Kaiser Steel Ltd. is a private company incorporated in British Columbia and has operated out of premises in Vancouver, B.C since 2016.
It is in the business of steel fabrication and erection for the construction industry.
On October 14, 2022, Kaiser Steel Ltd. file a Notice of Intention to make a Proposal with the Office of the Superintendent of Bankruptcy under subsection 50.4(1) of the Bankruptcy and Insolvency Act.
On November 10, 2022, an application to request an extension for filing a Proposal was filed in the Supreme Court of British Columbia. It was ordered that the time for filing of a Proposal by Kaiser Steel Ltd. be extended from November 13, 2022, to December 28, 2022.
The Company did not file a Proposal to its creditors by December 28, 2022 and was deemed bankrupt on December 29, 2022. The Bowra Group Inc. / MNP Ltd. was appointed Licenced Insolvency Trustee on this date.
The first meeting of creditors will be held via teleconference on January 18, 2023 at 10:30 AM PST. Call in details can be found in the creditors package posted below.