Proceedings.

1000208457 Ontario Ltd., 1000360498 Ontario Inc.

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Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
File
CV-24-00001963-0000
Filings held7
Last activity3 Mar 2026
On the record202 days
Secured debtSubscribers
OverviewSummary updated

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.

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Case updates7 dated entries

4 earlier updates, back to 3 March 2026 subscribers.

Parties

Debtor

1000208457 Ontario Ltd., 1000360498 Ontario Inc.

Receiver

Doane Grant Thornton

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Associate Judge MacLeodOntario Superior Court of Justice3 orders, Feb 2026 – Mar 202618 cases on record

Counsel of record

PartyCounselFirst seenSource
ApplicantRoyal Bank of CanadaFogler, Rubinoff LLP17 Apr 2025Application · 17 Apr 2025
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredRoyal 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$655KApplication 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.

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Documents7 filings
DateDocumentFile
Amended and Restated Receivership Order dated March 3, 2026.pdf
  • Applicant ROYAL BANK OF CANADA
  • Appointee Grant Thornton Limited
  • Appointee role receiver and manager
  • Commencement date 3 March 2026
  • + 4 more extracted facts
PDF · Subscribers
Endorsement dated March 3, 2026.pdf
  • Presiding officer Justice C. MacLeod
PDF · Subscribers
Motion Record of the Receiver Returnable March 3, 2026.pdfPDF · Subscribers
Order dated February 3, 2026.pdf
  • Presiding officer Justice C. MacLeod
PDF · Subscribers
Receivership Order dated May 30, 2025.pdf
  • Applicant ROYAL BANK OF CANADA
  • Appointee Grant Thornton Limited
  • Appointee role receiver [and manager]
  • Commencement date 30 May 2025
  • + 4 more extracted facts
PDF · Subscribers
Supplementary Application Record Returnable April 17, 2025.pdf
  • Counsel Fogler, Rubinoff LLP
PDF · Subscribers
Application Record Returnable February 6, 2025.pdf
  • Applicant ROYAL BANK OF CANADA
  • Appointee GRANT THORNTON LIMITED
  • Appointee role Proposed Receiver
  • Commencement date 9 September 2024
  • + 6 more extracted facts
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.