Pension Plan for the Employees of I. I. Nash Associates Limited - April 8, 2009.

IN THE MATTER OF the Pension Benefits Act, R.S.O. 1990, c. P.8, as amended (the “PBA”);

AND IN THE MATTER of a Proposal of the Superintendent of Financial Services to make an Order under section 69 of the PBA, respecting the Pension Plan for the Employees of I. I. Nash Associates Limited Registration Number 457887

TO:

Dominic Muro
Consultant, Legislation and Plan Governance
The Standard Life Assurance Company
1245 Sherbrooke St. W.
Montreal, Quebec H3G 1G3

Administrator

AND TO:

Kwong Fong
Plan Administrator
I.I. Nash Associates Limited
105 Gordon Baker Road
Suite 418
North York, ON M2H 3P8

Employer

AND TO:

Brandon Smith
Estate Administrator
IRA Smith Trustee & Receiver Inc.
25 St. Clair Avenue East
6th Floor
Toronto, ON M4T 1M2

Trustee in Bankruptcy

 

ORDER

No request requiring a hearing was delivered to the Financial Services Tribunal within the time prescribed by subsection 89(6) of the PBA requesting a Notice of Proposal to make an Order to wind up the Pension Plan for the Employees of I. I. Nash Associates Limited (the “Plan”).

IT IS THEREFORE ORDERED that the Plan be wound up in full effective April 30, 2008 for the following reasons:

The employer is bankrupt within the meaning of the Bankruptcy and Insolvency Act (Canada).

DATED at Toronto, Ontario, this 8th day of April, 2009.     

________________________________________

Brian Mills
Director, Pension Plans Branch
by Delegated Authority from
the Superintendent of Financial Services

                 

                                                                                                                                               

 

 



 
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