Proceedings.

4499127 Nova Scotia Limited

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Proceeding
Receivership (court-appointed)subsection 243(1) of the Bankruptcy and Insolvency Act and s. 43(9) of the Judicature Act
Court
Supreme Court of Nova Scotia
File
2025 Hfx No. 547515
Industry
Real estate · Residential development
Filings held34
Last activity18 Dec 2025
On the record380 days
Secured debtSubscribers
OverviewSummary updated

4499127 Nova Scotia Limited has been in court-appointed receivership since October 21, 2025, when the Supreme Court of Nova Scotia made a receivership order in the proceeding carried under file number 2025 Hfx No. 547515, also styled Hfx No. 547515. The appointment rests on section 243 of the Bankruptcy and Insolvency Act together with provincial Judicature Act authority. The receivership remains active. The record to date consists of the appointment itself; no further steps have been entered in this matter.

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Case updates34 dated entries
#Report

The officer filed report no. First Report. The receiver (BDO) is marketing and selling the debtor's unfinished residential duplex lots in Upper Onslow through a local realtor. Two sales (5 and 10 Summer Hill) have closed following court approval, and four further sales (23/25, 30/32, 34/36, 38/40 Summer Hill) are before the Court for approval, with proceeds to be held in trust pending a distribution order.

Source: First Report of the Receiver dated November 28, 2025

Parties

Debtor

4499127 Nova Scotia Limited

Receiver

BDO

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice BodurthaSupreme Court of Nova Scotia6 orders, Dec 20256 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverBDOBoyneClarke LLP14 Oct 2025Service list · 14 Oct 2025
CreditorDon Groves & Son Construction LimitedBurchell MacDougall LLP14 Oct 2025Service list · 14 Oct 2025
CreditorExpress Mortgage Corporation LimitedStewart McKelvey14 Oct 2025Service list · 14 Oct 2025
CreditorGraysbrook Capital LimitedBurchell Wickwire Bryson LLP14 Oct 2025Service list · 14 Oct 2025
CreditorHigh Tide Building Centres LimitedPatterson Law14 Oct 2025Service list · 14 Oct 2025
CreditorQuality Concrete IncStewart McKelvey14 Oct 2025Service list · 14 Oct 2025
CreditorS. Sorensen Electric Company LimitedPink Larkin14 Oct 2025Service list · 14 Oct 2025
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredExpress Mortgage Corporation LimitedMortgage dated November 9, 2023 (registered document nos. 123380173 and 123380199) over Residential Properties at Upper Onslow, Colchester County, NS; General security agreement dated October 20, 2023 over all present and after-acquired personal property (PPSA registration no. 40988990, registered March 5, 2025) — Approximate loans outstanding of $2.4 million per demand letter dated March 11, 2025 (s.244 BIA notice); primary secured lender and appointer of Private Receiver — debtor: 4499127 Nova Scotia Limited · as of 11 Mar 2025$2.4MPre-Filing Report of the Proposed Receiver dated October 14, 2025
Secured
Secured

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

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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.

Sale processAs stated in the filings

10 transactions · 5 approved · 4 closed · 1 terminated — The Transaction is hereby approvedSale Approval & Vesting Order (19-21 Summer Hill) dated December 18 2025 · 18 Dec 2025

