Saskatchewan · Bankruptcy
Yorkton Plumbing & Heating Ltd- Creditor Package
Meeting materials · 14 February 2024
A plain-language read of this filing opens with a subscription.
What we verified from this filing15 verified
- proceeding typebia_bankruptcy
- applicantCORNERSTONE CREDIT UNION
- commencement date6 February 2024
- courtCOURT OF KING'S BENCH FOR SASKATCHEWAN IN BANKRUPTCY AND INSOLVENCY
- court file noBKY-RG-00017-2024
- statutory basisBankruptcy and Insolvency Act, RSC 1985, c B-3
- statutory basisparagraph 42(1)(j) of the Bankruptcy and Insolvency Act, RSC 1985, c B-3
- appointeeMNP Ltd.
- appointee roletrustee
- provinceSaskatchewan
- financial positionnote: Total unsecured creditors $3,051,953.45; secured creditors balance $0.00 (List 'B' total nil); preferred creditors nil (List 'C'); contingent/trust claims nil (List 'D'); deficiency of $3,051,953.45 · page: 5 · as at: 2024-02-06 · basis: Statement of Affairs (Form 78), as stated and estimated by the officer · scope: entity - Yorkton Plumbing & Heating Ltd. · currency: CAD · total assets: 0 · total liabilities: 3051953.45
- unsecured creditorsnote: Deemed trust / regulatory class (unremitted GST); bankruptcy order states owed sum of $1,113,221.99 as at May 31, 2023 · page: 6 · as of: 2024-02-06 · basis: Statement of Affairs (Form 78), List 'A' Unsecured Creditors, as stated and estimated by the officer · amount: 1113221 · debtor: Yorkton Plumbing & Heating Ltd. · creditor: CRA - Tax - Prairies (GST) · currency: CAD
- unsecured creditorsnote: Deemed trust class (unremitted employee payroll source deductions); bankruptcy order states owed sum of $1,651,314.43 as at May 31, 2023 · page: 6 · as of: 2024-02-06 · basis: Statement of Affairs (Form 78), List 'A' Unsecured Creditors, as stated and estimated by the officer · amount: 1651314 · debtor: Yorkton Plumbing & Heating Ltd. · creditor: CRA - Tax - Prairies (Source deductions) · currency: CAD
- unsecured creditorsnote: Bankruptcy order lists indebtedness as $287,418.45 as at September 8, 2023; Statement of Affairs (as at bankruptcy date Feb 6, 2024) states same total claim amount · page: 6 · as of: 2024-02-06 · basis: Statement of Affairs (Form 78), List 'A' Unsecured Creditors, as stated and estimated by the officer · amount: 287418.45 · debtor: Yorkton Plumbing & Heating Ltd. · creditor: Cornerstone CU c/o MLT Aikins LLP · currency: CAD
- secured creditors