10026168 Manitoba Ltd.
Follow- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, and section 55 of The Court of King's Bench Act
- File
- CI 26-01-58000
10026168 Manitoba Ltd. is in court-appointed receivership in Manitoba, with BDO Canada Limited acting as Receiver and Manager since October 2, 2026 under section 243(1) of the Bankruptcy and Insolvency Act and section 55 of The Court of King's Bench Act. The applicant, Business Development Bank of Canada, holds first charge mortgages over the Lot 34 and Lot 35 properties at 30 Clover Drive, Stony Mountain, a general assignment of rentals, a first charge general security agreement, guarantees supported by general security agreements from Speedy Singh Logistics Inc. and Triple Seven Logistics Inc., and personal guarantees from director Jasdeep Singh Rai. BDC demanded payment and served a section 244 notice on or about June 12, 2024, obtained default judgment on October 28, 2024, and entered a forbearance agreement on December 18, 2024 that expired June 9, 2025. A further demand followed on November 24, 2025. The company is also in breach for unpaid real property taxes and utilities owing to the R.M. of Rosser.
Court of King's Bench of Manitoba at Winnipeg appointed BDO Canada Limited Receiver and Manager on BDC's application, court file CI 26-01-58000.
Source: Receivership Order
Debtor
10026168 Manitoba Ltd.
Receiver
BDO
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverBDO | Thompson Dorfman Sweatman LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| Applicant | Pitblado LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| Debtor10026168 Manitoba Ltd. | Singh Law Corporation | 17 Aug 2026 | Service list · 17 Aug 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Business Development Bank of Canada · in 251 casesAmount as disclosed in the affidavit of Ronnell Francisco dated July 7, 2026 (the applicant for the receivership order). Nature of security not described on these pages. — debtor: 10026168 Manitoba Ltd. · as of 7 Jul 2026 | $3.4M | 26-10-12 Notice and Statement of the Receiver (FINAL) |
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
8 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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The total the debtor stated at filing
Each one as the filing states it, with its source.
$9 today, then $99 a month from day 8. Cancel anytime.
Already a subscriber? Sign in.
See all plans| Date | Document | File |
|---|---|---|
26-10-12 Notice and Statement of the Receiver (FINAL)
| PDF · Subscribers | |
Receivership Order
| PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Notice of Application
| PDF · Subscribers | |
Affidavit of Ronnell Francisco
| 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., “10026168 Manitoba Ltd.” (Receivership (court-appointed)), Court of King's Bench of Manitoba. Retrieved 16 October 2026, https://proceedings.ca/case/10026168-manitoba-ltd