Looks like fraud
The founder left the country, and so the company didn't have the password when he left, isn't that odd in its own right?
He left to 'set up an orphanage'.... did he work for QuadrigaCX or abroad running an orphanage? Because both would be full time jobs.
Setting up an orphanage, I'd expect him to set up a 'Crohns disease foundation', it also seems to be to paint him in a positive light.... "he couldn't have stolen the money... look he sets up orphanages in his 'spare' time!".. where is the orphanage?
India... far away not easy for Canadians to check...
It looks like an obvious fraud, he could be somewhere in India having done a runner. The certificate is irrelevant, it just means some doctor has filed some paperwork to the correct department. The obvious next step would be to contact the Gastroenterology of Fortis hospital Jaipur and verify they signed off on it, and then verify the identity of the person they signed off on was him (since id would be simply his wife confirming the body is him).
Instead of starting out from the *claim*, start out from the *evidence*.
It's like the "Russian bank has $10 billion loan to Africa state"... and everyone makes jokes about Nigerian scammers.... as if the claim was real. But this is VTB Bank, the Russian (US sanctioned) bank. The one funding Trump Tower Moscow deal, the 250 room building with fee to Trump totalling $130 million.... i.e. half a million dollars per room licensing fee for use of the name "Trump". A bank doesn't suddenly mistakenly think it has a $10 billion loan out to an African state and not notice! Yet it reported it as true when balancing its books, and people start from the idea that their report is true, and they try to explain how they could have make such a mistake! Claiming Nigerian scammers!
The evidence here is that the founder left the country, claiming to be off to do another job, taking the keys with him, far away, and all that money is gone.... how did that work when he was abroad anyway? Did he personally do the transfers... it doesn't smell right.