Antex Designs Inc. is the subject of an application by Royal Bank of Canada, before the Ontario Superior Court of Justice under court file number CV-14-10741-OOCL, to appoint The Fuller Landau Group Inc. as receiver under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. RBC's demand letter of September 5, 2014 stated total indebtedness of $1,488,499.16 plus US$66.03 as at September 3, 2014, secured by a general security agreement dated May 15, 2009 and by guarantees from Ankur Holdings Inc., Anil Shah and Ajit Someshwar. The proceeding is active.
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The officer filed report no. Interim Report under Section 246(2). The Receiver continues to collect the Company's accounts receivable and reports that there will not be sufficient funds to repay the secured creditor, leaving no funds available for unsecured creditors.
Royal Bank of Canada · in 556 casesGeneral security agreement dated May 15, 2009 (first-ranking security interest in all personal property); guarantees from Ankur Holdings Inc. ($2,450,000 limit), Anil Shah and Ajit Someshwar ($750,000 limit each); postponement and assignment of claims by Ajit Someshwar and Ankur Holdings Inc.; priority agreement subordinating Ankur Holdings Inc.'s security interest to RBC's — Demand letter dated September 5, 2014 states total indebtedness of CAD $1,488,499.16 plus USD $66.03 as at September 3, 2014, per diem CAD $186.04. Facility #1 is a demand facility; Events of Default declared (breach of f · as of 3 Sep 2014
Interim Report Under Section 246(2) to April 30, 2015
Operational summaryThe Receiver continues to collect the Company's accounts receivable and reports that there will not be sufficient funds to repay the secured creditor, leaving no funds available for unsecured creditors.
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CiteProceedings., “Antex Designs Inc.” (CCAA), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/antex-designs-inc
Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/antex-designs-inc
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