Proceedings.

102177457 Saskatchewan Ltd.

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Closed
Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
File
KBG-SA-01355-2024
Filings held13
Last activity5 Dec 2025
On the record685 days
Secured debt$468K
OverviewSummary updated

102177457 Saskatchewan Ltd. was placed in court-appointed receivership on November 5, 2024, by order of the Court of King's Bench for Saskatchewan granted by Justice D.G. Gerecke, under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding carries court file number KBG-SA-01355-2024. A court officer's report was filed the same day the receivership began. The record shows no further steps, and the proceeding now stands closed.

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Case updates13 dated entries
#Report

Court officer's report filed the same day the receivership began, recording the appointment order granted by Justice D.G. Gerecke on November 5, 2024.

Source: First Report of the Receiver

Parties

Debtor

102177457 Saskatchewan Ltd.

Receiver

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · 4 named without a figure
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)Canada Revenue Agency · in 926 casesAmount owing unknown as at date of Receivership (footnote *); deemed-trust class claim. — debtor: 102169156 Saskatchewan Ltd. (156 SK Ltd) · as of 5 Nov 2024Form 87 - Notice and Statement of the Receiver
4SecuredRoyal Bank of Canada · in 556 casesAmount is Receiver's estimate as at date of receivership; legal opinion on validity/enforceability of security not yet obtained (p.3). — debtor: 102177457 Saskatchewan Ltd. (457 SK Ltd) · as of 5 Nov 2024$468KForm 87 - Notice and Statement of the Receiver
4SecuredRoyal Bank of Canada · in 556 casesAmount is Receiver's estimate as at date of receivership; legal opinion on validity/enforceability of security not yet obtained (p.3). — debtor: 102169156 Saskatchewan Ltd. (156 SK Ltd) · as of 5 Nov 2024$447KForm 87 - Notice and Statement of the Receiver
4SecuredRoyal Bank of Canada · in 556 casesAmount is Receiver's estimate as at date of receivership; Receiver has not yet obtained a legal opinion as to the validity and enforceability of the security agreements (p.3). — debtor: 102159350 Saskatchewan Ltd. (350 SK Ltd) · as of 5 Nov 2024$402KForm 87 - Notice and Statement of the Receiver
4SecuredRCAP Leasing Inc. · in 69 casesListed under 'Secured' in Creditor Mailing List; no amount or specific debtor entity stated on these pages; not itemised in the individual company secured-creditor tables.Form 87 - Notice and Statement of the Receiver
4SecuredWorkers' Compensation Board – SaskatchewanAmount owing unknown as at date of Receivership (footnote *); regulatory claim. — debtor: 102169156 Saskatchewan Ltd. (156 SK Ltd) · as of 5 Nov 2024Form 87 - Notice and Statement of the Receiver
4SecuredMinistry of Finance · in 107 casesListed under 'Secured' in Creditor Mailing List (Saskatchewan provincial tax authority); no amount or specific debtor entity stated on these pages; possible deemed-trust/regulatory class claim not itemised in the company-specific tables.Form 87 - Notice and Statement of the Receiver

“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.

RecoveriesAs declared or paid

Secured creditors: $473.FinalReceiver's Final Report - 102159350 Saskatchewan Ltd. · 2 Dec 2025

ClassCreditorClaimsRecoveryBasisSource
Secured$473Finalper the receiverReceiver's Final Report - 102159350 Saskatchewan Ltd. · 2 Dec 2025

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

Documents
13 filings
DateDocumentFile
Receiver's Discharge CertificatePDF
Receiver's Final Report - 102159350 Saskatchewan Ltd.
  • Recovery outcome Entries: per actual · Stated on: 2025-12-02 · Table missing:
PDF
Receiver's Final Report - 102169156 Saskatchewan Ltd.
  • Recovery outcome Entries: per unstated · Stated on: 2025-12-02 · Table missing:
PDF
Receiver's Final Report - 102177457 Saskatchewan Ltd.
  • Recovery outcome Entries: per actual · Stated on: 2025-12-02 · Table missing:
PDF
Draft Distribution and Discharge OrderPDF
Order (Distribution and Discharge of Receiver)PDF
Sale Approval and Vesting OrderPDF
First Report of the Receiver
  • Commencement date 5 November 2024
  • Court COURT OF KING'S BENCH FOR SASKATCHEWAN
  • Court file no KBG-SA-01355-2024
PDF
Notice of Application (SAVO and Distribution and Discharge Order)PDF
Form 87 - Notice and Statement of the Receiver
  • Secured creditors $468K · Note: Amount is Receiver's estimate as at date of receivership; legal opinion on validity/enforceability of security not yet obtained (p.3). · Page: 3 · As of: 2024-11-05 · Debtor: 102177457 Saskatchewan Ltd. (457 SK Ltd) · Creditor: Royal Bank of Canada
PDF
Application (Appointment of Receiver)
  • Secured creditors $402K · Note: Comprises Operating Loan #88340766-001 ($31,747.67), Canada Small Business Financing Loan #88340766-002 ($370,713.55), Credit Card ($15.65); amount is stated total, excludes ongoing interest and legal costs · Page: 4 · As of: 2024-09-18 · Debtor: 102159350 Saskatchewan Ltd. (350 Sask) · Creditor: Royal Bank of Canada · Security: Security interest in all present and after-acquired personal property; financing statements registered at Saskatchewan Personal Property Registry
PDF
Receivership OrderPDF
Affidavit of Kerry Orth
  • Secured creditors $468K · Note: Comprises operating loan $21,526.76, CSBF loan $436,008.52, credit card $10,910.48; total per demand letter dated Sept 18, 2024, plus ongoing interest and legal costs · Page: 10 · As of: 2024-09-18 · Debtor: 102177457 Saskatchewan Ltd. (457 Sask) · Creditor: Royal Bank of Canada · Security: General Security Agreement dated February 28, 2024 (all present and after-acquired personal property), perfected PPR registration #302517880 (Feb 20, 2024); Security Agreement dated February 28, 2024 over goods, perfected PPR registration #302517735 (Feb 20, 2024)
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “102177457 Saskatchewan Ltd.” (Receivership (court-appointed)), Court of King's Bench for Saskatchewan. Retrieved 20 September 2026, https://proceedings.ca/case/102177457-saskatchewan-ltd

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/102177457-saskatchewan-ltd

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.