Proceedings.

2854821 Ontario Inc. and 2854900 Ontario Inc.

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Proceeding
Receivership (court-appointed)Subsection 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended and Section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended
File
CV-24-00715149-00CL
Filings held11
Last activity10 Dec 2025
On the record936 days
Secured debtSubscribers
OverviewSummary updated

2854821 Ontario Inc. and 2854900 Ontario Inc. have been in court-appointed receivership since February 28, 2024, when the Ontario Superior Court of Justice (Commercial List) appointed The Fuller Landau Group Inc. receiver on the application of Roynat Inc., under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act, in court file CV-24-00715149-00CL. Roynat asserts a principal amount of $5,836,946.44 as of January 23, 2024, plus interest and legal fees. Registered charges also stand at $3,000,000.00 in favour of 2689918 Ontario Inc., 13723011 Canada Inc. and 1000158298 Ontario Inc., and $1,100,000.00 in favour of 2806417 Ontario Inc. — registered principal amounts rather than confirmed balances. The receiver reports being advised by the company's sole director and shareholder that 2854821 Ontario Inc. has no unsecured creditors and maintained no books, records or bank accounts.

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Case updates11 dated entries

8 earlier updates, back to 28 February 2024 subscribers.

Parties

Debtor

2854821 Ontario Inc. and 2854900 Ontario Inc.

Receiver

Fuller Landau

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredRoynat Inc. · in 47 casesGeneral Security Agreement dated February 24, 2023, and first-priority mortgage on the Real Property — Principal amount as of January 23, 2024, plus interest and legal fees; no security opinion/review completed by Receiver's counsel as of date of notice — debtor: 2854821 Ontario Inc. · as of 23 Jan 2024$5.84M2854821 - Notice and Statement of Receiver

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.

2 more claims across lower-ranking classes

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RecoveriesAs declared or paid

Roynat: a distribution.FinalFinal Report Under Section 246(3) · 10 Dec 2025

ClassCreditorClaimsRecoveryBasisSource
SecuredRoynata distributionFinalper the receiverFinal Report Under Section 246(3) · 10 Dec 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 stated figures across 1 outcome, each sourced

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Documents
11 filings
DateDocumentFile
Discharge CertificatePDF · Subscribers
Final Report Under Section 246(3)
  • Recovery outcome Entries: per actual · Stated on: 2025-12-10 · Table missing:
PDF · Subscribers
Ancillary Order
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Approval and Vesting OrderPDF · Subscribers
Endorsement
  • Presiding officer Justice P. Cavanagh
PDF · Subscribers
Motion Record
  • Recovery outcome Entries: per unstated; per unstated · Table missing:
PDF · Subscribers
Motion Record of the Receiver
  • Applicant ROYNAT INC.
  • Appointee The Fuller Landau Group Inc.
  • Appointee role Receiver
  • Commencement date 30 May 2025
  • + 3 more extracted facts
PDF · Subscribers
2854821 - Notice and Statement of Receiver
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
2854900 - Notice and Statement of ReceiverPDF · Subscribers
Receivership Order
  • Applicant Roynat Inc.
  • Appointee The Fuller Landau Group Inc.
  • Appointee role Receiver
  • Commencement date 28 February 2024
  • + 5 more extracted facts
PDF · Subscribers
Application Record
  • Applicant ROYNAT INC.
  • Commencement date 15 February 2024
  • Court SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Court file no CV-24-00715149-00CL
  • + 1 more extracted fact
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., “2854821 Ontario Inc. and 2854900 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/2854821-ontario-inc-and-2854900-ontario-inc

Sources last checked · summary updated 22 August 2026 · Report a correction · Printed from proceedings.ca/case/2854821-ontario-inc-and-2854900-ontario-inc

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.