Receivership (private)
Notice and Statement of the Receiver
Notice to creditors · 15 December 2020
A plain-language read of this filing opens with a subscription.
What we verified from this filing11 verified
- appointeeMNP Ltd.
- appointee rolereceiver
- commencement date14 December 2020
- financial positionnote: Property described as 'Cash on hand - $19,125'; no total liabilities figure stated. · page: 1 · basis: Notice and Statement of Receiver description of Property · scope: 2588678 Ontario Inc o/s Symposium Cafe · currency: CAD · total assets: 19125
- secured creditorsnote: Estimated amount owed to secured creditor per Notice and Statement of Receiver; same creditor also listed on Creditor List with an 'Unsecured claim' amount of $484,357.07 (likely a labelling inconsistency in the document, possibly reflecting a shortfall/unsecured portion). · page: 1 · as of: receivership appointment date · amount: 484357.07 · debtor: 2588678 Ontario Inc o/s Symposium Cafe · creditor: Toronto-Dominion Bank · currency: CAD · security: General Security Agreement
- statutory basisSubsection 245 & 246 (1) of the Bankruptcy and Insolvency Act
- unsecured creditorsnote: Amount listed as 'Unknown'. · page: 3 · as of: receivership appointment date · basis: Creditor List attached to Notice and Statement of Receiver · debtor: 2588678 Ontario Inc o/s Symposium Cafe · creditor: Canada Revenue Agency · currency: CAD
- unsecured creditorsnote: Amount listed as 'Unknown'. · page: 3 · as of: receivership appointment date · basis: Creditor List attached to Notice and Statement of Receiver · debtor: 2588678 Ontario Inc o/s Symposium Cafe · creditor: The Symposium Cafe Inc · currency: CAD
- unsecured creditorsnote: Amount listed as 'Unknown'. · page: 3 · as of: receivership appointment date · basis: Creditor List attached to Notice and Statement of Receiver · debtor: 2588678 Ontario Inc o/s Symposium Cafe · creditor: Bodkin Capital Corporation · currency: CAD
- unsecured creditorsnote: Listed under 'Unsecured claim' column though also identified elsewhere as the secured creditor holding a General Security Agreement; amount matches the secured claim figure exactly. · page: 3 · as of: receivership appointment date · basis: Creditor List attached to Notice and Statement of Receiver · amount: 484357.07 · debtor: 2588678 Ontario Inc o/s Symposium Cafe · creditor: Toronto-Dominion Bank · currency: CAD
- proceeding typereceivership_private