#Order
Placed both companies into court-appointed receivership under BIA s. 243 and provincial Judicature Act authority, commencing the proceeding under court file S-253036.
Source: Receivership Order
1254232 B.C. Ltd. and Vansy-67 Economy Trade Development Corp
ActiveFollow
- Proceeding
- Receivership (court-appointed)Section 243(1) of the Bankruptcy and Insolvency Act and Section 39 of the Law and Equity Act
- File
- S-253036
- Industry
- Real estate
OverviewSummary updated
1254232 B.C. Ltd. and Vansy-67 Economy Trade Development Corp are in court-appointed receivership, commenced June 5, 2026 with the granting of a receivership order. The appointment rests on section 243 of the Bankruptcy and Insolvency Act together with provincial Judicature Act jurisdiction. The proceeding is recorded under court file S-253036 and remains active. The receivership order is the only milestone on the record to date; nothing further has been entered as to the conduct of the receivership.
Proceedings AIOpen Proceedings AI
Case updates2 dated entries
Parties
Debtor
1254232 B.C. Ltd. and Vansy-67 Economy Trade Development Corp
Receiver
MNP
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | 1579263 B.C. Ltd.Mortgage, assignment of rents and Certificate of Pending Litigation — Estimated claim per Receiver's preliminary understanding — debtor: 1254232 B.C. Ltd. and Vansy-67 Economy Trade Development Corp. | $16.4M | Form 87: Notice and Statement of the Receiver |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 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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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.
Documents2 filings
| Date | Document | File |
|---|---|---|
Form 87: Notice and Statement of the Receiver
| PDF · Subscribers | |
Receivership Order
| 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., “1254232 B.C. Ltd. and Vansy-67 Economy Trade Development Corp” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 4 November 2026, https://proceedings.ca/case/1254232-bc-ltd-and-vansy-67-economy-trade-development-corp