What we verified from this filing8 verified
- appointeeDodick Landau Inc.
- appointee roleTrustee in Bankruptcy
- commencement date22 January 2024
- court file no32-3029454
- provinceOntario
- financial positionnote: Assets comprised of cash on hand $32,056.22, Tangible Assets (inventory and fixed assets) estimated net realizable value $51,000, and accounts receivable estimated at approximately $16,000, per Statement of Affairs; total liabilities not stated as a single figure (secured claim ~$1.5 million CRA plus unsecured claims $978,425.14 reported separately, not summed per reporting rules). · page: 2 · basis: Statement of Affairs estimates · scope: Entity - 1665356 Ontario Ltd. (o/a Elite Air Systems) · currency: CAD · total assets: 99056.22
- secured creditorsnote: Reported as approximate ('approximately $1.5 million'); deemed trust class claim listed as the sole secured creditor in the Statement of Affairs. · page: 2 · as of: Statement of Affairs · amount: 1500000 · debtor: 1665356 Ontario Ltd. (o/a Elite Air Systems) · creditor: Canada Revenue Agency (CRA) · currency: CAD · security: Deemed trust claim for unpaid payroll taxes
- unsecured creditorsnote: Document names no individual creditors; distinct from the 14 proofs of claim totalling $183,209.21 actually filed as of the date of the report. · page: 2 · as of: Statement of Affairs · basis: Statement of Affairs lists approximately one hundred unsecured creditors with potential provable claims · amount: 978425.14 · debtor: 1665356 Ontario Ltd. (o/a Elite Air Systems) · creditor: Unsecured creditors (aggregate as reported) · currency: CAD