Proceedings.

Asiyans Tex & Giftware 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
Court
Ontario Superior Court of Justice · Commercial List
File
CL-25-00753606-0000
Filings held4
Last activity1 Jun 2026
On the record112 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.

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Case updates4 dated entries

1 earlier update, back to 1 June 2026 subscribers.

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 2026176 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
Priority classCreditorAmountSource
SecuredRoyal Bank of Canada (RBC) · in 556 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

48 more claims across lower-ranking classes

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Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

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 20 September 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.

Asiyans Tex & Giftware Inc. — Receivership | Proceedings.