5925 N.W.T. Ltd.
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, section 41(1) of the Judicature Act, section 100 of the Business Corporations Act, and section 64(7) of the Personal Property Security Act
- File
- S-1-CV-2024-000381
Court file S-1-CV-2024-000381 is an active court-appointed receivership before the Supreme Court of the Northwest Territories, brought under section 243 of the Bankruptcy and Insolvency Act and provincial judicature legislation. The record carries two receivership orders, dated December 6 and December 13, 2024, the earlier of which is taken as the commencement of the proceeding. A further application was filed on July 10, 2025, dated at the City of Edmonton, in the Province of Alberta. The province recorded for the file is Alberta, while the proceeding sits in the Northwest Territories court. The receivership remains active.
The court granted an approval and vesting order for the sale to Hitendra Patel, Harpalsinh Chauhan and Dwijen Bharaci. Closing terms, as extracted: Vesting effective upon delivery of Receiver's Closing Certificate confirming payment and satisfaction of conditions.
Source: Order Confirming Sale
Application filed roughly seven months after the receivership orders, executed at the City of Edmonton in the Province of Alberta.
Source: Memorandum
Second receivership order entered one week later, likewise recorded as a commencement date in Supreme Court of the Northwest Territories file S-1-CV-2024-000381.
Source: Receivership Order
Receivership order made under BIA s. 243 and provincial judicature legislation, opening the proceeding; the file records this date as its commencement.
Source: Interim Receivership Order
Debtor
Engagements/Files
Receiver
D. Manning & Associates
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice MacPherson | Supreme Court of the Northwest Territories | 1 order, Dec 2024 | 1 case on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorD. Manning & Associates Inc | Witten LLP | 10 Jul 2025 | Application · 10 Jul 2025 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 985 casesDeemed trust claim — Deemed trust claim for source deductions; classified as deemed-trust quasi-governmental claim. — debtor: 5925 N.W.T. Ltd. operating as Hay River Suites | $5.78K | First Report of the Receiver and Magager |
| 4 | Secured | |||
| 4 | Secured |
2 more claims in 1 class The stack holds Deemed trusts (CRA and other) and Secured claims.
Every creditor and every amount, drawn to scale.
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See all plansThis 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 transactions · 1 proposed · 1 approved — The Transaction is hereby approvedOrder Confirming Sale · 15 Aug 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Hitendra Patel, Harpalsinh Chauhan and Dwijen Bharad942 Mackenzie Highway, Hay River, NT, and legally described as: LOTS 1008, 1009, 1010, 1011, 1012, 1013, 1014, AND 1015 · real property · nominee/assignee: for a company to be incorporated · agreement 24 Jun 2025 | Subscribers | Proposed | First Report of the Receiver and Magager |
| Hitendra Patel, Harpalsinh Chauhan and Dwijen Bharacithe Debtor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · nominee/assignee: 508273 N.W.T. LTD. · agreement 26 Jun 2025 | not stated | Approved15 Aug 2025 | Order Confirming Sale |
Secured creditors: shortfall.EstimatedBook of Authorities · 23 Jul 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | CCFL and the Royal Bank of Canada (secured creditors) | — | short by | Estimated | Book of Authorities · 23 Jul 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.
1 blurred figure above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
| Statement of Sales and Adjustments | PDF · Subscribers | |
| Bench Brief | PDF · Subscribers | |
Order Confirming Sale
| PDF · Subscribers | |
Book of Authorities
| PDF · Subscribers | |
Memorandum
| PDF · Subscribers | |
| Notice of Motion | PDF · Subscribers | |
First Report of the Receiver and Magager
| PDF · Subscribers | |
Receivership Order
| PDF · Subscribers | |
Interim Receivership Order
| 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., “5925 N.W.T. Ltd.” (Receivership (court-appointed)), Supreme Court of the Northwest Territories. Retrieved 4 November 2026, https://proceedings.ca/case/5925-n-w-t-ltd