#Order
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., 1000360498 Ontario Inc.
ActiveFollow
- 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
- Industry
- Real estate
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.
Proceedings AIOpen Proceedings AI
Case updates7 dated entries
#Filing
Motion Record of the Receiver Returnable March 3, 2026.pdf — Application / notice of application
#Order
The court appointed Grant Thornton Limited receiver and manager of 1000208457 Ontario Ltd. and 1000360498 Ontario Inc.
#Filing
Supplementary Application Record Returnable April 17, 2025.pdf — Application / notice of application
#Filing
Application Record Returnable February 6, 2025.pdf was filed. Court file CV-24-00001963-0000.
Parties
Debtor
1000208457 Ontario Ltd., 1000360498 Ontario Inc.
Receiver
Doane Grant Thornton
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice MacLeod | Ontario Superior Court of Justice | 3 orders, Feb 2026 – Mar 2026 | 22 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantRoyal Bank of Canada | Fogler, Rubinoff LLP | 17 Apr 2025 | Application · 8 Apr 2025 |
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Royal Bank of Canada · in 584 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 |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
5 more claims in 2 classes The stack holds Secured and Unsecured claims.
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See all plansThis 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.
Documents7 filings
| 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 4 November 2026, https://proceedings.ca/case/1000208457-ontario-ltd-1000360498-ontario-inc