British Columbia · Bankruptcy
Trustee's Report to Creditors dated May 26, 2026
Court officer report · 26 May 2026
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What we verified from this filing10 verified
- applicantRoyal Bank of Canada
- appointeeGrant Thornton Limited
- appointee roletrustee
- commencement date5 May 2026
- court file no11-255057
- provinceBRITISH COLUMBIA
- financial positionnote: Asset figure is the Trustee's estimated gross realizable value of tangible assets ('approximately $10,000'), not a formal balance sheet total; liabilities figure is the SOA-listed creditor claims total ('approximately $194,531.75'), described as subject to change as the claims process continues. · basis: Trustee's preliminary assessment of gross realizable value (tangible assets); liabilities per Statement of Affairs, subject to change as claims are proven · scope: entity - Fast Track Appliances Ltd. bankruptcy estate · currency: CAD · total assets: 10000 · total liabilities: 194531.75
- operational summaryThe Trustee assessed the Company's minimal tangible assets, concluded realization costs would exceed recoveries, and has abandoned all assets, meaning no dividends are expected to become available to creditors.
- report date26 May 2026
- report noPreliminary Report