2550123 Ontario Limited
- 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 297 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 | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
3 more claims in 1 class The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansClosed · the record states no distribution outcome.
| 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., “2550123 Ontario Limited” (Receivership (private)). Retrieved 5 November 2026, https://proceedings.ca/case/2550123-ontario-limited