Ontario · Receivership (court-appointed)
Interim Report Under Section 246(2) to March 18, 2015
Court officer report · 18 March 2015
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What we verified from this filing7 verified
- cash on handnote: Combined CDN$ and US$ (converted to CDN$) balance available at Receiver and RBC accounts as at end of reporting period. · as at: 2015-03-18 · amount: 439784.39 · currency: CAD
- disbursementsnote: Total disbursements for the period September 18, 2013 to March 18, 2015. · since: September 18, 2013 · amount: 2916127.7 · currency: CAD
- operational summaryThe receivership is winding down with the Receiver working to recover outstanding HST refunds; a shortfall to the secured creditor is expected, so no funds will be available for distribution to other creditors.
- receipts cumulativenote: Total receipts for the period September 18, 2013 to March 18, 2015. · since: September 18, 2013 · amount: 3349768.24 · currency: CAD
- recovery outcomeentries: basis: unstated · quote: As there will be a shortfall to the secured creditor, there will not be funds available for distribution to creditors. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: secured creditor · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: As there will be a shortfall to the secured creditor, there will not be funds available for distribution to creditors. · pct of: unstated · outcome: nil · stated by: receiver · class label: creditors · interim final: unstated · claims qualifier: unstated · stated on: 2015-07-21 · table missing:
- report date21 July 2015
- report noInterim Report under Section 246(2)