Saskatchewan · Bankruptcy
First Meeting of Creditor Minutes
Meeting materials · 20 July 2026
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What we verified from this filing6 verified
- secured creditorsnote: Filed secured proof of claim; RBC identified as the Company's primary secured creditor; legal opinion on validity/enforceability of security still pending · page: 6 · amount: 295000 · debtor: DTF Capital Inc. · creditor: Royal Bank of Canada (RBC) · currency: CAD · security: General security agreement registered in the Personal Property Registry of Saskatchewan on November 11, 2025
- secured creditorsnote: Franchisor; registration confirmed but no claim amount stated in report · page: 6 · debtor: DTF Capital Inc. · creditor: The Cora Franchise Group Inc. · currency: CAD · security: Registered security interest in assets of the Company per Saskatchewan Personal Property Registry search
- unsecured creditorsnote: Deficiency/unsecured portion of claim by the Company's primary secured creditor · page: 6 · basis: Unsecured proof of claim filed by RBC · amount: 7620.24 · debtor: DTF Capital Inc. · creditor: Royal Bank of Canada (RBC) · currency: CAD
- unsecured creditorsnote: Approximate figure; no individual creditors named. As at date of report, Trustee had separately received 5 proofs of claim from unsecured creditors totalling $356,671.81 (a different, proofs-filed figure). · page: 6 · as of: July 20, 2026 (date of Trustee's Preliminary Report) · basis: Based on the Corporation's books and records, Trustee identified approximately 40 potential unsecured creditors owed approximately $150,000.00 · amount: 150000 · debtor: DTF Capital Inc. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- unsecured creditorsnote: Amount uncertain: GST returns not filed since November 2024 and an interim credit of approximately $20,000 also appears on the account; actual amount owing or refundable cannot be determined until returns filed; CRA has not filed a proof of claim as at date of report · page: 6 · as of: Trustee's most recent review of CRA online business account · basis: CRA online business account balance · amount: 9478.13 · debtor: DTF Capital Inc. · creditor: Canada Revenue Agency (GST) · currency: CAD
- unsecured creditorsnote: Preferred/super-priority claim: portion relating to unpaid wages and vacation pay may be entitled to super-priority under s.81.3 BIA, ranking ahead of secured creditors against current assets; specific amount not stated · page: 6 · basis: Wages owing to each employee as determined by Trustee; Service Canada to be subrogated to employee rights upon WEPP payments · debtor: DTF Capital Inc. · creditor: Employees (unpaid wages/vacation pay; WEPP/Service Canada subrogation) · currency: CAD