Ontario · Bankruptcy
Preliminary Report of Trustee
Court officer report · 16 August 2024
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What we verified from this filing10 verified
- appointeeMNP Ltd.
- appointee roleLicensed Insolvency Trustee
- commencement date26 July 2024
- court file no35-3109309
- proceeding typebia_bankruptcy
- unsecured creditorsnote: Company fell behind on HST and Source Deductions owing to CRA, accumulating arrears of approximately $120,000 (page 1). Deemed trust claim expected for a portion of unpaid source deductions; will have a deemed trust claim exceeding funds from equipment sale. Deemed trust class per Statement of Affairs shows $nil, likely reflecting claim not yet filed. · page: 1 · as of: Statement of Affairs · basis: Deemed trust claim category per Statement of Affairs, stated as $nil in table but narrative indicates arrears of approximately $120,000 for unpaid HST and Source Deductions · debtor: Kevin Mara Roofing Inc. · creditor: Canada Revenue Agency · currency: CAD
- financial positionnote: Proven claims total $nil as of report date; no distribution expected in the bankruptcy. · page: 2 · basis: Statement of Affairs (per Statement of Affairs column); total includes Deemed Trust $nil, Secured $60,000, Preferred $nil, Unsecured $180,000 · scope: Kevin Mara Roofing Inc. (entity-level, bankrupt estate) · currency: CAD · total liabilities: 240000
- secured creditorsnote: Vehicle released to Bank of Nova Scotia; security discharged/released, not current. Per Statement of Affairs figure; claim not yet filed in bankruptcy (proven: $nil). · page: 2 · as of: Statement of Affairs · amount: 60000 · debtor: Kevin Mara Roofing Inc. · creditor: Bank of Nova Scotia · currency: CAD · security: Security registered against a leased vehicle
- unsecured creditorsnote: Document names no individual unsecured creditors. Proven claims to date: $nil. · page: 2 · as of: Statement of Affairs · basis: Statement of Affairs as reported · amount: 180000 · debtor: Kevin Mara Roofing Inc. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- provinceOntario