1000209217 ONTARIO LTD. o/a Cotton Mill Pharmacy
Follow- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- File
- CV-24-00000103-0000
1000209217 Ontario Ltd., operating as Cotton Mill Pharmacy, has been under court-appointed receivership in Ontario since June 21, 2024, when the Ontario Superior Court of Justice (In Bankruptcy and Insolvency) made a receivership order under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding is carried on court file CV-24-00000103-0000 and remains active. The receivership order of June 21, 2024 is the only step recorded to date; no subsequent filings, reports or hearings form part of this record.
Receivership order made Friday, June 21, 2024, placing the pharmacy operator under court-appointed receivership in the Ontario Superior Court of Justice and commencing the proceeding.
Application Record of Care Lending Group Inc. dated June 18, 2024 was filed. Court file CV-24-00000103-0000.
Source: Application Record of Care Lending Group Inc. dated June 18, 2024
Debtor
1000209217 ONTARIO LTD. o/a Cotton Mill Pharmacy
Receiver
msi Spergel inc.
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Cotton Mill Pharmacy Inc. (renamed 2471911 Ontario Inc.)PPSA registration no. 787302171 (20221004 1605 1590 2949), collateral: Inventory, Equipment, Accounts, Other, Motor Vehicle, 3-year period; amended 20221005 to change secured party name from Cotton Mill Pharmacy Inc. to 2471911 Ontario Inc. — This is 'OldCo' referenced in the affidavit; its secured indebtedness against the Debtor is postponed and subordinated to Care Lending's security pursuant to a Subordination Agreement (without postponement of payment) dated October 3, 2022 among Care Lending (Senior Lender), OldCo (Subordinate Lender) and the Debtor. No balance stated. — debtor: 100020921 | — | Application Record of Care Lending Group Inc. dated June 18, 2024 |
| 5 | PMSI / lessors | Care Lending Group Inc.General Security Agreement (GSA) dated October 3, 2022 over all assets, undertakings, accounts and proceeds of the Debtor, registered under the PPSA on September 14, 2022 (Reg. No. 20220914 1633 1793 8086); described as first-ranking security interest, potentially subject to specific PMSIs; also secured by Share Pledge Agreements (Paul Thomson 51 common shares / Mihi Health & Wellness Inc. 49 common shares) and a related Control Agreement dated October 3, 2022 — Total indebtedness under Promissory Note (principal $600,450.00 five-year term loan advanced Oct 3, 2022) inclusive of principal and · as of 14 Jun 2024 | $669K | Application Record of Care Lending Group Inc. dated June 18, 2024 |
| 5 | PMSI / lessors | CWB National Leasing Inc. · in 110 casesPPSA registration no. 795918294 (20230803 1623 6005 8588), collateral: Equipment, 6-year period — Equipment financier (PMSI-type registration); no balance stated. — debtor: 1000209217 Ontario Ltd. | — | Application Record of Care Lending Group Inc. dated June 18, 2024 |
| 5 | PMSI / lessors | McKesson Canada Corporation · in 7 casesPPSA registration nos. 787515327 (Inventory only, 5 years) and 787515336 (Inventory, Equipment, Accounts, Other, 5 years), both dated 20221012 — Registrations relate to purchase-money security interests (PMSI) in prescription pharmaceuticals located at the Pharmacy. No balance stated. — debtor: 1000209217 Ontario Ltd. | — | Application Record of Care Lending Group Inc. dated June 18, 2024 |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
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 |
|---|---|---|
| Motion Record of the Receiver dated August 18, 2025 | ||
Endorsement of The Honourable Justice Champagne dated June 21, 2024
| ||
Receivership Order dated June 21, 2024
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| Factum of Care Lending Group Inc. dated June 20, 2024 | ||
Application Record of Care Lending Group Inc. dated June 18, 2024
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Filing titles, dates, and extracted key facts are public.
CiteProceedings., “1000209217 ONTARIO LTD. o/a Cotton Mill Pharmacy” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/1000209217-ontario-ltd-o-a-cotton-mill-pharmacy