#Order
Court appointed PricewaterhouseCoopers Inc. as Receiver and Manager of 1410195 B.C. Ltd on National Bank of Canada's application under s. 243(1) BIA and s. 39 Law and Equity Act.
1410195 B.C. Ltd
ActiveFollow
- Proceeding
- Receivership (court-appointed)Section 243(1) of the Bankruptcy and Insolvency Act and Section 39 of the Law and Equity Act
- File
- VLC-S-H-260884
- Industry
- Real estate · Rental & income property
OverviewSummary updated
1410195 B.C. Ltd is in court-appointed receivership in the Supreme Court of British Columbia, where PricewaterhouseCoopers Inc. was appointed Receiver and Manager on September 23, 2026 under file VLC-S-H-260884. The appointment was sought by National Bank of Canada under section 243(1) of the Bankruptcy and Insolvency Act and section 39 of the Law and Equity Act. The bank's demand stated indebtedness of $3,100,000 as at May 8, 2026, with interest thereafter, being the principal advanced under a June 3, 2024 credit agreement amended October 6, 2025 and payable on demand. A forbearance agreement dated for reference May 20, 2026 terminated on or about June 15, 2026. The debt is secured by a mortgage and assignment of rents registered in the Victoria Land Title Office on July 2, 2024 over three lots in View Royal, British Columbia.
Proceedings AIOpen Proceedings AI
Case updates6 dated entries
Parties
Debtor
1410195 B.C. Ltd
Receiver
PwC
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | National Bank of Canada · in 101 casesMortgage and assignment of rents registered in Victoria Land Title Office July 2, 2024 (CB1417507, CB1417508) over the Lands (3 lots, View Royal, BC); Site-Specific Security Agreement dated June 27, 2024; Set-Off and Security Agreement; guarantee from Jeffrey Sengara limited to principal of $3,100,000 — Amount is the aggregate Indebtedness stated in the demand as at May 8, 2026 'with interest thereafter'; interest and costs accruing since are unquantified. $3,100,000 is also the stated principal of the Loan advanced under the Credit Agreement dated June 3, 2024 (amended Oct 6, 2025), payable o · as of 8 May 2026 | $3.1M | Notice of Application (Receivership) |
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.
Documents6 filings
| Date | Document | File |
|---|---|---|
Receivership Order dated October 22, 2026
| PDF · Subscribers | |
| Consent to Act as Receiver | PDF · Subscribers | |
Affidavit #2 of Pavan Basi
| PDF · Subscribers | |
Notice of Application (Receivership)
| PDF · Subscribers | |
| Notice of Hearing | PDF · Subscribers | |
| Statement of Accounting and Relief Sought | 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., “1410195 B.C. Ltd” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 5 November 2026, https://proceedings.ca/case/1410195-b-c-ltd