On August 13, 2024 (“Wholly Veggie” or the “Company”) filed a Notice of Intention to Make a Proposal (“NOI”) pursuant to Section 50.4(1) of the Bankruptcy and Insolvency Act (Canada) (“BIA”) and PricewaterhouseCoopers Inc., LIT (“PwC”) was named as the Licensed Insolvency Trustee under the NOI (the “Proposal Trustee”).
On August 26, 2024 the Ontario Superior Court of Justice Commercial List (the “Court”) issued an order (the “SISP Approval, Stay Extension and Charges Approval Order”) extending the time for Wholly Veggie to file its Proposal and the Stay Period to and including October 25, 2024.
On October 26, 2024, Wholly Veggie was deemed bankrupt as no proposal was filed before or on October 25, 2024 by the Company and PwC was appointed as Licensed Insolvency Trustee of the bankrupt estate of Wholly Veggie (the “Bankruptcy Trustee”).
On November 1, 2024, the notice of the bankruptcy and the first meeting of creditors, a proof of claim form and materials relating to the bankruptcy proceedings (the “Bankruptcy Notice”) was sent by the Bankruptcy Trustee to all known creditors of the Company, pursuant to the provisions of the BIA. The Bankruptcy Notice is posted on the “Notices and List of Creditors” section of the website.
Be advised that the first meeting of creditors (the “Meeting”) will be held virtually at the following date and time on Google Meet platform:
Date and time: November 12, 2024, 11 a.m. (Toronto Time)
Link: https://meet.google.com/zqa-tcfx-ghf
Dial-in: 1-567-978-0130
PIN: 684-777-641 #
This page is for information purposes only and you should consult your professional adviser.
This page is for information purposes only and you should consult your professional adviser.
This page is for information purposes only and you should consult your professional adviser.
This page is for information purposes only and you should consult your professional adviser.