Ontario · Bankruptcy
Trustee’s Report to the Creditors on Preliminary Administration dated July 31, 2026
Court officer report · 31 July 2026
A plain-language read of this filing opens with a subscription.
What we verified from this filing9 verified
- court file no35-3397310
- provinceOntario
- appointeeTDB Restructuring Limited
- appointee roletrustee
- commencement date13 July 2026
- financial positionnote: Subsequent to filing, Trustee recovered approximately $192,648 from CMI's bank account, comprised of approximately $152,675 GST/HST refunds, $15,820 from sale of racking, and balance from other asset dispositions, all received prior to date of bankruptcy. · page: 2 · as at: 2026-07-13 · basis: Statement of Affairs sworn July 13, 2026 (estimated realizable value) · scope: Cabinovo Modular Inc. (single entity, bankrupt estate) · currency: CAD · total assets: 333506.7
- unsecured creditorsnote: Preferred class; Statement of Affairs figure was $180,259.23; document names no individual creditors. · page: 3 · as of: 2026-07-31 · basis: Claims filed as of 9:00 a.m. July 31, 2026 · amount: 188811.36 · debtor: Cabinovo Modular Inc. · creditor: Preferred creditors (aggregate as reported) · currency: CAD
- unsecured creditorsnote: Statement of Affairs figure was $8,487,491.40; document names no individual creditors; Trustee will review differences between claims filed and Statement of Affairs prior to distribution. · page: 3 · as of: 2026-07-31 · basis: Claims filed as of 9:00 a.m. July 31, 2026 · amount: 350049.17 · debtor: Cabinovo Modular Inc. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- secured creditorsnote: Trustee has not obtained independent legal opinion regarding validity/enforceability of security; matter to be discussed with inspectors. · page: 4 · as of: 2026-07-14 · debtor: Cabinovo Modular Inc. · creditor: Vault Credit Corporation (operating as Questor Financial Corp.) · currency: CAD · security: Registered security interest against Company's assets under PPSA (per PPSA search); leased IT equipment