The Ontario Superior Court of Justice granted a receivership order on March 3, 2026, appointing Grant Thornton Limited receiver and manager of the companies.
Source: Amended and Restated Receivership Order dated March 3, 2026.pdf
1000208457 Ontario Ltd. and 1000360498 Ontario Inc. are in a court-appointed receivership brought by Royal Bank of Canada under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act, with the Ontario Superior Court of Justice appointing Grant Thornton Limited receiver and manager. RBC holds a mortgage against 1000208457 Ontario Ltd.'s property at 248 Bloor Street East, Oshawa, with a balance of $598,077.22 in principal and $56,959.89 in interest, and a CSBFL loan against 1000360498 Ontario Inc. with $261,851.78 in principal and $31,727.33 in interest, plus a $13,931.13 Visa balance owed by that company. Mahdi Zohrab and Elahe Zohrab personally guaranteed the companies' debts up to $600,000 and $83,750 respectively.
The Ontario Superior Court of Justice granted a receivership order on March 3, 2026, appointing Grant Thornton Limited receiver and manager of the companies.
Source: Amended and Restated Receivership Order dated March 3, 2026.pdf
Motion Record of the Receiver Returnable March 3, 2026.pdf — Application / notice of application
4 earlier updates, back to 3 March 2026 — subscribers.
Debtor
1000208457 Ontario Ltd., 1000360498 Ontario Inc.
Receiver
Doane Grant Thornton
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Associate Judge MacLeod | Ontario Superior Court of Justice | 3 orders, Feb 2026 – Mar 2026 | 18 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantRoyal Bank of Canada | Fogler, Rubinoff LLP | 17 Apr 2025 | Application · 17 Apr 2025 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Royal Bank of Canada · in 556 casesMortgage/Charge (Instrument No. DR2225583, principal $600,000.00) and Notice of Assignment of Rents (General) against 248 Bloor Street East, Oshawa; also General Security Agreement (457 GSA) under PPSA — Mortgage Loan balance comprising principal $598,077.22 and interest $56,959.89; per diem interest $125.19 at 7.64% per annum. RBC confirmed by certified PPSA search (currency Jan 21, 2025) as first and only secured registrant, and parcel register (effective Jan 23, 2025) as first and sole mortgagee. — debtor: 1000208457 Ontario Ltd. · as of 22 Jan 2025 | $655K | Application Record Returnable February 6, 2025.pdf |
This proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.
| Date | Document | File |
|---|---|---|
Amended and Restated Receivership Order dated March 3, 2026.pdf
| PDF · Subscribers | |
Endorsement dated March 3, 2026.pdf
| PDF · Subscribers | |
| Motion Record of the Receiver Returnable March 3, 2026.pdf | PDF · Subscribers | |
Order dated February 3, 2026.pdf
| PDF · Subscribers | |
Receivership Order dated May 30, 2025.pdf
| PDF · Subscribers | |
Supplementary Application Record Returnable April 17, 2025.pdf
| PDF · Subscribers | |
Application Record Returnable February 6, 2025.pdf
| PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “1000208457 Ontario Ltd., 1000360498 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/1000208457-ontario-ltd-1000360498-ontario-inc
Sources last checked · summary updated 6 September 2026 · Report a correction · Printed from proceedings.ca/case/1000208457-ontario-ltd-1000360498-ontario-inc
Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.