Nova Scotia · Bankruptcy
Trustee Preliminary Report dated October 14, 2025.
Court officer report · 14 October 2025
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 filing10 verified
- court file no46195
- appointeeGrant Thornton Limited
- appointee roleLicensed Insolvency Trustee
- commencement date14 October 2025
- statutory basiss. 49(1) of the Bankruptcy and Insolvency Act R.S.C., 1985 c. C-3, as amended
- financial positionnote: Company has no assets in these Bankruptcy proceedings; creditor listing per statement of affairs totals $3,207,703 (Sanstone Investments Limited $2,729,298; Atlantic Canada Opportunities Agency $431,883; Wilson Equipment Limited $46,521; Canada Revenue Agency $1) · as at: 2025-10-02 · basis: sworn statement of affairs · scope: entity - 3285636 Nova Scotia Limited · currency: CAD · total assets: 0 · total liabilities: 3207703
- operational summaryThe Company sold all its assets and operations in a 2022 transaction and has no remaining assets or employees, having become functionally insolvent; the Trustee is winding up the Company through bankruptcy with no expected recovery for creditors.
- professional feesnote: Third-party retainer from Sanstone Investments Limited to pay Trustee's fees, as there are no assets of the Company · party: Grant Thornton Limited (Trustee) · amount: 25000 · currency: CAD
- report date14 October 2025
- report noPreliminary Report