Quebec · Bankruptcy

Notice of Bankruptcy and First meeting of Creditors

Notice to creditors · 11 July 2022

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financial positionnote: Deficiency of $10,575,614.57 reported; total liabilities comprised of unsecured creditors $2,586,259.53, balance of secured claims $7,989,355.04, preferred creditors $0.00, and contingent/trust claims $0.00; preferred creditors (List C) and contingent liabilities (List D) both reported as NIL/$0.00 · page: 2 · as at: 2022-07-04 · basis: Statement of Affairs (Form 78), as stated and estimated by the officer (court-appointed Receiver) · scope: entity - Société en commandite Industriel-Léger · currency: CAD · total assets: 10056811.96 · total liabilities: 20632426.53
unsecured creditorspage: 3 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 317.51 · debtor: Société en commandite Industriel-Léger · creditor: Le peintre de l'Estrie inc. · currency: CAD
unsecured creditorsnote: quasi-governmental claim (CRA) · page: 3 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 1 · debtor: Société en commandite Industriel-Léger · creditor: ARC - Taxe - Québec (Shawinigan-Sud National Verification and Collection Centre) · currency: CAD
unsecured creditorsnote: listed as unsecured despite bank status; guarantee referenced (Garantie Kanwal - related party guarantor) · page: 3 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 2500000 · debtor: Société en commandite Industriel-Léger · creditor: BMO Banque de Montréal · currency: CAD
unsecured creditorspage: 3 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 1 · debtor: Société en commandite Industriel-Léger · creditor: Commission Scolaire de la Région-de-Sherbrooke · currency: CAD
unsecured creditorspage: 3 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 1 · debtor: Société en commandite Industriel-Léger · creditor: Commission Scolaire des Sommets · currency: CAD
unsecured creditorsnote: balance of secured claim under List B unrealized by security value, treated as unsecured deficiency per Form 78 · page: 3 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 7989355.04 · debtor: Société en commandite Industriel-Léger · creditor: FWCU Capital Corp. · currency: CAD
unsecured creditorspage: 3 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 495.49 · debtor: Société en commandite Industriel-Léger · creditor: GNR CORBUS · currency: CAD
unsecured creditorspage: 3 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 1 · debtor: Société en commandite Industriel-Léger · creditor: Hydro Sherbrooke · currency: CAD
unsecured creditorspage: 3 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 1158.95 · debtor: Société en commandite Industriel-Léger · creditor: Lapalme Germain & fils inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 4988.51 · debtor: Société en commandite Industriel-Léger · creditor: Maçonnerie René Roy inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 1739 · debtor: Société en commandite Industriel-Léger · creditor: Marquage première ligne · currency: CAD
unsecured creditorspage: 3 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 44255.81 · debtor: Société en commandite Industriel-Léger · creditor: McMillan LLP - Montréal · currency: CAD
unsecured creditorspage: 3 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 1165 · debtor: Société en commandite Industriel-Léger · creditor: Me Vikas Sawhney, notaire · currency: CAD
unsecured creditorspage: 3 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 310.88 · debtor: Société en commandite Industriel-Léger · creditor: Multi Clés serrurier expert · currency: CAD
unsecured creditorspage: 3 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 109.23 · debtor: Société en commandite Industriel-Léger · creditor: 6986072 Canada Inc, (Univers aspirateur) · currency: CAD
unsecured creditorspage: 3 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 2909.15 · debtor: Société en commandite Industriel-Léger · creditor: 9288-1820 QUÉBEC INC. (ENTREPRISE MG) · currency: CAD
unsecured creditorspage: 3 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 107.62 · debtor: Société en commandite Industriel-Léger · creditor: ADT Security Services Canada Inc. · currency: CAD
unsecured creditorsnote: quasi-governmental claim (Revenu Québec) · page: 3 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 1073.1 · debtor: Société en commandite Industriel-Léger · creditor: Agence du revenu du Québec (Direction régionale du recouvrement) · currency: CAD
unsecured creditorsnote: quasi-governmental claim (Revenu Québec - TPS) · page: 3 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 4270.69 · debtor: Société en commandite Industriel-Léger · creditor: Agence du revenu du Québec (TPS) · currency: CAD
unsecured creditorspage: 4 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 669.15 · debtor: Société en commandite Industriel-Léger · creditor: Solution Thermo · currency: CAD
unsecured creditorspage: 4 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 1494.66 · debtor: Société en commandite Industriel-Léger · creditor: Tourbe Serge Robert (Déneigement) · currency: CAD
unsecured creditorspage: 4 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 5221 · debtor: Société en commandite Industriel-Léger · creditor: Palais de justice de Sherbrooke (100400-1117725137) · currency: CAD
unsecured creditorspage: 4 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 8066.34 · debtor: Société en commandite Industriel-Léger · creditor: Protek mécanique · currency: CAD
unsecured creditorspage: 4 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 316.18 · debtor: Société en commandite Industriel-Léger · creditor: RS SERVICES IMMOBILIERS · currency: CAD
unsecured creditorspage: 4 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 380.94 · debtor: Société en commandite Industriel-Léger · creditor: Vertdure Sherbrooke · currency: CAD
unsecured creditorsnote: municipal taxes claim shown at nominal $1.00 · page: 4 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 1 · debtor: Société en commandite Industriel-Léger · creditor: Ville de Magog · currency: CAD
unsecured creditorsnote: municipal taxes claim shown at nominal $1.00 · page: 4 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 1 · debtor: Société en commandite Industriel-Léger · creditor: Ville de Sherbrooke · currency: CAD
unsecured creditorspage: 4 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 1983.32 · debtor: Société en commandite Industriel-Léger · creditor: Yvon Daigle Multiservices · currency: CAD
unsecured creditorspage: 4 · as of: 2022-07-04 · basis: Statement of Affairs (Form 78), List A as reported · amount: 5221 · debtor: Société en commandite Industriel-Léger · creditor: Palais de justice de Sherbrooke (100400-1117725129) · currency: CAD
secured creditorsnote: Statement of Affairs (Form 78), List B; estimated value of security equals claim amount, no surplus/deficiency shown · page: 5 · as of: 2022-07-04 · amount: 4300000 · debtor: Société en commandite Industriel-Léger · creditor: 9286-2929 Québec inc. · currency: CAD · security: Real Property or Immovable - Building and Land, given 18-Dec-2018
secured creditorsnote: Statement of Affairs (Form 78), List B · page: 5 · as of: 2022-07-04 · amount: 1300000 · debtor: Société en commandite Industriel-Léger · creditor: Consolidated Capital G.P. · currency: CAD · security: Real Property or Immovable - Building and Land, given 05-Oct-2017
secured creditorsnote: Statement of Affairs (Form 78), List B; estimated value of security $4,456,811.96, leaving unsecured deficiency balance of $7,989,355.04 reported also in List A unsecured creditors · page: 5 · as of: 2022-07-04 · amount: 12446167 · debtor: Société en commandite Industriel-Léger · creditor: FWCU Capital Corp. · currency: CAD · security: Real Property or Immovable - Building and Land, given 07-Jul-2016