British Columbia · Bankruptcy
Approval and Reverse Vesting Order
Reverse vesting order · 14 June 2024
Also filed as: Order Approving Proposal
What we verified from this filing12 verified
- applicantLotus Ventures Inc.
- appointeeMNP Ltd.
- appointee roleproposal trustee
- commencement date14 June 2024
- courtTHE SUPREME COURT OF BRITISH COLUMBIA
- court file noB-240063
- statutory basisBankruptcy and Insolvency Act, R.S.C. 1985, c. B-3
- closing termsClosing occurs upon issuance of Proposal Trustee's Certificate confirming satisfaction/waiver of conditions precedent, following the Closing Sequence set out in the Agreement.
- order date14 June 2024
- outside date15 July 2024
- purchaser5008679 Ontario Limited
- residualcoLotus Cannabis Alberta Incorporated