Proceedings.

12823772 Canada Inc., 12823896 Canada Inc., 13466566 Canada Inc., 14227280 Canada Inc., 2794693 Ontario Inc. and Nile Renovation and Construction Ltd

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Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
File
CV-26-00004208-0000
Industry
Construction
Filings held8
Last activity25 Aug 2026
On the record72 days
Secured debtSubscribers
OverviewSummary updated

12823772 Canada Inc., together with 12823896 Canada Inc., 13466566 Canada Inc., 14227280 Canada Inc., 2794693 Ontario Inc. and Nile Renovation and Construction Ltd, was placed in court-appointed receivership on August 25, 2026, on the application of Royal Bank of Canada. The Ontario Superior Court of Justice appointed Grant Thornton Limited as receiver under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. The proceeding carries court file number CV-26-00004208-0000 and remains active.

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Case updates8 dated entries

Filing brief

288 Dundas Street: RBC gets its receiver over five Brampton companies

Royal Bank of Canada put five related Brampton companies, including the owner of a London commercial property carrying a $991,077.28 matured loan, into receivership with Grant Thornton on August 25, after their principal, appearing without a lawyer, asked for time to close a $365,000 asset sale and a refinancing backed by a $1.2 million appraisal.

Parties

Debtor

12823772 Canada Inc., 12823896 Canada Inc., 13466566 Canada Inc., 14227280 Canada Inc., 2794693 Ontario Inc. and Nile Renovation and Construction Ltd

Receiver

Doane Grant Thornton

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice DoiOntario Superior Court of Justice1 order, Aug 20267 cases on record

Counsel of record

PartyCounselFirst seenSource
CreditorRoyal Bank of CanadaAird & Berlis LLP20 Jul 2026Order · 25 Aug 2026
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredRoyal Bank of Canada · in 584 casesGeneral Security Agreements and chattel mortgage security agreements (896: Mar 16, 2022; 566: Jun 5, 2022); PPSA registrations 20220321 1136 1532 7399 (566) and 20220303 1454 1532 8138 (896); guarantees and postponements of claim by Mandeep Sadioura and Rajandeep Singh Dhillon, limited to principal sums of $126,382 and $87,500 (896) and $129,968 and $87,500 (566), plus interest from demand — Payout Amount in RBC's June 22, 2026 payout letter, valid only until 5:00 p.m. on June 22, 2026; includes $5,000 cash collateral to be provided by the borrowers, $25,667.24 legal fees to June 21 and $2,500 · as of 22 Jun 2026$661KSupplementary Application Record dated July 28, 2026.pdf
4Secured
8Unsecured

2 more claims in 2 classes The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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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.

Documents8 filings
DateDocumentFile
Receivership Order dated August 25, 2026.pdf
  • Applicant Royal Bank of Canada
  • Appointee Grant Thornton Limited
  • Appointee role receiver
  • Commencement date 25 August 2026
  • + 9 more extracted facts
PDF · Subscribers
Book of Authorities dated August 21, 2026.pdfPDF · Subscribers
Fresh as Amended Factum dated August 20, 2026.pdf
  • Counsel Aird & Berlis LLP
PDF · Subscribers
Responding Factum of the Respondents Returnable August 25, 2026.pdfPDF · Subscribers
Confirmation of Application dated August 18, 2026.pdf
  • Applicant Royal Bank of Canada
  • Appointee Grant Thornton Limited
  • Appointee role receiver
  • Court ONTARIO SUPERIOR COURT OF JUSTICE
  • + 1 more extracted fact
PDF · Subscribers
Endorsement of Justice Kumaranayake dated August 7, 2026.pdf
  • Presiding officer Justice Kumaranayake
PDF · Subscribers
Supplementary Application Record dated July 28, 2026.pdf
  • Applicant ROYAL BANK OF CANADA
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no CV-26-00004208-0000
  • Financial position Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Factum dated July 20, 2026.pdf
  • Counsel Aird & Berlis LLP
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., “12823772 Canada Inc., 12823896 Canada Inc., 13466566 Canada Inc., 14227280 Canada Inc., 2794693 Ontario Inc. and Nile Renovation and Construction Ltd” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/1283772-canada-inc-12823896-canada-inc-13466566-canada-inc-14227280-canada-inc-2

Sources last checked · summary updated 24 September 2026 · Report a correction · Printed from proceedings.ca/case/1283772-canada-inc-12823896-canada-inc-13466566-canada-inc-14227280-canada-inc-2

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.