British Columbia · Bankruptcy
Trustee's Preliminary Report to Creditors
Court officer report · 18 August 2025
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What we verified from this filing12 verified
- appointeeMNP Ltd.
- appointee roleLicensed Insolvency Trustee
- commencement date5 August 2025
- courtIN THE SUPREME COURT OF BRITISH COLUMBIA
- court file no11-3256329
- proceeding typebia_bankruptcy
- statutory basisthe Bankruptcy and Insolvency Act
- statutory basisBankruptcy and Insolvency Act
- financial positionnote: Table also shows 'Filed' column (proofs of claim actually filed) as Nil across all classes as of report date, distinct from the Statement of Affairs figures used above. · page: 2 · basis: Statement of Affairs as reported (secured $1 + preferred nil + unsecured $727,940.22 = total $727,941.22 per SOA table); no total for assets given, and Trustee reports no expectation of recovery from the Company's kitchen equipment/fixtures, which were fixed to vacated leased premises · scope: Entity: 1296972 B.C. Ltd. (Bankrupt Estate) · currency: CAD · total liabilities: 727941.22
- secured creditorsnote: Statement of Affairs lists secured creditors total of only $1 (nominal), suggesting bifurcation/no realizable collateral value; RBC had not filed a proof of claim as of the date of this report. · page: 2 · as of: Statement of Affairs (as reported) · amount: 241176.19 · debtor: 1296972 B.C. Ltd. · creditor: Royal Bank of Canada (RBC) · currency: CAD · security: Registered security interest under BC Personal Property Registry (search performed March 4, 2025) against all present and after-acquired personal property and proceeds thereof
- unsecured creditorsnote: Document names no individual unsecured creditors; as of the date of this report, no proofs of claim had been filed (Filed column shows Nil). · page: 2 · as of: Statement of Affairs (as reported) · basis: Statement of Affairs as reported · amount: 727940.22 · debtor: 1296972 B.C. Ltd. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- provinceBritish Columbia