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
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.
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
7 earlier updates, back to 19 September 2025 — subscribers.
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 | 103 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantRoyal Bank of Canada | Aird & Berlis LLP | 5 Oct 2025 | Factum · 5 Oct 2025 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Royal Bank of Canada · in 556 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 |
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.
| Date | Document | File |
|---|---|---|
Endorsement of the Honourable Justice Myers dated October 9, 2025
| PDF · Subscribers | |
Order of the Honourable Justice Myers dated October 9, 2025
| PDF · Subscribers | |
Report of the Interim Receiver dated October 8, 2025
| PDF · Subscribers | |
| Responding Application Record of the Applicant dated October 7, 2025 | PDF · Subscribers | |
Factum of the Applicant dated October 5, 2025
| PDF · Subscribers | |
Endorsement of the Honourable Justice Myers dated September 19, 2025
| PDF · Subscribers | |
Order of the Honourable Justice Myers dated September 19, 2025
| PDF · Subscribers | |
Application Record of the Applicant dated September 18, 2025 Part 1
| PDF · Subscribers | |
Application Record of the Applicant dated September 18, 2025 Part 2
| 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., “8777691 Canada Inc. o/a Panjaab Transport and 2747826 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/8777691-canada-inc-o-a-panjaab-transport-and-2747826-ontario-inc
Sources last checked · summary updated 7 August 2026 · Report a correction · Printed from proceedings.ca/case/8777691-canada-inc-o-a-panjaab-transport-and-2747826-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.