Proceedings.

2599726 Ontario Corp.

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Proceeding
Receivership (court-appointed)Subsection 245 & 246 (1) of the Bankruptcy and Insolvency Act
Filings held1
Last activity12 Nov 2021
On the record2,186 days
Secured debtSubscribers
OverviewSummary updated

2599726 Ontario Corp. has been in receivership in Ontario since November 11, 2020, when MNP Ltd. became receiver under subsections 245 and 246(1) of the Bankruptcy and Insolvency Act. The proceeding remains active. The receiver's statement puts the estimated amount owed to Bank of Montreal, secured by a general security agreement, at CAD 112,558. The creditor list attached to the Notice and Statement of Receiver records the Canada Revenue Agency as an unsecured creditor in an amount listed as unknown, and also carries Bank of Montreal as an unsecured creditor for CAD 112,558 — the same balance appearing on both the secured and unsecured lists.

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Case updates1 dated entry
Parties

Debtor

2599726 Ontario Corp.

Receiver

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredBank of Montreal · in 297 casesGeneral Security Agreement — Estimated amount owed to secured creditor per receiver's statement — debtor: 2599726 Ontario Corp.$113KNotice and Statement of the Receiver
8Unsecured
8Unsecured

2 more claims in 1 class The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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This 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.

Documents1 filing
DateDocumentFile
Notice and Statement of the Receiver
  • Appointee MNP Ltd.
  • Appointee role receiver
  • Commencement date 11 November 2020
  • 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., “2599726 Ontario Corp.” (Receivership (court-appointed)). Retrieved 5 November 2026, https://proceedings.ca/case/2599726-ontario-corp

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/2599726-ontario-corp

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.