Ontario · Bankruptcy
Preliminary Report of Trustee
Court officer report · 19 September 2022
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What we verified from this filing10 verified
- appointeeMNP Ltd.
- appointee roletrustee
- commencement date1 September 2022
- court file no35-2861640
- statutory basisSection 67(b) of the Bankruptcy and Insolvency Act
- cash on handnote: Stated as cash on hand at the date of bankruptcy. · as at: 2022-09-01 · amount: 5839.27 · currency: CAD
- financial positionnote: Assets: Company had cash on hand of $5,839.27 at date of bankruptcy; no inventory; equipment largely liquidated pre-bankruptcy with remaining items assumed non-sellable/no value; no owned real estate. Liabilities per Statement of Affairs: Unsecured $61,839.67, Preferred Nil, Secured $29,160.73, Deemed trust $4,088.70, Total $100,928.37; Claims Received to Date: Nil across all categories. · basis: As per Statement of Affairs · scope: Cathy's Corner Café, Deli & Sweets Inc. (single bankrupt entity) · currency: CAD · total liabilities: 100928.37
- operational summaryThe Company's restaurant business ceased operations prior to the bankruptcy filing due to pandemic-related revenue losses, and it has no ongoing operations.
- report date19 September 2022
- report noTrustee's Preliminary Report