#Order
Placed 1654286 Alberta Ltd. into court-appointed receivership, the order having been pronounced this day by the Court of King's Bench of Alberta on file 2503 24392.
1654286 Alberta Ltd.
ActiveFollow
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, and section 13(2) of the Judicature Act and 65(7) of the Personal Property Security Act
- File
- 2503 24392
- Industry
- Real estate · Rental & income property
OverviewSummary updated
1654286 Alberta Ltd. has been in court-appointed receivership since January 6, 2026, the date on which the Court of King's Bench of Alberta pronounced the receivership order. The proceeding rests on section 243 of the Bankruptcy and Insolvency Act together with provincial Judicature Act authority, and is carried on court file number 2503 24392. The record before this page shows no step taken in the receivership after the appointment order itself. The matter remains active.
Proceedings AIOpen Proceedings AI
Case updates6 dated entries
#Filing
Application for Receivership – Filed November 28, 2025 was filed. Court file 2503 24392.
Source: Application for Receivership – Filed November 28, 2025
#Filing
Notice and Statement of the Receiver - Dated January 13, 2025 — Notice of receiver (s. 245 / Form 87)
Parties
Debtor
1654286 Alberta Ltd.
Receiver
BDO
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Royal Bank of Canada · in 584 casesFirst mortgage on Mortgaged Land (Condominium Plan 0424262, Unit 6, Edmonton) registered April 20, 2022 as instrument 222 088 795, principal amount $810,000; first general Assignment of Rents (caveat 222 088 796); Site Specific Security Agreement (first-ranking PPSA security interest, registered in Alberta Personal Property Registry); unconditional Guarantee of Mortgage (max principal $810,000) — Amount ($781,814.24 as of Nov 25, 2025) = $769,574.24 principal & interest as at Nov 25, 2025 plus $12,240.00 pre-litigation legal fees/expenses as at Nov 25, 2025. Earlier demand letter and s.244 BIA · as of 25 Nov 2025 | $782K | Affidavit of Howard Wang - Filed December 2, 2025 |
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
5 more claims in 2 classes The stack holds Secured and Unsecured claims.
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See all plansThis 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 – Filed January 10, 2026
| PDF · Subscribers | |
| Affidavit of Ajaypreet Singh - Filed January 5, 2026 | PDF · Subscribers | |
Affidavit of Howard Wang - Filed December 2, 2025
| PDF · Subscribers | |
Application for Receivership – Filed November 28, 2025
| PDF · Subscribers | |
| Statement of Claim - Filed November 27, 2025 | PDF · Subscribers | |
Notice and Statement of the Receiver - Dated January 13, 2025
| 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., “1654286 Alberta Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 5 November 2026, https://proceedings.ca/case/1654286-alberta-ltd