Proceedings.

15032083 Canada Inc.

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Active
Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
File
CV-25-00089091-0000
Filings held3
Last activity7 Jul 2026
On the record461 days
Secured debt$2.38M
OverviewSummary updated

15032083 Canada Inc. has been in court-appointed receivership since June 17, 2025, under an Ontario Superior Court of Justice order made under section 243 of the BIA, file CV-25-00089091-0000. The debtor's real property at 1802 Regional Road 97, Flamborough, Ontario carries three mortgages. Kindred Credit Union Limited holds the first ranking mortgage, a general security agreement dated March 4, 2024 and an assignment of rents, and was owed approximately $2,383,062.09 as at June 27, 2025. Haji Alnoor and Arezou Rahbari were owed approximately $395,783.87 on a second mortgage postponed in Kindred's favour, and Vu Quynh Giao Hoang approximately $76,446.73 on a third. A Gowlings security opinion ranks City of Hamilton tax arrears of $51,801 ahead of Kindred's mortgage, and Ramandeep Deol's June 19, 2023 PPSA registration ahead of Kindred's GSA absent a postponement, which was not provided.

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Case updates3 dated entries
#Order

Order made Tuesday, June 17, 2025 placed 15032083 Canada Inc. into receivership under BIA s. 243, commencing the Ontario proceeding in file CV-25-00089091-0000.

Source: Receivership Order

Parties

Debtor

15032083 Canada Inc.

Receiver

BDO

Capital structureAs asserted in the filings
stated amounts, drawn to scale · 2 named without a figure
Priority classCreditorAmountSource
SecuredKindred Credit Union Limited · in 2 casesFirst ranking mortgage/charge registered against the Real Property (Instrument No. WE1727145) securing a mortgage loan; registered mortgage principal amount $2,925,000.00 (Credit Agreement stipulated $2,250,000.00 — discrepancy noted by counsel as not affecting validity); also holds a General Security Agreement (PPSA registration #504318744, registered 2024-04-10) over inventory, equipment, accounts, other, motor vehicles — Amount is 'aggregate indebtedness' plus accruing legal fees, interest and disbursements (approximation, exact figure used). Secured also by Personal Guarantee of Abhai Sing · as of 27 Jun 2025$2.38MMotion Record - Returnable July 7, 2026
SecuredHaji Alnoor and Arezou RahbariSecond ranking mortgage over the Real Property (the 'Alnoor Mortgage'), registered principal amount $250,000 — Amount stated as approximate ('owed approximately'), plus accruing legal fees, interest and disbursements. This mortgage (Instrument No. WE1690294) was originally prior in time but was postponed (Instrument No. WE1727177) to Kindred's rights under its Mortgage. — debtor: 15032083 Canada Inc. · as of 27 Jun 2025$396KMotion Record - Returnable July 7, 2026
SecuredVu Quynh Giao HoangThird ranking mortgage over the Real Property, registered principal amount $70,000 (Instrument No. WE1785340, registered 2025-03-07) — Amount stated as approximate ('indebted in the aggregate amount of approximately'), plus accruing legal fees, interest and disbursements. Registered subsequent in priority to Kindred; did not require postponement. — debtor: 15032083 Canada Inc. · as of 27 Jun 2025$76.4KMotion Record - Returnable July 7, 2026
SecuredCity of Hamilton · in 19 casesCertificate re tax arrears registered on title to the Real Property, Instrument No. WE1848267 — Municipal tax arrears lien; to the extent unpaid, ranks in priority ahead of Kindred's Mortgage against the Real Property (per Gowlings' comments on searches). — debtor: 15032083 Canada Inc. · as of 31 Mar 2026$51.8KMotion Record - Returnable July 7, 2026
SecuredRamandeep DeolGeneral Security Agreement (blanket all-property PPSA registration #794440539, registered 2023-06-19, 5-year term expiring 2028-06-19) covering inventory, equipment, accounts, other, motor vehicles — Registered prior in time to Kindred's GSA; per Gowlings' security opinion, 'unless a postponement was obtained (we have not been provided with one), the Lender's general security agreement would rank second in priority' — i.e., Deol's registration may have priority over Kindred's PPSA collateral. Amount of underlying debt not stated in the excerpt. — debtor: 15032083 Canada Inc.Motion Record - Returnable July 7, 2026
SecuredSukhpal BrarPPSA registrant (per Service List); no registration particulars, collateral description or amount provided in the reviewed pages — Named only as 'PPSA Registrant' on the Service List; not otherwise detailed in the excerpted materials (e.g., not shown in Exhibit A PPSA search summary). — debtor: 15032083 Canada Inc.Motion Record - Returnable July 7, 2026

“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.

Fees and ratesAs stated in the filings

1 engagement · 1 firmBDO Canada Limited, 14 Jan 2025 – 22 May 2026, $36,606.75 in feesMotion Record · 7 Jul 2026

FirmPeriodHoursFeesRatesSource
BDO Canada LimitedReceiver14 Jan 2025 – 22 May 202679.9$36,606.75$458.16stated averageMotion Record · 7 Jul 2026
Documents3 filings
DateDocumentFile
Court OrderPDF
Motion Record - Returnable July 7, 2026
  • Applicant KINDRED CREDIT UNION LIMITED
  • Appointee BDO Canada Limited
  • Appointee role Receiver
  • Commencement date 17 June 2025
  • + 4 more extracted facts
PDF
Receivership Order
  • Applicant KINDRED CREDIT UNION LIMITED
  • Appointee BDO Canada Limited
  • Appointee role receiver
  • Commencement date 17 June 2025
  • + 5 more extracted facts
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “15032083 Canada Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/15032083-canada-inc

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/15032083-canada-inc

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.