Ontario · Bankruptcy
Notice of Bankruptcy and First Meeting of Creditors including creditors package.
Meeting materials · 5 March 2025
A plain-language read of this filing opens with a subscription.
What we verified from this filing21 verified
- appointeeGoldhar & Associates Ltd.
- appointee roletrustee
- commencement date5 March 2025
- court file no32-3194409
- provinceOntario
- statutory basisSubsection 102(1) of the Act
- financial positionnote: Deficiency of $403,187.11 stated; secured creditors line totals $2,558.02, unsecured $403,186.11, preferred $0.00, contingent/trust $1.00. · page: 3 · as at: 2025-03-04 · basis: Statement of Affairs as stated and estimated by bankrupt/debtor · scope: 1992789 Ontario Inc. (single entity, corporate bankrupt) · currency: CAD · total assets: 2558.02 · total liabilities: 405745.13
- unsecured creditorsnote: Franchisor; nil balance stated; placeholder marked. · page: 5 · as of: 2025-03-04 · basis: Statement of Affairs as reported · amount: 0 · debtor: 1992789 Ontario Inc. · creditor: 2082100 Ontario Inc. · currency: CAD
- unsecured creditorsnote: Corporate taxes; deemed trust/CRA class. · page: 5 · as of: 2025-03-04 · basis: Statement of Affairs as reported · amount: 1 · debtor: 1992789 Ontario Inc. · creditor: CRA - Tax - Ontario (Corporate Tax) · currency: CAD
- unsecured creditorsnote: GST/HST for 2022; deemed trust/CRA class. · page: 5 · as of: 2025-03-04 · basis: Statement of Affairs as reported · amount: 707.53 · debtor: 1992789 Ontario Inc. · creditor: CRA - Tax - Ontario (GST/HST for 2022) · currency: CAD
- unsecured creditorsnote: Employee source deductions; deemed trust/CRA class; also $1.00 listed as contingent/trust claim. · page: 5 · as of: 2025-03-04 · basis: Statement of Affairs as reported · amount: 1 · debtor: 1992789 Ontario Inc. · creditor: CRA - Tax - Ontario (Payroll - Employee source deductions) · currency: CAD
- unsecured creditorsnote: CEBA loan; nil balance stated; placeholder marked. · page: 5 · as of: 2025-03-04 · basis: Statement of Affairs as reported · amount: 0 · debtor: 1992789 Ontario Inc. · creditor: Export Development Canada · currency: CAD
- unsecured creditorsnote: Shareholder loan; related party (director/shareholder of debtor). · page: 5 · as of: 2025-03-04 · basis: Statement of Affairs as reported · amount: 58000 · debtor: 1992789 Ontario Inc. · creditor: Golam Khandaker · currency: CAD
- secured creditorsnote: Total claim of $87,731.20 bifurcated: $85,173.18 unsecured and $2,558.02 secured per Statement of Affairs; listed as 'Customer of a bankrupt securities firm' ground for priority (likely form error). · page: 6 · as of: 2025-03-04 · amount: 2558.02 · debtor: 1992789 Ontario Inc. · creditor: RBC Royal Bank · currency: CAD · security: General Security Agreement dated 15-Jun-2019 over asset 101,1101 (deposits in financial institutions; machinery, equipment and plant)
- unsecured creditorsnote: Tax; nil balance stated; placeholder marked; regulatory/tax class. · page: 6 · as of: 2025-03-04 · basis: Statement of Affairs as reported · amount: 0 · debtor: 1992789 Ontario Inc. · creditor: Ministry of Finance - ON PST, EHT & Other Taxes · currency: CAD
- unsecured creditorspage: 6 · as of: 2025-03-04 · basis: Statement of Affairs as reported · amount: 69444.31 · debtor: 1992789 Ontario Inc. · creditor: RBC Royal Bank (Business Loan) · currency: CAD
- unsecured creditorsnote: Second, distinct business loan from RBC. · page: 6 · as of: 2025-03-04 · basis: Statement of Affairs as reported · amount: 115277.75 · debtor: 1992789 Ontario Inc. · creditor: RBC Royal Bank (Business Loan) · currency: CAD
- unsecured creditorspage: 6 · as of: 2025-03-04 · basis: Statement of Affairs as reported · amount: 60938.6 · debtor: 1992789 Ontario Inc. · creditor: RBC Royal Bank Visa (Visa Credit Line) · currency: CAD
- unsecured creditorsnote: Rent owed (landlord). · page: 6 · as of: 2025-03-04 · basis: Statement of Affairs as reported · amount: 3642.74 · debtor: 1992789 Ontario Inc. · creditor: Second Real Properties Limited · currency: CAD
- unsecured creditorsnote: Employee insurance; nil balance stated; placeholder marked. · page: 6 · as of: 2025-03-04 · basis: Statement of Affairs as reported · amount: 0 · debtor: 1992789 Ontario Inc. · creditor: Workplace Safety and Insurance Board · currency: CAD
- unsecured creditorsnote: Arrears of wages; ground for priority listed as 'Owed wages' but recorded fully as unsecured; possible related party given shared address with shareholder. · page: 6 · as of: 2025-03-04 · basis: Statement of Affairs as reported · amount: 10000 · debtor: 1992789 Ontario Inc. · creditor: Masruka Akhter · currency: CAD