Bids received

11

Second Report of the Receiver dated December 15, 2025

PurchaserPriceStatusSource
4426019 Nova Scotia Limited3032 Summer Hill Place, Upper Onslow, Nova Scotia (PID No. 20498549) · real property · agreement 8 Oct 2025not statedCloseddate not statedSecond Report of the Receiver dated December…
one agreement of purchase and sale terminated due to financing conditionone of the six executed agreements of purchase and sale for the Residential Properties · real propertynot statedTerminatedSecond Report of the Receiver dated December…
4426019 Nova Scotia Limited23 Summer Hill Place, Upper Onslow, Nova Scotia, more particularly described as PID 20501326 and 25 Summer Hill Place, Upper Onslow, Nova Scotia, more particularly described as PID 20501334 · real property · nominee/assignee: the Purchaser's assignee, nominee or designate · agreement 8 Oct 2025not statedApproved28 Nov 2025Sale Approval Order (23/25 Summer Hill Place)…
Atinuke Matilukuro5 Summer Hill Place, Upper Onslow, Nova Scotia · real property · agreement 25 Jul 2025not statedClosed28 Oct 2025First Report of the Receiver dated November 28,…
Juan Guerra and Armonia Escapathat certain real property located at 10 Summer Hill Place, Upper Onslow, Nova Scotia (PID No. 20500377) · real property · agreement 21 Aug 2025not statedClosed31 Oct 2025First Report of the Receiver dated November 28,…
Nateghi Commercial Inc.the real property located at: 38-40 Summer Hill Place, Upper Onslow, Nova Scotia, more particularly described as PID 20498523 · real property · agreement 8 Oct 2025not statedCloseddate not statedSecond Report of the Receiver dated December…
Nateghi Commercial Inc.the real property located at 34-36 Summer Hill Place, Upper Onslow, Nova Scotia, more particularly described as PID 20498531 · real property · nominee/assignee: the Purchaser's assignee, nominee or designate · agreement 8 Oct 2025not statedApproved2 Dec 2025Sale Approval Order (34/36 Summer Hill Place)…
13004279 Canada Inc.the real property located at: lot 2 Roseway Lane, Upper Onslow, Nova Scotia, more particularly described as PID 20498515 · real property · nominee/assignee: the Purchaser's assignee, nominee or designate · agreement 10 Nov 2025not statedApproved18 Dec 2025Sale Approval & Vesting Order (2 Roseway) dated…
Eid Mohammad Fazeli and Hadi Jafarithe real property located at lot 38 Roseway Lane, Upper Onslow, Nova Scotia, more particularly described as PID 20498671 · real property · nominee/assignee: the Purchaser's assignee, nominee or designate · agreement 10 Oct 2025not statedApproved18 Dec 2025Sale Approval & Vesting Order (4 Roseway) dated…
Ratko Antovic19 Summer Hill Place, Upper Onslow, Nova Scotia, more particularly described as PID 20501300 and 21 Summer Hill Place, Upper Onslow, Nova Scotia, more particularly described as PID 20501318 · real property · nominee/assignee: and/or assignee · agreement 14 Oct 2025not statedApproved18 Dec 2025Sale Approval & Vesting Order (19-21 Summer…
Closing termsVesting occurs upon delivery of a Receiver's Deed and Receiver's Certificate to the Purchaser and closing of the Transaction in accordance with the AgreementSale Approval & Vesting Order (4 Roseway) dated December 18 2025
Documents
34 filings
DateDocumentFile
Sale Approval & Vesting Order (19-21 Summer Hill) dated December 18 2025
  • Closing terms Upon the delivery of a Receiver's Deed and a Receiver's Certificate ... and closing the Transaction in accordance with the Agreement, all of the Respondent's and the Receiver's right, title and interest in and to the Property shall vest absolutely in such Purchaser
  • Order date 18 December 2025
  • Presiding officer Justice John P. Bodurtha
  • Purchaser Ratko Antovic · nominee/assignee and/or assignee · 19 Summer Hill Place, Upper Onslow, Nova Scotia, more particularly described as PID 20501300 and 21 Summer Hill Place, Upper Onslow, Nova Scotia, more particularly described as PID 20501318 · real property · approved
  • + 2 more extracted facts
PDF · Subscribers
Sale Approval & Vesting Order (2 Roseway) dated December 18 2025
  • Closing terms Vesting effective upon delivery of Receiver's Deed and Receiver's Certificate
  • Order date 18 December 2025
  • Presiding officer Justice John P. Bodurtha
  • Purchaser 13004279 Canada Inc. · nominee/assignee the Purchaser's assignee, nominee or designate · the real property located at: lot 2 Roseway Lane, Upper Onslow, Nova Scotia, more particularly described as PID 20498515 · real property · approved
  • + 2 more extracted facts
PDF · Subscribers
Sale Approval & Vesting Order (4 Roseway) dated December 18 2025
  • Closing terms Vesting occurs upon delivery of a Receiver's Deed and Receiver's Certificate to the Purchaser and closing of the Transaction in accordance with the Agreement
  • Order date 18 December 2025
  • Presiding officer Justice John P. Bodurtha
  • Purchaser Eid Mohammad Fazeli and Hadi Jafari · nominee/assignee the Purchaser's assignee, nominee or designate · the real property located at lot 38 Roseway Lane, Upper Onslow, Nova Scotia, more particularly described as PID 20498671 · real property · approved
  • + 1 more extracted fact
PDF · Subscribers
Draft Approval and Vesting Order 1921 Summer Hill - dated December 15, 2025PDF · Subscribers
Draft Approval and Vesting Order 2 Roseway - dated December 15, 2025PDF · Subscribers
Draft Approval and Vesting Order 4 Roseway - dated December 15, 2025PDF · Subscribers
