Motion Record of the Receiver dated October 15, 2026 (1 of 3) — Application / notice of application
8777691 Canada Inc. o/a Panjaab Transport and 2747826 Ontario Inc.
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- File
- CV-25-00752231-00CL
- Industry
- Transportation & logistics · Trucking & freight
8777691 Canada Inc., operating as Panjaab Transport, and 2747826 Ontario Inc. were placed in court-appointed receivership on September 19, 2025 under section 243 of the BIA. Royal Bank of Canada, first-in-time under April 11, 2022 general security agreements and first mortgages on 2101 and 2213 Ninth Line, Oakville, issued demand letters and section 244(1) notices on September 4, 2025; its schedule as at August 26, 2025 showed CAD $3,321,037.99 and USD $17,765.98 owing by Panjaab and CAD $8,933,845.20 by 274. At the September 19, 2025 hearing the bank claimed more than $11 million in the aggregate. The estate is contested: relatives of sole director Sandeep Singh hold subordinate charges of $1,200,000 and $2,000,000 registered without RBC's consent, and seven Repair and Storage Liens Act registrations totalling over $725,000 were registered through a related company to block leasing companies from enforcing.
Motion Record of the Receiver dated October 15, 2026 (2 of 3) — Application / notice of application
Motion Record of the Receiver dated October 15, 2026 (3 of 3) — Application / notice of application
The court appointed msi Spergel Inc. as receiver, on the application of Royal Bank of Canada. Court file CV-25-00752231-00CL.
Source: Order of the Honourable Justice Myers dated October 9, 2025
Responding Application Record of the Applicant dated October 7, 2025 — Application / notice of application
The court appointed msi Spergel Inc. as interim receiver, on the application of ROYAL BANK OF CANADA.
Source: Order of the Honourable Justice Myers dated September 19, 2025
8777691 Canada Inc. o/a Panjaab Transport and 2747826 Ontario Inc. — Receivership filed, Ontario.
Application Record of the Applicant dated September 18, 2025 Part 1 was filed.
Source: Application Record of the Applicant dated September 18, 2025 Part 1
Application Record of the Applicant dated September 18, 2025 Part 2 — Application / notice of application
Case update
Panjaab Transport: the receiver asks to sell trucks in other names
A year into RBC's receivership of Panjaab Transport and the company that owns its two Oakville properties, the receiver's motion for December 15 seeks an unreserved auction including equipment registered to two other companies, a Cushman & Wakefield listing, and an order compelling the sole director to produce records.
Debtor
8777691 Canada Inc. o/a Panjaab Transport and 2747826 Ontario Inc.
Applicant
Royal Bank of Canada
Receiver
msi Spergel inc.
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Myers | Ontario Superior Court of Justice | 4 orders, Sep 2025 – Oct 2025 | 117 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantRoyal Bank of Canada | Aird & Berlis LLP | 19 Sep 2025 | Factum · 5 Oct 2025 |
| CreditorHis Majesty the King in right of Ontario | Crown Law Office | 15 Oct 2026 | Application · 15 Oct 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Royal Bank of Canada · in 584 casesStated total of 3 loan accounts per RBC demand letter dated 2025-09-04. Guaranteed by 8777691 Canada Inc. (related party) and Sandeep Singh (individual guarantor). Security instrument not identified on the page provided. — debtor: 2747826 Ontario Inc. · as of 26 Aug 2025 | $8.93M | Application Record of the Applicant dated September 18, 2025 Part 2 |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 5 | PMSI / lessors | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
9 more claims in 3 classes The stack holds Secured, PMSI / lessors and Unsecured claims.
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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.
| Date | Document | File |
|---|---|---|
Motion Record of the Receiver dated October 15, 2026 (1 of 3)
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Motion Record of the Receiver dated October 15, 2026 (2 of 3)
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Motion Record of the Receiver dated October 15, 2026 (3 of 3)
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Endorsement of the Honourable Justice Myers dated October 9, 2025
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Order of the Honourable Justice Myers dated October 9, 2025
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Report of the Interim Receiver dated October 8, 2025
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| Responding Application Record of the Applicant dated October 7, 2025 | PDF · Subscribers | |
Factum of the Applicant dated October 5, 2025
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Endorsement of the Honourable Justice Myers dated September 19, 2025
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Order of the Honourable Justice Myers dated September 19, 2025
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Application Record of the Applicant dated September 18, 2025 Part 1
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Application Record of the Applicant dated September 18, 2025 Part 2
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Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “8777691 Canada Inc. o/a Panjaab Transport and 2747826 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/8777691-canada-inc-o-a-panjaab-transport-and-2747826-ontario-inc