#Filing
The Toronto-Dominion Bank appointed Grant Thornton Limited private receiver of 61650 Newfoundland & Labrador Inc. under subsections 245(1) and 246(1) of the Bankruptcy and Insolvency Act.
61650 Newfoundland & Labrador Inc.
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- Proceeding
- Receivership (private)Subsection 245(1) and 246(1) of the Bankruptcy and Insolvency Act
Filings held1
Last activity2 Dec 2025
On the record338 days
OverviewSummary updated
61650 Newfoundland & Labrador Inc. is under insolvency proceedings that began December 2, 2025, when the Toronto-Dominion Bank appointed Grant Thornton Limited private receiver of the company, citing subsections 245(1) and 246(1) of the Bankruptcy and Insolvency Act. TD held security over the company's present and after-acquired personal property under a general security agreement registered in the Newfoundland and Labrador personal property registry on May 3, 2019, and reported the company owed $642,269.38 on a HASCAP loan and $10,000.00 on a line of credit as at March 13, 2026, though the Receiver noted the company's books and records were incomplete. Nissan Canada Inc. was recorded as owed $161,744.23 on a vehicle loan. Among trade creditors, Minus Forty Technologies was listed at $22,108.88 and Martin Whalen Hennebury Stamp Barristers & Solicitors at $17,312.68.
Proceedings AIOpen Proceedings AI
Case updates1 dated entry
Parties
Debtor
61650 Newfoundland & Labrador Inc.
Receiver
Doane Grant Thornton
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 985 casesNot specified — Placeholder amount of $1.00 used by Receiver for unknown/potential creditor amounts due to incomplete books and records; actual balance not stated. Listed as secured in the March 17 letter's summary table but does not appear in the detailed Schedule A secured list; classification uncertain given incomplete records. — debtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $1 | 245-246 Notice with Schedule dated March 17, 2026 |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
26 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.
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See all plansDocuments1 filing
| Date | Document | File |
|---|---|---|
245-246 Notice with Schedule dated March 17, 2026
| 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., “61650 Newfoundland & Labrador Inc.” (Receivership (private)). Retrieved 5 November 2026, https://proceedings.ca/case/61650-newfoundland-labrador-inc