Proceedings.

Asiyans Tex & Giftware Inc.

ActiveFollow
Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
Court
Ontario Superior Court of Justice · Commercial List
File
CL-25-00753606-0000
Filings held4
Last activity11 Jun 2026
On the record157 days
Secured debtSubscribers
OverviewSummary updated

Asiyans Tex & Giftware Inc. is in court-appointed receivership in Ontario, commenced on June 1, 2026 by a Receivership Order of that date. The proceeding is before the Ontario Superior Court of Justice, on the Commercial List, under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. A report of the court-appointed officer was filed the same day the order was made. The receivership remains active, and the record to date shows no further steps.

Ask in plain language. The answer comes only from this case’s filings, each one cited.
Enter to send · Shift+Enter for a new line
Open this case in Proceedings AI⁠Save your chats, keep long conversations going, and ask across every case.
Case updates4 dated entries
Parties

Debtor

Asiyans Tex & Giftware Inc.

Receiver

KPMG

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice BlackOntario Superior Court of Justice1 order, Jun 2026198 cases on record

Counsel of record

PartyCounselFirst seenSource
Secured creditorDBNC Group IncAgueci Calabretta1 Jun 2026Service list · 1 Jun 2026
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredRoyal Bank of Canada (RBC) · in 584 casesas of Receivership Date (June 1, 2026) — General security agreement, representing a charge over all assets of the Debtor — Amount per Application Record returnable January 5, 2026; Receiver has not obtained a legal opinion and makes no acknowledgement as to validity of security or quantum claimed. — debtor: Asiyans Tex and Giftware Inc.$1.55MNotice and Statement of the Receiver dated June 11, 2026
4Secured
4Secured
4Secured
4Secured
4Secured
7Preferred (BIA s. 136)
8Unsecured
8Unsecured
8Unsecured

48 more claims in 3 classes The stack holds Secured, Preferred (BIA s. 136) and Unsecured claims.

Every creditor and every amount, drawn to scale.

Start 5-day trial

Card required. Nothing charged for 5 days. Cancel anytime.

Already a subscriber? Sign in.

See all plans⁠
Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

Start 5-day trial

Card required. Nothing charged for 5 days. Cancel anytime.

Already a subscriber? Sign in.

See all plans⁠
Documents4 filings
DateDocumentFile
Notice and Statement of the Receiver dated June 11, 2026
  • Applicant Royal Bank Canada
  • Appointee KPMG Inc.
  • Appointee role receiver and manager
  • Commencement date 1 June 2026
  • + 5 more extracted facts
PDF · Subscribers
Appointment Order dated June 1, 2026
  • Applicant Royal Bank of Canada
  • Appointee KPMG Inc.
  • Appointee role receiver and manager
  • Court SUPERIOR COURT OF JUSTICE
  • + 3 more extracted facts
PDF · Subscribers
Endorsement of J. Black dated June 1, 2026
  • Presiding officer Justice W.D. Black
PDF · Subscribers
Service List as at June 1, 2026
  • Counsel Agueci Calabretta
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., “Asiyans Tex & Giftware Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 4 November 2026, https://proceedings.ca/case/asiyans-tex-giftware-inc

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