Ontario · Bankruptcy
Notice of Bankruptcy
Notice to creditors · 2 October 2024
A plain-language read of this filing opens with a subscription.
What we verified from this filing19 verified
- appointeeCrowe Soberman Inc.
- appointee roletrustee
- commencement date26 September 2024
- court file no31-3133515
- provinceOntario
- statutory basisSubsection 102(1) of the Act
- financial positionnote: Deficiency of $21,333.31 stated on Statement of Affairs; secured creditors total $27,000.00, preferred/priority claims $0.00, unsecured claims $262,591.31 · page: 2 · as at: 2024-09-26 · basis: Statement of Affairs as stated and estimated by bankrupt/debtor · scope: Innovonix Ltd. aka O.NIX (formerly known as Onix Technologies), entity-level · currency: CAD · total assets: 268258 · total liabilities: 289591.31
- secured creditorsnote: Statement of Affairs reports estimated realizable value of security at $6,713.00; total claim $27,000.00 shown as secured with $0.00 unsecured portion · page: 4 · as of: 2024-09-26 · amount: 27000 · debtor: Innovonix Ltd. aka O.NIX (formerly Onix Technologies) · creditor: RBC Royal Bank / Banque Royale · currency: CAD · security: Car loan, asset securing liability: 2019 Mercedes-Benz C-Class (VIN 55SWF8EB3KU320708)
- unsecured creditorsnote: Credit card - bank/trust company issuer · page: 4 · as of: 2024-09-26 · basis: Statement of Affairs as reported · amount: 8400 · debtor: Innovonix Ltd. aka O.NIX · creditor: BMO Mastercard · currency: CAD
- unsecured creditorsnote: Bank loan · page: 4 · as of: 2024-09-26 · basis: Statement of Affairs as reported · amount: 26000 · debtor: Innovonix Ltd. aka O.NIX · creditor: Business Development Bank of Canada - Toronto · currency: CAD
- unsecured creditorsnote: Bank loan (second, separate facility) · page: 4 · as of: 2024-09-26 · basis: Statement of Affairs as reported · amount: 24167 · debtor: Innovonix Ltd. aka O.NIX · creditor: Business Development Bank of Canada - Toronto · currency: CAD
- unsecured creditorsnote: CEBA loan · page: 4 · as of: 2024-09-26 · basis: Statement of Affairs as reported · amount: 60700 · debtor: Innovonix Ltd. aka O.NIX · creditor: BMO Bank of Montreal (formerly MBanx) · currency: CAD
- unsecured creditorsnote: Lease · page: 4 · as of: 2024-09-26 · basis: Statement of Affairs as reported · amount: 5350 · debtor: Innovonix Ltd. aka O.NIX · creditor: Inpace Technologies Inc. · currency: CAD
- unsecured creditorsnote: Bank loan except real property mortgage · page: 4 · as of: 2024-09-26 · basis: Statement of Affairs as reported · amount: 120802.31 · debtor: Innovonix Ltd. aka O.NIX · creditor: BMO Bank of Montreal (formerly MBanx) · currency: CAD
- unsecured creditorsnote: Vendor · page: 4 · as of: 2024-09-26 · basis: Statement of Affairs as reported · amount: 2825 · debtor: Innovonix Ltd. aka O.NIX · creditor: Transworld Business Advisors of Ontario · currency: CAD
- unsecured creditorsnote: Vendor · page: 5 · as of: 2024-09-26 · basis: Statement of Affairs as reported · amount: 3278 · debtor: Innovonix Ltd. aka O.NIX · creditor: Hellman Worldwide Logistics Inc. (Canada) · currency: CAD
- unsecured creditorsnote: Vendor · page: 5 · as of: 2024-09-26 · basis: Statement of Affairs as reported · amount: 7000 · debtor: Innovonix Ltd. aka O.NIX · creditor: DSV Air & Sea Inc · currency: CAD
- unsecured creditorsnote: Vendor · page: 5 · as of: 2024-09-26 · basis: Statement of Affairs as reported · amount: 4068 · debtor: Innovonix Ltd. aka O.NIX · creditor: Ziemer, Reiner · currency: CAD
- unsecured creditorsnote: Taxes federal/provincial/municipal; crown debt · page: 5 · as of: 2024-09-26 · basis: Statement of Affairs as reported · amount: 1 · debtor: Innovonix Ltd. aka O.NIX · creditor: CRA - Tax - Ontario · currency: CAD