#Order
Receivership order pronounced Tuesday, January 13, 2026, placing 1327997 BC Ltd. and the related numbered companies into court-appointed receivership and commencing the proceeding.
Source: Receivership Order
1327997 BC LTD., 1327744 B.C. LTD., 1319337 B.C. LTD., 1297007 B.C. LTD., et al.
FollowActive
- Proceeding
- Receivership (court-appointed)Section 243(1) of the Bankruptcy and Insolvency Act and Section 39 of the Law and Equity Act
- File
- H-247915
Filings held4
Last activity13 Jan 2026
On the record251 days
Secured debt$5.07M
OverviewSummary updated
1327997 BC Ltd., together with 1327744 B.C. Ltd., 1319337 B.C. Ltd., 1297007 B.C. Ltd. and other related companies, has been in court-appointed receivership since January 13, 2026, when the Supreme Court of British Columbia made a receivership order over the group under section 243 of the Bankruptcy and Insolvency Act and provincial judicature legislation. The proceeding is carried on Vancouver Registry court file H-247915 and remains active. The record before this page identifies no further steps taken since the appointment.
Proceedings AIAsk this case — answers cite the filings
Case updates4 dated entries
Parties
Debtor
1327997 BC LTD., 1327744 B.C. LTD., 1319337 B.C. LTD., 1297007 B.C. LTD., et al.
Receiver
MNP
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | MortEq Lending Corp. · in 4 casesFirst-ranking mortgage and assignment of rents against the Lands (instrument nos. CA9435360, CA9435361), registered principal sum $3,381,000; Beneficial Mortgage over Guarantors' beneficial interests; General Security Agreement (PPSA base reg. no. 606529R) over all present and after-acquired personal property including uncrystallized floating charge over real property — Amount is outstanding Indebtedness inclusive of accrued interest, fees and legal costs to Nov 18, 2025, exclusive of interest/costs accruing thereafter (per diem $1,384.73); $3,381,000 is the registered/advanced principal, not · as of 18 Nov 2025 | $5.07M | Affidavit #1 of Quyen Vu |
| Secured | Bharatkumar Panchal and Sanjay VaishnavRegistered judgment (CB630966) against the beneficial interest of Gurkeerat Singh Grewal in the Lands — Judgment creditor registered against title to the Lands, subsequent to MortEq's Mortgage — debtor: Gurkeerat Singh Grewal (beneficial interest) · as of 18 May 2023 | $1.04M | Affidavit #1 of Quyen Vu |
| Secured | Cassia V8 Limited Partnership and 1318609 B.C. Ltd.PPSA financing statement (base reg. no. 209573N), all present and after-acquired personal property of 007 and other parties; registration expiry 2026-08-30 — Blanket all-property PPSA registrant; amount not stated in the filing — debtor: 1297007 B.C. Ltd. ("007") · as of 30 Aug 2021 | — | Affidavit #1 of Quyen Vu |
“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.
Documents4 filings
| Date | Document | File |
|---|---|---|
Receivership Order
| ||
Affidavit #1 of Quyen Vu
| ||
| Affidavit #1 of Susan Danielisz | ||
Notice of Application - Petitioner
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “1327997 BC LTD., 1327744 B.C. LTD., 1319337 B.C. LTD., 1297007 B.C. LTD., et al.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/1327997-bc-ltd-et-al