1001128764 Ontario Inc. and 2619355 Ontario Inc.
Follow- Proceeding
- Receivership (court-appointed)subsection 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- File
- CL-26-00000390-0000
- Industry
- Retail · Gas stations & convenience stores
1001128764 Ontario Inc. and 2619355 Ontario Inc. are the subject of an active court-appointed receivership application brought by the Bank of Montreal in the Ontario Superior Court of Justice (Commercial List) under subsection 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act, commenced August 28, 2026 under file CL-26-00000390-0000. BMO issued demand letters and BIA notices on July 29, 2026 claiming demanded indebtedness of $3,102,215.52 as at July 27, 2026, exclusive of legal fees, disbursements and accruing interest; the demand was not honoured and the ten-day notice period under section 244(2) expired. The bank holds general security agreements from each debtor dated February 28, 2025 and a first-ranking charge over the real property.
Bank of Montreal issued its Notice of Application seeking a court-appointed receiver over 1001128764 Ontario Inc. and 2619355 Ontario Inc., following unhonoured July 2026 demands.
Source: Application Record
Debtor
1001128764 Ontario Inc. and 2619355 Ontario Inc.
Receiver
Fuller Landau
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Bank of Montreal · in 297 casesGeneral security agreements from each debtor (dated Feb 28, 2025; PPSA registered; BMO the only PPSA registrant); charge/mortgage on the Real Property registered Feb 28, 2025 (instrument SC2116810) in the principal amount of $3,180,000 (registered principal, not a balance) and general assignment of rents (SC2116811); guarantee of 2619355 Ontario Inc. limited to $3,180,000 plus interest and costs; personal guarantees by Inderdeep and Manwinder Klotia, each limited to $3,180,000 (registered/guarantee limits, not balances). BMO is first-ranking over the Real Property. — Amount is the 'Demanded In · as of 27 Jul 2026 | $3.1M | Application Record |
| 4 | Secured | |||
| 8 | Unsecured |
2 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.
| Date | Document | File |
|---|---|---|
Endorsement
| PDF · Subscribers | |
Order (Appointing Receiver)
| PDF · Subscribers | |
Application Record
| 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., “1001128764 Ontario Inc. and 2619355 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/1001128764-ontario-inc-and-2619355-ontario-inc