1265056 B.C. Ltd., together with Abbotsford Super Market Ltd., Amol and Jas Holdings Ltd., Bains Brothers Holdings 2020 Ltd., Surrey Super Market 104 Ltd., Surrey Super Market Ltd. and Surrey Super Trading Ltd., is the subject of a court-appointed receivership commenced 31 October 2025 in the Supreme Court of British Columbia under BIA s. 243, court file S-258144. The proceeding is active, with applications filed on 29 October 2025 and 24 March 2026. A Statement of Affairs for 1583884 B.C. Ltd., as stated and estimated by the debtor as at 21 April 2026, reports assets of $27,723,012.40 against liabilities of $31,410,534.83 — secured $26,530,457.01, unsecured $4,880,077.82, no preferred or contingent claims — a deficiency of $3,687,522.43. National Bank of Canada is listed as secured for $25,751,452.14 on bank loans.
A claims procedure has been established — see the order for deadlines.
The officer filed report no. Trustee's Preliminary Report to Creditors. ResidualCo holds only the Excluded Liabilities and residual cash from the SSM sale transaction; it has no ongoing business operations, and the Receiver continues to hold the estate's assets pending final distributions.
The court appointed PricewaterhouseCoopers Inc. as Receiver and Manager, on the application of National Bank of Canada. Court file S258144.
Source: Receivership Order
1265056 B.C. Ltd., Abbotsford Super Market Ltd., Amol and Jas Holdings Ltd., Bains Brothers Holdings 2020 Ltd., Surrey Super Market 104 Ltd., Surrey Super Market Ltd., and Surrey Super Trading Ltd. — Receivership filed, British Columbia.
Debtor
1265056 B.C. Ltd., Abbotsford Super Market Ltd., Amol and Jas Holdings Ltd., Bains Brothers Holdings 2020 Ltd., Surrey Super Market 104 Ltd., Surrey Super Market Ltd., and Surrey Super Trading Ltd.
Applicant
National Bank of Canada
Receiver
PwC
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Masuhara | Supreme Court of British Columbia | 2 orders, Apr 2026 | 21 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverPwC | Osler, Hoskin & Harcourt LLP | 19 Mar 2026 | Service list · 19 Mar 2026 |
| ApplicantNational Bank of Canada | McCarthy Tétrault LLP | 19 Mar 2026 | Service list · 19 Mar 2026 |
| Debtor1265056 B.C. Ltd., Abbotsford Super Market Ltd., Amol and Jas Holdings Ltd., Bains Brothers Holdings 2020 Ltd., Surrey Super Market 104 Ltd., Surrey Super Market Ltd., and Surrey Super Trading Ltd. | McQuarrie Hunter LLP | 19 Mar 2026 | Service list · 19 Mar 2026 |
| CreditorCanguard Mortgage Investment | Fasken Martineau DuMoulin LLP | 19 Mar 2026 | Service list · 19 Mar 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 985 casesAsset code 101 — Deemed trust on source deductions (deemed-trust class) — debtor: 1583884 B.C. LTD. · as of 18 Mar 2026 | $6.29K | Statement of Affairs |
| 3 | Deemed trusts (CRA and other) | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
63 more claims in 3 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansSale closed — The Transaction closed and SSM entities were removed from the Receivership proceedings.Trustee's Preliminary Report to Creditors · 28 Apr 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| 1578478 B.C. LTD.the Purchased Shares · share subscription · ResidualCo: 1583884 B.C. LTD. · agreement 13 Mar 2026 | Subscribers | Closed16 Apr 2026 | Trustee's Preliminary Report to Creditors |
Unsecured creditors: no distribution. Canada Revenue Agency paid in full · National Bank a distribution.EstimatedTrustee's Preliminary Report to Creditors · 28 Apr 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trustCRA (deemed trust amounts for unremitted source deductions) | Canada Revenue Agency | — | paid in full | Finalper the trustee | Trustee's Preliminary Report to Creditors · 28 Apr 2026 |
| SecuredSidhu Loan | Kamalpreet Singh and Kulwinder Singh Sidhu | — | shortfall | Estimatedper the trustee | Trustee's Preliminary Report to Creditors · 28 Apr 2026 |
| Secured | National Bank | — | a distribution | per the receiver | Notice of Application · 24 Mar 2026 |
| Unsecured | — | — | no distribution | Estimatedper the trustee | Trustee's Preliminary Report to Creditors · 28 Apr 2026 |
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.
1 blurred figure above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plansAs at ·
Cash on hand
$27.7M
As at 22 Apr 2026Trustee's Preliminary Report to Creditors
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Trustee's Preliminary Report to Creditors
| PDF · Subscribers | |
| Certificate of Appointment | PDF · Subscribers | |
| Notice of Bankruptcy and First Meeting of Creditors | PDF · Subscribers | |
| Proof of Claim and Proxy Form | PDF · Subscribers | |
Statement of Affairs
| PDF · Subscribers | |
Filed Receiver's Certificate
| PDF · Subscribers | |
| Notice of Application dated April 9, 2026 | PDF · Subscribers | |
Order Made After Application (Slip Order)
| PDF · Subscribers | |
Approval and Reverse Vesting Order
| PDF · Subscribers | |
| Sealing Order | PDF · Subscribers | |
Notice of Application dated March 24, 2026
| PDF · Subscribers | |
Receiver's First Report to Court
| PDF · Subscribers | |
Service List - Surrey Super Market et al
| PDF · Subscribers | |
Surrey Super Market in Receivership - Teaser
| PDF · Subscribers | |
| Form 87 - Notice of Receiver | PDF · Subscribers | |
Receivership Order
| PDF · Subscribers | |
| Affidavit #1 of C. Stark | PDF · Subscribers | |
| Affidavit #1 of S. Danielisz | PDF · Subscribers | |
| Affidavit #1 of S. Danielisz with Exhibits | PDF · Subscribers | |
| Notice of Hearing | PDF · Subscribers | |
Petition to the Court
| 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., “1265056 B.C. Ltd., Abbotsford Super Market Ltd., Amol and Jas Holdings Ltd., Bains Brothers Holdings 2020 Ltd., Surrey Super Market 104 Ltd., Surrey Super Market Ltd., and Surrey Super Trading Ltd.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 5 November 2026, https://proceedings.ca/case/1265056-b-c-ltd-abbotsford-super-market-ltd-amol-and-jas-holdings-ltd-bains-brot
Sources last checked · summary updated 11 August 2026 · Report a correction · Printed from proceedings.ca/case/1265056-b-c-ltd-abbotsford-super-market-ltd-amol-and-jas-holdings-ltd-bains-brot
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.