British Columbia · Bankruptcy
Creditors Package
Meeting materials · 16 October 2026
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing14 verified
- court file no11-3437200
- proceeding typebia_bankruptcy
- appointeeGoldhar & Associates Ltd.
- appointee roletrustee
- commencement date15 October 2026
- statutory basisSubsection 102(1) of the Act
- financial positionnote: Statement of Affairs states secured creditors 0.00, preferred 0.00, unsecured 112,036.10, contingent 0.00; deficiency -112,035.10 (the form's 'Surplus' line also shows 112,035.10). Sole asset is $1.00 deposit in a financial institution (BMO account). Subscribed and paid capital $100.00. Reason for insolvency: economic downturn (COVID-19 revenue decline, ceased operations end of 2022; assets sold in following year to cover rent; clinic closed). Aggregate liability total of 112,036.10 includes $1.00 placeholder entries. · page: 3 · as at: 2026-10-15 · basis: Statement of Affairs (Form 78), sworn by Vivek Jaglan; as stated by the bankrupt, unaudited · scope: Entity: Archana Jaglan and Vivek Jaglan Physiotherapist Corporation o/a Stay Strong Physiotherapy (single corporate bankrupt) · currency: CAD · total assets: 1 · total liabilities: 112036.1
- unsecured creditorsnote: Placeholder $1.00 amount as listed in the Statement of Affairs; actual amount not stated. Related to lease of the closed clinic. · page: 4 · as of: 2026-10-15 · basis: Statement of Affairs (Form 78) as reported by the bankrupt; owed rent, nature 'Landlord' · amount: 1 · debtor: Archana Jaglan and Vivek Jaglan Physiotherapist Corporation o/a Stay Strong Physiotherapy · creditor: 0869391 B.C. Ltd. (landlord) · currency: CAD
- unsecured creditorsnote: CRA claim reported in the unsecured column (not as preferred/deemed trust); one of three CRA lines. · page: 4 · as of: 2026-10-15 · basis: Statement of Affairs (Form 78) as reported by the bankrupt; listed as unsecured, nature 'Other', CRA · amount: 25168.45 · debtor: Archana Jaglan and Vivek Jaglan Physiotherapist Corporation o/a Stay Strong Physiotherapy · creditor: CRA - Tax - Pacific · currency: CAD
- unsecured creditorsnote: Placeholder $1.00 amount; second CRA line, amount not stated. · page: 4 · as of: 2026-10-15 · basis: Statement of Affairs (Form 78) as reported by the bankrupt; CRA, nature 'Other' · amount: 1 · debtor: Archana Jaglan and Vivek Jaglan Physiotherapist Corporation o/a Stay Strong Physiotherapy · creditor: CRA - Tax - Pacific · currency: CAD
- unsecured creditorsnote: Placeholder $1.00 amount; third CRA line, amount not stated. · page: 4 · as of: 2026-10-15 · basis: Statement of Affairs (Form 78) as reported by the bankrupt; CRA, nature 'Other' · amount: 1 · debtor: Archana Jaglan and Vivek Jaglan Physiotherapist Corporation o/a Stay Strong Physiotherapy · creditor: CRA - Tax - Pacific · currency: CAD
- unsecured creditorsnote: Canada Emergency Business Account loan, reported as unsecured. · page: 4 · as of: 2026-10-15 · basis: Statement of Affairs (Form 78) as reported by the bankrupt; nature 'Other', details 'CEBA' · amount: 67316.45 · debtor: Archana Jaglan and Vivek Jaglan Physiotherapist Corporation o/a Stay Strong Physiotherapy · creditor: Export Development Canada · currency: CAD
- unsecured creditorsnote: Reported rent owing; no proof of claim filed as of this document. · page: 4 · as of: 2026-10-15 · basis: Statement of Affairs (Form 78) as reported by the bankrupt; owed rent, property management · amount: 19548.2 · debtor: Archana Jaglan and Vivek Jaglan Physiotherapist Corporation o/a Stay Strong Physiotherapy · creditor: Warrington PCI Management (property management) · currency: CAD
- secured creditors