2550123 Ontario Limited
Follow- Proceeding
- Receivership (private)Subsection 245 & 246 (1) of the Bankruptcy and Insolvency Act
2550123 Ontario Limited remains subject to active insolvency proceedings in Ontario. Bank of Montreal holds security over the company's property under a General Security Agreement, with the amount owing estimated at CAD 640,807.59 as of March 11, 2021. The creditor list filed in the proceedings records Bodkin Capital Corporation and the Canada Revenue Agency as unsecured creditors, each in an amount listed as unknown, and also carries the Bank of Montreal claim of CAD 640,807.59 on the unsecured side in addition to its secured position.
Debtor
2550123 Ontario Limited
Receiver
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Bank of Montreal · in 279 casesGeneral Security Agreement — Estimated amount owed to creditor holding security on the property as of receivership appointment date — debtor: 2550123 Ontario Limited. · as of 11 Mar 2021 | $641K | Notice and Statement of the Receiver |
| 8 | Unsecured | Bank of Montreal · in 279 casesSame claim also listed as secured claim above; also appears on the unsecured creditor list — debtor: 2550123 Ontario Limited. · as of 11 Mar 2021 | $641K | Notice and Statement of the Receiver |
| 8 | Unsecured | Canada Revenue Agency · in 926 casesAmount listed as 'Unknown' — debtor: 2550123 Ontario Limited. | — | Notice and Statement of the Receiver |
| 8 | Unsecured | Bodkin Capital Corporation · in 7 casesAmount listed as 'Unknown' — debtor: 2550123 Ontario Limited. | — | Notice and Statement of the Receiver |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
Closed · the record states no distribution outcome.
| Date | Document | File |
|---|---|---|
Notice and Statement of the Receiver
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “2550123 Ontario Limited” (Receivership (private)). Retrieved 20 September 2026, https://proceedings.ca/case/2550123-ontario-limited