Proceedings.

2256027 Ontario Inc. o/a Door Components Canada

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Active
Proceeding
Receivership (court-appointed)Subsections 245(1) and 246(1) of the Act
Filings held1
Last activity24 Nov 2017
On the record3,223 days
Secured debtSubscribers
OverviewSummary updated

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.

Case updates1 dated entry
Parties

Debtor

File Documents

Receiver

Albert Gelman

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredBaron Finance Inc.General Security Agreement (GSA) dated March 21, 2016 over Debtor's property, assets and undertaking — Factoring agreement balance as at Sept 15, 2017 per Receiver's Notice and Statement, 'plus costs and interest to date', 'subject to change'. See related note on Loan agreement entry regarding overlap with '1000728 Ontario Inc.' unsecured listing. — debtor: 2256027 Ontario Inc. o/a Door Components Canada · as of 15 Sep 2017$327KNotice and Statement of Receiver
107 more claims across lower-ranking classesSubscribe to view
Estate financialsReported figures — never derived

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

Documents1 filing
DateDocumentFile
Notice and Statement of Receiver
  • Appointee Albert Gelman Inc.
  • Appointee role Receiver
  • Commencement date 24 November 2017
  • Financial position Subscribers
  • + 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., “2256027 Ontario Inc. o/a Door Components Canada” (Receivership (court-appointed)). Retrieved 20 September 2026, https://proceedings.ca/case/2256027-ontario-inc-o-a-door-components-canada

Sources last checked · summary updated 11 August 2026 · Report a correction · Printed from proceedings.ca/case/2256027-ontario-inc-o-a-door-components-canada

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.