 2025-10-24 · basis: Statement of Affairs as reported by bankrupt · amount: 960.35 · debtor: 389Teaco Ltd. · creditor: Agence du revenu du Canada (ON-NB) · currency: CAD
- unsecured creditorsnote: Owed rent; landlord · page: 5 · as of: 2025-10-24 · basis: Statement of Affairs as reported by bankrupt · amount: 15086.24 · debtor: 389Teaco Ltd. · creditor: Golpro Holdings Inc. · currency: CAD
- unsecured creditorsnote: Other claim or liability, nil amount stated · page: 5 · as of: 2025-10-24 · basis: Statement of Affairs as reported by bankrupt · amount: 0 · debtor: 389Teaco Ltd. · creditor: Dale & Lessmann LLP · currency: CAD
- unsecured creditorsnote: Other claim or liability · page: 5 · as of: 2025-10-24 · basis: Statement of Affairs as reported by bankrupt · amount: 1 · debtor: 389Teaco Ltd. · creditor: Kevito Ltd. · currency: CAD
- unsecured creditorsnote: Other claim or liability · page: 5 · as of: 2025-10-24 · basis: Statement of Affairs as reported by bankrupt · amount: 196.61 · debtor: 389Teaco Ltd. · creditor: Reliance · currency: CAD
- unsecured creditorsnote: Other claim or liability, account 7-9790-9181 · page: 5 · as of: 2025-10-24 · basis: Statement of Affairs as reported by bankrupt · amount: 573.08 · debtor: 389Teaco Ltd. · creditor: Rogers Communications Inc. · currency: CAD