2501192 Ontario Inc.
Follow- Proceeding
- Receivership (private)Subsection 245 & 246 (1) of the Bankruptcy and Insolvency Act
2501192 Ontario Inc., operating as Gong Cha Bubble Tea, remains in active insolvency proceedings following the appointment of a receiver on December 15, 2020. The receiver's statement of Property discloses cash on hand of $62,719.66 as at that date, the only property listed. Toronto-Dominion Bank holds a General Security Agreement over the company's property, with an estimated $185,151 owed as of the appointment date; TD also appears on the creditor list as an unsecured creditor in the same amount, which may reflect a deficiency or a duplicate entry. BMW Canada Inc, the Canada Revenue Agency and Emperor's Tea Canada Inc are also listed as unsecured creditors, each in an unknown amount.
Debtor
2501192 Ontario Inc.
Receiver
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Toronto-Dominion Bank · in 48 casesas of receivership appointment date (December 15, 2020) — General Security Agreement — Estimated amount owed to creditor holding security on the property, as stated in Notice and Statement of Receiver — debtor: 2501192 Ontario Inc. o/a Gong Cha Bubble Tea | $185K | Notice and Statement of the Receiver |
Closed · the record states no distribution outcome.
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Notice and Statement of the Receiver
| 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., “2501192 Ontario Inc.” (Receivership (private)). Retrieved 20 September 2026, https://proceedings.ca/case/2501192-ontario-inc