Proceedings.

1587431 Ontario Ltd.

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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
T35-00000006
Filings held4
Last activity24 Sep 2025
On the record1,529 days
OverviewSummary updated

1587431 Ontario Ltd. was placed in court-appointed receivership on 2022-07-15 by the Ontario Superior Court of Justice, under court file no. T35-00000006, on the application of Caisse Desjardins Ontario Credit Union Inc. under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. Raymond Chabot Inc. was appointed receiver and manager. Caisse Desjardins is the applicant secured creditor, holding a PPSA-registered security interest. The Agence du revenu du Canada has filed a secured claim of $516,074.32. The receivership is active.

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Case updates4 dated entries

1 earlier update, back to 15 July 2022 subscribers.

Parties

Debtor

1587431 Ontario Ltd.

Receiver

Raymond Chabot

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Deemed trusts (CRA and other)Agence du revenu du Canada (ON-NB) · in 719 casesPPSA registered security interest — Deemed trust / CRA claim listed as secured (G) with Amount Declared $516,074.32 — debtor: 1587431 Ontario Ltd.$516KNotice and Statement of the Receiver_dated July 25 2022

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.

3 more claims across lower-ranking classes

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Estate financialsReported figures — never derived

Cumulative receipts

$44.9K

As at 24 Sep 2025Receiver's final report 246(3)_September 24 2025

3 more reported figures, as at 24 Sep 2025

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Documents4 filings
DateDocumentFile
Receiver's final report 246(3)_September 24 2025
  • Cash on hand · Disbursements · Financial position · Professional fees Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Amended Notice and Statement of the Receiver_October 17 2022
  • Applicant Caisse Desjardins Ontario Credit Union Inc.
  • Appointee RAYMOND CHABOT INC.
  • Appointee role receiver
  • Commencement date 15 July 2022
  • + 2 more extracted facts
PDF · Subscribers
Notice and Statement of the Receiver_dated July 25 2022
  • Applicant Caisse Desjardins Ontario Credit Union inc.
  • Appointee RAYMOND CHABOT INC.
  • Appointee role receiver
  • Commencement date 15 July 2022
  • + 6 more extracted facts
PDF · Subscribers
Order appointing receiver_dated July 15 2022
  • Applicant CAISSE DESJARDINS ONTARIO CREDIT UNION INC.
  • Appointee Raymond Chabot Inc.
  • Appointee role receiver and manager
  • Commencement date 15 July 2022
  • + 3 more extracted facts
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., “1587431 Ontario Ltd.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/1587431-ontario-ltd

Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/1587431-ontario-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.