Quebec · NOI
Trustee’s Application to Court to Refuse Approval of the Debtor’s Re-amended Proposal – dated October 20, 2026
Application / notice of application · 20 October 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 filing3 verified
- unsecured creditorsnote: Regulatory/Crown (deemed-trust class) quasi-debt; post-filing; approximate, stated prior to applicable tax credits; no proof of remittance provided by the Debtor. · page: 3 · basis: Trustee's belief: 'the Trustee has evidence to believe that the amount of the post filing deductions at source not remitted is approximately $257,000.00' · amount: 257000 · debtor: Mobi724 Global Solutions Inc. · creditor: Post-filing employee source deductions (unremitted, owed to taxation authorities) · currency: CAD
- unsecured creditorsnote: Post-filing administrative fees, unpaid; amount approximate, taxes extra. · page: 3 · basis: Trustee's statement: outstanding fees for post-filing work 'approximately $230,000.00 plus taxes' · amount: 230000 · debtor: Mobi724 Global Solutions Inc. · creditor: Post-filing professional fees (Trustee and its legal counsel) · currency: CAD
- recovery outcomeentries: basis: plan · quote: shall be settled in full by the payment of a dividend, on a pro rata basis out of the Settlement Fund Ordinary Claims of $320,000.00 THREE HUNDRED AND TWENTY THOUSAND DOLLARS payable July 1, 2026 $160,000.00, and February 1, 2027 $160,000.00 · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · amount low: 320000 · amount high: 320000 · class label: Ordinary Claims · interim final: unstated · conditional on: payable $160,000.00 on July 1, 2026 and $160,000.00 on February 1, 2027, after payment of preferred claims; the Debtor did not make the first instalment · claims qualifier: unstated · table missing: