Ontario · Bankruptcy
Notice of Bankruptcy and First Meeting of Creditor including the Creditors package
Meeting materials · 21 May 2026
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 filing1 verified
- financial positionnote: Stated total assets 1.00 (TD Canada Trust bank account at nominal value 1.00; all other asset lines 0.00). Liabilities: secured 0.00, preferred 0.00, unsecured 99,885.95, contingent/trust/other 1.00, total 99,886.95. Deficiency shown as -99,885.95. Statement dated 13-May-2026 (bankruptcy date on the Form 78 is the 13th day of May 2026; the Form 31 proof of claim names the 15th day of May 2026). Stated reason for financial difficulty: tax liabilities (CRA collection, operations ceased October 2023). · as at: 2026-05-13 · basis: Form 78 Statement of Affairs (Corporate Bankruptcy) as stated and estimated by the bankrupt/debtor; original (not amended) · scope: CDesign Concept Inc. (single entity, not consolidated) · currency: CAD · total assets: 1 · total liabilities: 99886.95