Ontario · Receivership (court-appointed)
246(2) newsweb may 28-14.pdf
Court officer report · 12 August 2014
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
- disbursementsnote: Includes transfer to Multimedia Nova Corporation trust account $30,184.44, clean up costs $16,122.14, utilities $9,105.99, HST paid $3,276.81, filing fee $70.00, bank charges $8.50. Excess of receipts over disbursements is $4,029.61. · since: appointment as Receiver, through May 28, 2014 · amount: 58767.88 · currency: CAD
- operational summaryAll assets have been realized upon to the extent possible. Realizations will not be sufficient to repay secured creditors, so no funds will be available for other creditors.
- receipts cumulativenote: Sale of assets - net minimum guarantee deposit $62,500.00 plus accounts receivable $297.49 · since: appointment as Receiver, through May 28, 2014 · amount: 62797.49 · currency: CAD
- report date12 August 2014