Ontario · Bankruptcy
Preliminary Report of the Trustee - dated
Court officer report · 15 July 2022
What we verified from this filing12 verified
- appointeeMNP Ltd.
- appointee roleTrustee
- commencement date28 June 2022
- court file no32-2842775
- proceeding typebia_bankruptcy
- provinceOntario
- statutory basissubsection 102(4) of the Bankruptcy and Insolvency Act
- financial positionnote: PPSA search conducted June 13, 2022 revealed no results (no secured creditors); Trustee anticipates very limited, if any, realizations and no distributions to unsecured creditors; secured and preferred claims per SOA and claims filed are both Nil. · page: 2 · basis: SOA · scope: entity - 2420598 Ontario Inc. · currency: CAD
- unsecured creditorsnote: No individual creditors named; nil claims filed as at July 14, 2022 5:00 p.m. · page: 2 · as of: Statement of Affairs · basis: Statement of Affairs as reported · amount: 543611.42 · debtor: 2420598 Ontario Inc. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- unsecured creditorsnote: Contingent claims; nil claims filed as at July 14, 2022 5:00 p.m.; no individual creditors named · page: 2 · as of: Statement of Affairs · basis: Statement of Affairs as reported · amount: 900000 · debtor: 2420598 Ontario Inc. · creditor: Contingent claims (aggregate as reported) · currency: CAD
- recovery outcomeentries: basis: estimated · quote: Given the foregoing and the SOA, the Trustee anticipates very limited, if any, realizations in the estate, and accordingly, no distributions to the Company's unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2022-07-15 · table missing:
- secured creditors