Ontario · Winding-up (provincial)

Application Record returnable October 17, 2013

Application / notice of application · 4 October 2013

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 filing3 verified

proceeding typewinding_up_provincial
statutory basisSECTION 207 OF THE BUSINESS CORPORATIONS ACT, R.S.O. 1990, c. B.16, AS AMENDED
recovery outcomeentries: basis: estimated · quote: While there is no guarantee as to the amount of the shareholder distribution, Diversinet currently expects to distribute a per share amount in the range of $0.05 to $0.065 based on recent estimates of anticipated claims and obligations to be settled. · pct of: unstated · outcome: distribution · class key: equity · stated by: debtor · amount low: 0.05 · amount high: 0.05 · class label: Shareholders · interim final: unstated · claims qualifier: unstated · table missing: