2345762 Alberta Ltd.
- Proceeding
- 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
- 2403 17994
- Industry
- Real estate · Rental & income property
2345762 Alberta Ltd. has been under court-appointed receivership in Alberta since January 21, 2025, the date the receivership commenced. MNP Ltd. was appointed as receiver on that date, referred to in the record as the Receivership Date. The proceeding is before the Court of King's Bench of Alberta under Court File No. 2403 17994, brought under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The receivership remains active. The only material on the record to date is a court officer report filed on the Receivership Date confirming MNP's appointment.
The court appointed MNP Ltd. as receiver and manager, on the application of Business Development Bank of Canada. Court file 2403 17994.
Source: Receivership Order
Debtor
2345762 Alberta Ltd.
Receiver
MNP
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Little | Court of King's Bench of Alberta | 5 orders, Mar 2025 – Apr 2025 | 59 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverMNP | Miller Thomson LLP | 10 Jan 2025 | Service list · 10 Jan 2025 |
| ApplicantBusiness Development Bank of Canada | McLennan Ross LLP | 10 Jan 2025 | Service list · 10 Jan 2025 |
| Debtor2345762 Alberta Ltd. | Doherty Schuldhaus LLP | 10 Jan 2025 | Service list · 10 Jan 2025 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Business Development Bank of Canada (BDC) · in 251 casesGeneral Security Agreement (Borrower GSA) over all present and after-acquired property; Mortgage dated July 30, 2021 registered as No. 212 269 115 on Plan 7821552, Block 10, Lots 1 & 2, securing registered principal sum of $3,730,000.00 plus interest; General Assignment of Rentals registered by Caveat No. 212 269 116 — Outstanding balance of the Loan as at September 14, 2024, exclusive of unbilled costs; demand for payment issued January 22, 2024; default declared. Guaranteed 100% by 255172 Alberta Ltd., 1611474 Alberta Ltd., 785791 Alberta Ltd. and Strathmore Bottle Depot Ltd. via their respe · as of 14 Sep 2024 | $3.72M | Amended Statement of Claim |
| Secured |
1 more claim in 1 class The stack holds Secured claims.
Every creditor and every amount, drawn to scale.
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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.
Canada Revenue Agency: a distribution.EstimatedFiled Application of MNP Ltd. · 7 Jul 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | Canada Revenue Agency | — | Estimatedper the receiver | Filed Application of MNP Ltd. · 7 Jul 2025 | |
| SecuredBDC | Business Development Bank of Canada | — | paid in full | Finalper the receiver | Filed Application of MNP Ltd. · 7 Jul 2025 |
| Unsecured | Shirin Mahal Sweets & Restaurant Ltd. | — | conditional | per the receiver | Filed Application of MNP Ltd. · 7 Jul 2025 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
2 blurred figures above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plans3 engagements · 2 firms — latest: MNP Ltd., to 31 May 2025, in feesFiled Third Report of the Receiver · 7 Jul 2025
| Firm | Period | Hours | Fees | Rates | Source | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MNP Ltd.Receiverperiod 2 of 2 | to 31 May 2025 | — | not stated | Filed Third Report of the Receiver · 7 Jul 2025 | ||||||||||||||||
| MNP Ltd.Receiverperiod 2 of 2 | 1 May – 31 May 2025 | — | — | 2 people | Affidavit of Vanessa Allen · 7 Jul 2025 | |||||||||||||||
2 people — MNP Ltd., 1 May – 31 May 2025 · 6 blurred figures
| ||||||||||||||||||||
| Miller Thomson LLPCounsel to the receiver | to 31 May 2025 | — | not stated | Filed Third Report of the Receiver · 7 Jul 2025 | ||||||||||||||||
9 blurred figures above
What each firm billed, and each person’s hours and rate — each as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
| Final Report of the Receiver | PDF · Subscribers | |
| Receiver's Certificate | PDF · Subscribers | |
Order - Approving of Activities, Accounts, Final Distribution and Discharge of Receiver
| PDF · Subscribers | |
| Affidavit of Clarice Scheck | PDF · Subscribers | |
Affidavit of Vanessa Allen
| PDF · Subscribers | |
Filed Application of MNP Ltd.
| PDF · Subscribers | |
Filed Third Report of the Receiver
| PDF · Subscribers | |
Letter to Service List - July
| PDF · Subscribers | |
| Filed Approval and Vesting Order | PDF · Subscribers | |
Filed Order Approving Interim Distribution and Receiver's Activities
| PDF · Subscribers | |
Filed Sealing Order
| PDF · Subscribers | |
| Approval and Vesting Order | PDF · Subscribers | |
Order Approving Interim Distribution and Receiver's Activities
| PDF · Subscribers | |
Sealing Order
| PDF · Subscribers | |
| Brief Authorities | PDF · Subscribers | |
| Second Report of the Receiver | PDF · Subscribers | |
Order Approving Receiver's Activities, Sales Process and Sealing of Confidential Report
| PDF · Subscribers | |
| Application - Form 27 | PDF · Subscribers | |
| First Report of the Receiver | PDF · Subscribers | |
| Notice of Receivership | PDF · Subscribers | |
Final Notice and Statement of Receiver
| PDF · Subscribers | |
Receivership Order
| PDF · Subscribers | |
Affidavit of Hardeep Singh
| PDF · Subscribers | |
| Application by BDC to Appoint a Receiver and Manager | PDF · Subscribers | |
| Book of Authorities of the Plaintiff | PDF · Subscribers | |
| Brief of BDC for an Application to Appoint a Receiver and Manager | PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Amended Statement of Claim
| 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., “2345762 Alberta Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/2345762-alberta-ltd