Ontario · Bankruptcy
Preliminary Report of Trustee
Court officer report · 25 March 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 filing9 verified
- appointeeMNP Ltd.
- appointee roleLicensed Insolvency Trustee
- commencement date5 March 2026
- court file no35-3342534
- proceeding typebia_bankruptcy
- statutory basisBankruptcy and Insolvency Act
- secured creditorsnote: Classified as 'Deemed Trust' creditor class per Statement of Affairs (page 2), not 'Secured' (which the SOA lists as $nil). Figure is approximate per Company records; CRA has not yet confirmed this amount. · page: 3 · amount: 181000 · debtor: Airways Transit Service Limited · creditor: Canada Revenue Agency (CRA) · currency: CAD · security: Deemed trust in priority over all other creditors for unremitted source deductions
- provinceOntario
- recovery outcomeentries: basis: estimated · quote: As such, we do not anticipate there will be any distribution to unsecured creditors in the bankruptcy. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2026-03-25 · table missing: