Ontario · Bankruptcy
Preliminary Report
Pre-filing report · 13 December 2024
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What we verified from this filing12 verified
- applicantZCS Akis Engineers Inc.
- commencement date17 October 2024
- court file noBK-24-00208707-OT31
- provinceONTARIO
- unsecured creditorsnote: Related party: ZCS is the holding company of Mr. Sumeru Kumar, director/officer of the debtor · page: 1 · as of: bankruptcy application (order granted October 17, 2024) · basis: Court found the debt owed to ZCS proven in the bankruptcy application brought by ZCS · amount: 148885 · debtor: Attesta International Safety Certification Inc. · creditor: ZCS Akis Engineers Inc. · currency: CAD
- financial positionnote: Assets comprised of computers/equipment (~$6,700), vehicle equity (~$5,000), subsidiary shares (~$7,000), cash on hand ($2,985), and accounts receivable estimated to realize $20,000. No aggregate liabilities figure stated; individual claim classes reported separately (see unsecured_creditors). · page: 2 · as at: 2024-12-13 · basis: Trustee's current estimate of net realizable value · scope: Debtor entity only - Attesta International Safety Certification Inc. · currency: CAD · total assets: 41700
- unsecured creditorsnote: Document names no individual creditors. Separately, three proofs of claim from unsecured creditors totaling $217,841.12 (two of which are from the same creditor) have been received to date and remain subject to Trustee's review. · page: 2 · as of: Statement of Affairs · basis: Statement of Affairs lists 14 creditors with potential provable claims, as reported · amount: 206541 · debtor: Attesta International Safety Certification Inc. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- unsecured creditorsnote: Preferred/super priority class; amount stated is a per-employee cap ($2,000 each), not an aggregate total. May be funded via WEPP with reimbursement to WEPP if so. · page: 2 · as of: date of bankruptcy · basis: Three former employees are creditors per Company records; super priority claims of up to $2,000 each under BIA · debtor: Attesta International Safety Certification Inc. · creditor: Former employees (super priority wage claims) · currency: CAD
- unsecured creditorsnote: Deemed trust class (unremitted source deductions); figure is an estimate/forecast of anticipated distribution, not an audited claim amount · page: 2 · as of: anticipated distribution (report dated December 13, 2024) · basis: Approximately $13,000 to be paid to CRA for unremitted source deductions per anticipated distribution · amount: 13000 · debtor: Attesta International Safety Certification Inc. · creditor: Canada Revenue Agency · currency: CAD
- unsecured creditorsnote: Preferred class (BIA); document does not name the individual preferred creditors · page: 2 · as of: date of this report (December 13, 2024) · basis: Three proofs of claim received from preferred creditors, subject to Trustee's review · amount: 94557.37 · debtor: Attesta International Safety Certification Inc. · creditor: Preferred creditors (aggregate proofs of claim) · currency: CAD
- appointeeDODICK LANDAU INC.
- appointee roleTrustee in Bankruptcy