Notice Brief of Cases - dated December 15, 2025PDF · Subscribers
Notice of Motion - dated December 15, 2025PDF · Subscribers
Santimaw Affidavit - dated December 15, 2025PDF · Subscribers
Second Report of the Receiver dated December 15, 2025
  • Closing confirmed Closed · date not stated · 4426019 Nova Scotia Limited; Closed · date not stated · Nateghi Commercial Inc.
  • Process results 11 bids
  • Purchaser purchaser of 5 Summer Hill, unnamed in report body · 5 Summer Hill Place, Upper Onslow, Nova Scotia · real property · proposed; 4426019 Nova Scotia Limited · 3032 Summer Hill Place, Upper Onslow, Nova Scotia (PID No. 20498549) · real property · closed; Nateghi Commercial Inc. · 38-40 Summer Hill Place, Upper Onslow, Nova Scotia (PID No. 20498523) · real property · closed; one agreement of purchase and sale terminated due to financing condition · one of the six executed agreements of purchase and sale for the Residential Properties · real property · terminated
  • Financial position Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Sale Approval Order (23/25 Summer Hill Place) dated December 2, 2025
  • Closing terms Vesting occurs upon delivery of a Receiver's Deed and Receiver's Certificate and closing the Transaction in accordance with the Agreement.
  • Order date 28 November 2025
  • Purchaser 4426019 Nova Scotia Limited · nominee/assignee the Purchaser's assignee, nominee or designate · 23 Summer Hill Place, Upper Onslow, Nova Scotia, more particularly described as PID 20501326 and 25 Summer Hill Place, Upper Onslow, Nova Scotia, more particularly described as PID 20501334 · real property · approved
  • Stalking horse Subscribers
PDF · Subscribers
Sale Approval Order (30/32 Summer Hill Place) dated December 2, 2025
  • Presiding officer Justice John R. Bodurtha
PDF · Subscribers
Sale Approval Order (34/36 Summer Hill Place) dated December 2, 2025
  • Closing terms Closing occurs upon delivery of a Receiver's Deed and a Receiver's Certificate to the Purchaser
  • Presiding officer Justice John P. Bodurtha
  • Purchaser Nateghi Commercial Inc. · nominee/assignee the Purchaser's assignee, nominee or designate · the real property located at 34-36 Summer Hill Place, Upper Onslow, Nova Scotia, more particularly described as PID 20498531 · real property · approved
  • Sale outcome Sale approved — The Transaction is hereby approved
  • + 1 more extracted fact
PDF · Subscribers
Sale Approval Order (38/40 Summer Hill Place) dated December 2, 2025
  • Closing terms Vesting occurs upon delivery of a Receiver's Deed and a Receiver's Certificate and closing of the Transaction in accordance with the Agreement.
  • Order date 2 December 2025
  • Presiding officer Justice John P. Bodurtha
  • Purchaser Nateghi Commercial Inc. · the real property located at: 38-40 Summer Hill Place, Upper Onslow, Nova Scotia, more particularly described as PID 20498523 · real property · approved
  • + 2 more extracted facts
PDF · Subscribers
First Report of the Receiver dated November 28, 2025
  • Closing confirmed Closed · 28 Oct 2025 · Atinuke Matilukuro; Closed · 31 Oct 2025 · Juan Guerra and Armonia Escapa
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 8 more extracted facts
PDF · Subscribers
Notice Brief of Cases dated November 28, 2025PDF · Subscribers
Notice of Motion Dated November 28, 2025PDF · Subscribers
Santimaw Affidavit dated November 28, 2025PDF · Subscribers
Receiver Activities Approval Order dated October 21, 2025PDF · Subscribers
Receivership Order dated October 21, 2025
  • Applicant Express Mortgage Corporation Limited
  • Appointee BDO Canada Limited
  • Appointee role receiver and manager
  • Commencement date 21 October 2025
  • + 3 more extracted facts
PDF · Subscribers
Sale Approval Order (10 Summer Hill Place) dated October 21, 2025PDF · Subscribers
Sale Approval Order (5 Summer Hill Place) dated October 21, 2025PDF · Subscribers
Application Brief dated October 14, 2025PDF · Subscribers
Book of Authorities dated October 14, 2025PDF · Subscribers
Draft Activities Approval Order dated October 14, 2025PDF · Subscribers
Draft Receivership Order dated October 14, 2025
  • Applicant Express Mortgage Corporation Limited
  • Appointee BDO Canada Limited
  • Appointee role receiver and manager
  • Court SUPREME COURT OF NOVA SCOTIA
  • + 2 more extracted facts
PDF · Subscribers
Draft Sale Approval Order (10 Summer Hill) dated October 14, 2025PDF · Subscribers
Notice of Application in Chambers dated October 14, 2025
  • Counsel BoyneClarke LLP
  • Financial position · Secured creditors Subscribers
PDF · Subscribers
Pre-Filing Report of the Proposed Receiver dated October 14, 2025
PDF · Subscribers
Service List as at October 14, 2025
  • Counsel Stewart McKelvey
PDF · Subscribers
Affidavit of Jo-Anne Nozick sworn October 13, 2025PDF · Subscribers
Solicitors Affidavit sworn October 10, 2025
PDF · Subscribers
Certificate of AppointmentPDF · Subscribers
Notice Statement of ReceiverPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “4499127 Nova Scotia Limited” (Receivership (court-appointed)), Supreme Court of Nova Scotia. Retrieved 4 November 2026, https://proceedings.ca/case/4499127-nova-scotia-limited

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Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/4499127-nova-scotia-limited

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.