2256027 Ontario Inc. o/a Door Components Canada
- Proceeding
- Receivership (court-appointed)Subsections 245(1) and 246(1) of the Act
2256027 Ontario Inc., operating as Door Components Canada, has been in court-appointed receivership under BIA s. 243 since November 24, 2017, when a claims process was approved. The proceeding remains active. A Statement of Affairs sworn October 5, 2017 by officer Xiao (Adam) Zhou Jiang put entity assets at $1,093,000 against liabilities of $8,553,712.17 as at September 19, 2017, a stated deficiency of $7,470,712.17, with unsecured claims of $7,963,712.17 and List B secured claims of $600,000. Baron Finance Inc. holds a general security agreement dated March 21, 2016; the Receiver's Notice and Statement reported balances of $401,915.31 under a loan agreement and $327,256.63 under a factoring agreement as at September 15, 2017. Identical amounts appear in List A as unsecured claims of 1000728 Ontario Inc., which shares Baron's Woodbridge address.
Debtor
File Documents
Receiver
Albert Gelman
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Baron Finance Inc.General Security Agreement (GSA) dated March 21, 2016 over Debtor's property, assets and undertaking (inventory/stock-in-trade, accounts receivable, motor vehicles incl. 2011 Toyota Hino) — Loan agreement balance as at Sept 15, 2017 per Receiver's Notice and Statement, 'plus costs and interest to date', amounts 'subject to change'. Statement of Affairs List B (p.8) instead shows a rounded aggregate Baron Finance Inc. secured claim of $600,000 (value of security $600,000, surplus $380,000) without a loan/factoring split. Debtor's own Statement of Affairs List A (p.3) separately lists identical · as of 15 Sep 2017 | $402K | Notice and Statement of Receiver |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured |
108 more claims in 2 classes The stack holds Secured and Unsecured claims.
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The 2 totals the debtor stated at filing
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See all plans| Date | Document | File |
|---|---|---|
Notice and Statement of Receiver
| PDF · Subscribers | |
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CiteProceedings., “2256027 Ontario Inc. o/a Door Components Canada” (Receivership (court-appointed)). Retrieved 4 November 2026, https://proceedings.ca/case/2256027-ontario-inc-o-a-door-components-canada