Ontario · Bankruptcy
Creditors package
Meeting materials · 1 September 2021
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 filing4 verified
- commencement date17 August 2021
- court file no31-2759568
- provinceOntario
- financial positionnote: Components per Statement of Affairs: Unsecured creditors per list A: 600,600.00; Secured creditors per list B: 193.00 (balance of secured claim 1,284,867.00); Preferred creditors per list C: 0.00; Contingent/trust claims per list D: not stated; Total unsecured creditors line shows 1,885,467.00; stated 'Total liabilities' figure of 1,000,000.0 appears inconsistent with the sum of listed liability components and the stated Deficiency of 1,885,467.00 (Total assets 193.00 minus Total liabilities). Assets are almost entirely cash on hand (193.00) with all other categories nil. · as at: 2021-08-16 · basis: Statement of Affairs (Business Bankruptcy) as stated and estimated by the officer (bankrupt), sworn declaration · scope: entity - Organic Hill Corp. · currency: CAD · total assets: 193 · total liabilities: 1000000