Proceedings.

Aranai Real Estate Inc. and Aranai Immobiler 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-25-00091834-0000
Industry
Real estate
Filings held3
Last activity7 Oct 2025
On the record394 days
Secured debtSubscribers
OverviewSummary updated

The debtor is not named in the record. A receivership order was made on October 7, 2025 in the Ontario Superior Court of Justice (In Bankruptcy and Insolvency), under court file CV-25-00091834-0000, and the proceeding under the Bankruptcy and Insolvency Act commenced the same day. The record shows no further milestones; the matter remains active.

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Case updates3 dated entries
Parties

Debtor

File Documents

Receiver

Albert Gelman

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
SecuredCaisse Desjardins Ontario Credit Union Inc. · in 23 cases73 Leonia Collateral Mortgage (Charge/Mortgage Instrument No. ST122484 registered April 30, 2021 over 69-73 Leonia Street, Cornwall, ON); 73 Leonia Assignment of Rents (Instrument No. ST122458 registered April 30, 2021); PPSA registration June 4, 2025, File No. 516974832, Registration No. 20250604 1550 1590 3469 — One of four loans comprising the Caisse's stated aggregate indebtedness of $771,579.10 as of May 14, 2025; personal guarantee (Unlimited General Guarantee dated October 6, 2021, unlimited amount) given by respondents/guarantors Chyn Chyn Ning, Shuye Chin Ning and Jia Chern Ning — deb · as of 14 May 2025$274KApplication Record dated September 10, 2025
Secured
Secured
Secured
Secured
Secured
Secured
Secured

7 more claims in 1 class The stack holds Secured claims.

Every creditor and every amount, drawn to scale.

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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
Appointment Order – dated October 7, 2025 (effective January 21, 2026)
  • Applicant Caisse Desjardins Ontario Credit Union Inc.
  • Appointee Albert Gelman Inc.
  • Appointee role receiver and manager
  • Commencement date 7 October 2025
  • + 8 more extracted facts
PDF · Subscribers
Application Record dated September 10, 2025
  • Applicant CAISSE DESJARDINS ONTARIO CREDIT UNION INC.
  • Appointee ALBERT GELMAN INC.
  • Appointee role Proposed Receiver
  • Commencement date 9 September 2025
  • + 7 more extracted facts
PDF · Subscribers
Factum dated September 10, 2025PDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Aranai Real Estate Inc. and Aranai Immobiler Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/aranai-real-estate-inc-and-aranai-immobiler-inc

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/aranai-real-estate-inc-and-aranai-immobiler-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.