Proceedings.

AJS Metals Inc

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Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
File
CV-25-00000193-0000
Filings held3
Last activity10 Dec 2025
On the record352 days
Secured debtSubscribers
OverviewSummary updated

AJS Metals Inc is the subject of a court-appointed receivership before the Ontario Superior Court of Justice (In Bankruptcy and Insolvency), commenced on November 18, 2025 under section 243 of the Bankruptcy and Insolvency Act together with provincial Judicature Act authority. The proceeding opened with an interim order granted the same day and is carried under court file CV-25-00000193-0000 in Ontario. The matter remains active, and the interim order of November 18 is the only step recorded on the file to date.

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Case updates3 dated entries
Parties

Debtor

AJS Metals Inc

Receiver

MNP

Capital structureAs asserted in the filings
#Priority classCreditorAmountSource
4SecuredRoyal Bank of Canada · in 584 casesSecurity in the Property (Real Property and vehicles/equipment); applicant for receivership order — Estimated amount owed to creditor holding security in the Property, per Receiver's Notice s.4(d) — debtor: AJS Metals Inc.$961K245 Notice and Statement of Receiver
4Secured
4Secured
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

8 more claims in 2 classes The stack holds Secured and Unsecured 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.

Documents3 filings
DateDocumentFile
245 Notice and Statement of Receiver
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Endorsement of Justice McGee
  • Applicant Royal Bank of Canada
  • Appointee MNP Ltd.
  • Appointee role Receiver
  • Commencement date 18 November 2025
  • + 4 more extracted facts
PDF · Subscribers
Order of Justice McGee
  • Applicant ROYAL BANK OF CANADA
  • Appointee MNP Ltd
  • Appointee role receiver
  • Commencement date 18 November 2025
  • + 5 more extracted facts
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., “AJS Metals Inc” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/ajs-metals-inc

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/ajs-metals-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.

AJS Metals Inc — Receivership | Proceedings.