M3 Steel (Kamloops) Ltd.(the “Company”)
On September 29, 2011 the Company filed an assignment into Bankruptcy and The Bowra Group Inc. was appointed as Trustee in Bankruptcy. The First Meeting of Creditors in the Bankruptcy was held on October 21, 2011.
On September 21, 2011, The Bowra Group Inc. became Receiver by virtue of being appointed by the Bank of Montreal pursuant to its General Security Agreement dated March 20, 2006.
12/2/2011 12:00 AM
The Company filed a Notice of Intention to make a proposal “NOI” on October 21, 2012. The stay of proceedings against the Company was initially in effect Until November 20, 2012; subsequently the Company obtained further extensions to April 4, 2013.
The Company failed to file a proposal or seek an extension of the stay by April 4, 2013.
The Company was deemed to have filed an assignment into bankruptcy on April 5, 2013.
The First Meeting of Creditors was to be held on April 26, 2013.
The First Meeting of Creditors in the Bankruptcy was held on October 21, 2011.