Proceedings.

1919929 Alberta Ltd.

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Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, and sections 13(2) of the Judicature Act, 99(a) of the Business Corporations Act, and 65(7) of the Personal Property Security Act
File
2503-19364
Filings held3
Last activity1 Apr 2026
On the record354 days
Secured debtSubscribers
OverviewSummary updated

1919929 Alberta Ltd. is in a court-appointed receivership under BIA s. 243 and the provincial Judicature Acts. The Receiver's Statement of Affairs values the debtor's real property at 11625-105 Ave NW, Edmonton, at a tax assessment figure of $1,225,000.00, while its net realizable value is put at $88,355.11, with cash on hand of $1.00. Roynat Inc., the applicant in the receivership, holds security on the building and a general security agreement together totalling $880,767.80; Murska Management (1969) Ltd. holds $250,000.00 in security on the building; and the City of Edmonton claims $5,877.09 in property tax arrears. Several other parties hold general security agreements at nominal amounts, and a group of trade creditors are listed as unsecured for modest sums.

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Case updates3 dated entries
#Report

The officer filed report no. First Report. The Receiver has been marketing the debtor's commercial condo unit for sale (listed with Colliers), while the former tenant Pyxis has continued occupying and servicing the property's operating expenses despite the lease being terminated. Court file 2503 19364.

Source: First Report of the Receiver

Parties

Debtor

1919929 Alberta Ltd.

Receiver

Hudson & Company Insolvency Trustees

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredRoynat Inc. · in 47 casesMortgage/security on the commercial building at 11625-105 Ave NW, Edmonton (real property) and general security agreement over the Debtor's assets — Listed both as holder of security on the commercial building and as holder of a general security agreement, with the same stated balance ($880,767.80); also the Applicant/Plaintiff in the receivership application. — debtor: 1919929 Alberta Ltd.$881KNotice of Statement of Receiver

13 more claims across lower-ranking classes

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Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Cumulative receipts

$10.1K

As at 1 Apr 2026First Report of the Receiver

2 more reported figures, as at 1 Apr 2026

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Documents3 filings
DateDocumentFile
First Report of the Receiver
  • Applicant ROYNAT INC.
  • Appointee Hudson & Company Insolvency Trustees Inc.
  • Appointee role receiver and manager
  • Cash on hand Subscribers
  • + 10 more extracted facts
PDF · Subscribers
Notice of Statement of Receiver
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Receivership Order
  • Applicant Roynat Inc.
  • Appointee Hudson & Company Insolvency Trustees Inc.
  • Appointee role Receiver
  • Commencement date 2 October 2025
  • + 4 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., “1919929 Alberta Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/1919929-alberta-ltd

Sources last checked · summary updated 13 August 2026 · Report a correction · Printed from proceedings.ca/case/1919929-alberta-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.