Proceedings.

1329280 B.C. Ltd. & GSR Telford Development Ltd.

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Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and Section 39 of the Law and Equity Act
File
H251465
Filings held2
Last activity19 Aug 2026
On the record146 days
Secured debtSubscribers
OverviewSummary updated

1329280 BC Ltd and GSR Telford Development Ltd have been in court-appointed receivership since 28 April 2026, when a receivership order was granted under section 243 of the Bankruptcy and Insolvency Act together with provincial Judicature Act authority. The receivership order is the sole step recorded to date, and the proceeding remains active. The record as it stands does not identify the court or judicial centre, the appointed receiver, the secured creditor that sought the appointment, or the property over which the appointment was made.

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Case updates2 dated entries
#Order

Placed both 1329280 BC Ltd and GSR Telford Development Ltd into court-appointed receivership under BIA section 243 and provincial Judicature Act authority, commencing the proceeding.

Source: Receivership Order

Parties

Debtor

1329280 bc ltd and gsr telford development ltd

Receiver

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredHMT Holdings Inc. · in 3 casesas of Receivership Date — Lump sum amount advanced pursuant to a Commitment Letter dated September 7, 2022, as extended February 6, 2025 and July 7, 2025 — Estimated claim in $000's (approximate amount owed per Debtors' books and records); interest and charges accruing thereafter not included — debtor: 1329280 B.C. Ltd. and GSR Telford Development Limited Partnership$22.5MForm 87 - Notice and Statement of the Receiver

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.

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Documents2 filings
DateDocumentFile
Form 87 - Notice and Statement of the Receiver
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Receivership Order
  • Applicant HMT Holdings Inc.
  • Appointee MNP Ltd.
  • Appointee role Receiver, Receiver and Manager and Receiver of Rents
  • Commencement date 28 April 2026
  • + 7 more extracted facts
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Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “1329280 B.C. Ltd. & GSR Telford Development Ltd.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/1329280-bc-ltd-and-gsr-telford-development-ltd

Sources last checked · summary updated 7 August 2026 · Report a correction · Printed from proceedings.ca/case/1329280-bc-ltd-and-gsr-telford-development-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.