Proceedings.

Bennette Chase Inc.

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Active
Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and sections 13(2) of the Judicature Act
File
2501-16951
Filings held11
Last activity8 Sep 2026
On the record173 days
Secured debt$1.31M
OverviewSummary updated

Bennette Chase Inc. is in court-appointed receivership in Alberta following a receivership order pronounced on April 1, 2026 in the Court of King's Bench of Alberta in Bankruptcy and Insolvency, under Court File No. 2501-16951. The proceeding is grounded in section 243 of the Bankruptcy and Insolvency Act together with provincial Judicature Act authority, and it remains active. The record in this matter presently begins and ends with the April 1, 2026 order; no later milestone has been entered against the file.

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Case updates11 dated entries
#Report

MNP Ltd.'s First Report: the first sale process drew over 40 signed NDAs but no sale, so a second process follows through NAI Commercial Real Estate Inc.; receipts were $234,752 and disbursements $174,541 to September 4, 2026.

Source: First Report of the Receiver

#Order

Placed Bennette Chase Inc. into court-appointed receivership, the order being pronounced April 1, 2026 in Court of King's Bench of Alberta file 2501-16951.

Source: Receivership Order

Case update

Bennette Chase: forty interested parties and no sale

A four-pump Esso on 34 Avenue SE in Calgary has been closed since the receiver took it over in April. Forty parties signed non-disclosure agreements, four thousand people looked at it online, and nobody bought it. On September 8 the receiver asked to relist $405,000 lower and to raise its own charge from $300,000 to $500,000 — against professional fees of $248,467 and $60,200 left in the account.

Parties

Debtor

Bennette Chase Inc.

Receiver

MNP

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice MahCourt of King's Bench of Alberta1 order, Apr 202657 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverMNPBurnet Duckworth & Palmer LLP20 Mar 2026Service list · 20 Mar 2026
ApplicantDentons Canada LLP20 Mar 2026Service list · 20 Mar 2026
Capital structureAs asserted in the filings
stated amounts, drawn to scale · 15 named without a figure
#Priority classCreditorAmountSource
4SecuredServus Credit Union Ltd. · in 23 casesIdentified on Alberta Personal Property Registry / Alberta Land Title search — Schedule A table lists a rounded figure of $1,312,915; the affidavit of W.J. (Bill) Moore sworn March 3, 2026 states the exact amount of approximately $1,312,914.58 CAD, which is used as the amount here per the more precise dated figure. — debtor: Bennette Chase Inc. · as of 3 Mar 2026$1.31MNotice and Statement of Receiver - Bennette Chase Inc
4SecuredParkland Corporation · in 14 casesas of date of this notice — Identified on Alberta Personal Property Registry / Alberta Land Title search — debtor: Bennette Chase Inc.$120KNotice and Statement of Receiver - Bennette Chase Inc
4SecuredGaston Rajakarunaas of date of this notice — Identified on Alberta Personal Property Registry / Alberta Land Title search — Amount unknown; Receiver states it does not know the quantum outstanding as at the date of this notice. — debtor: Bennette Chase Inc.Notice and Statement of Receiver - Bennette Chase Inc
4SecuredMortgagequote Canada Corp. · in 2 casesas of date of this notice — Identified on Alberta Personal Property Registry / Alberta Land Title search — Amount unknown; Receiver states it does not know the quantum outstanding as at the date of this notice. — debtor: Bennette Chase Inc.Notice and Statement of Receiver - Bennette Chase Inc
4Secured1728778 Alberta Ltd.as of date of this notice — Identified on Alberta Personal Property Registry / Alberta Land Title search — Amount unknown; Receiver states it does not know the quantum outstanding as at the date of this notice. — debtor: Bennette Chase Inc.Notice and Statement of Receiver - Bennette Chase Inc
4SecuredBodkin, A division of Bennington Financial Corp. · in 10 casesas of date of this notice — Identified on Alberta Personal Property Registry / Alberta Land Title search — Amount unknown; Receiver states it does not know the quantum outstanding as at the date of this notice. — debtor: Bennette Chase Inc.Notice and Statement of Receiver - Bennette Chase Inc
8UnsecuredCity of Calgary · in 10 casesas of date of this notice — Amount unknown per Receiver. — debtor: Bennette Chase Inc.Notice and Statement of Receiver - Bennette Chase Inc
8UnsecuredWestern Financial Group · in 3 casesas of date of this notice — Amount unknown per Receiver. — debtor: Bennette Chase Inc.Notice and Statement of Receiver - Bennette Chase Inc
8UnsecuredCanada Revenue Agency · in 926 casesas of date of this notice — Amount unknown per Receiver. — debtor: Bennette Chase Inc.Notice and Statement of Receiver - Bennette Chase Inc
8UnsecuredWorkers' Compensation Board of Alberta · in 7 casesas of date of this notice — Amount unknown per Receiver. — debtor: Bennette Chase Inc.Notice and Statement of Receiver - Bennette Chase Inc
8UnsecuredAlberta Treasury Board and Finance · in 3 casesas of date of this notice — Amount unknown per Receiver. — debtor: Bennette Chase Inc.Notice and Statement of Receiver - Bennette Chase Inc
8UnsecuredDirect Energy Business · in 8 casesas of date of this notice — Amount unknown per Receiver. — debtor: Bennette Chase Inc.Notice and Statement of Receiver - Bennette Chase Inc
8UnsecuredCollective Waste Solutions Inc. · in 2 casesas of date of this notice — Amount unknown per Receiver. — debtor: Bennette Chase Inc.Notice and Statement of Receiver - Bennette Chase Inc
8UnsecuredEnmax Corporation · in 4 casesas of date of this notice — Amount unknown per Receiver. — debtor: Bennette Chase Inc.Notice and Statement of Receiver - Bennette Chase Inc
8UnsecuredTelus Communications · in 39 casesas of date of this notice — Amount unknown per Receiver. — debtor: Bennette Chase Inc.Notice and Statement of Receiver - Bennette Chase Inc
8UnsecuredArctic Glacier Premium Iceas of date of this notice — Amount unknown per Receiver. — debtor: Bennette Chase Inc.Notice and Statement of Receiver - Bennette Chase Inc
8UnsecuredAGLC · in 6 casesas of date of this notice — Amount unknown per Receiver. — debtor: Bennette Chase Inc.Notice and Statement of Receiver - Bennette Chase Inc

“not stated” means the record names the claim without a figure; “” means not in the extracted record.

Sale processAs stated in the filings

No acceptable bidFirst Sale Process did not result in a sale of the Property; Receiver launching Second Sale ProcessFirst Report of the Receiver · 8 Sep 2026

Bid deadline (round closed)

31 July 2026

Real Property Sale Process

PurchaserPriceStatusSource
First Sale Process did not result in a salethe Property · real propertySealedDetails regarding the outcome of the First Sales Process and the bids received are included in the Confidential Supplement.Not completedFirst Report of the Receiver
AdvisorsNAI Commercial Real Estate Inc. (listing broker)First Report of the Receiver
Estate financialsReported figures — never derived
Total assets at filing$2.19M

As at 1 Apr 2026 · per Net book value; note in document states realizable values may materially differ · Bennette Chase Inc. (entity level, Property described in Receivership Order) — Asset table gives net book value only (PP&E, advances and investments, inventory, due from related parties); no consolidated total liabilities figure stated. Secured creditor amounts are reported separately in Schedule A rather than as a balance-sheet liability total.

Cumulative receipts

$235K

As at 8 Sep 2026First Report of the Receiver

Cumulative disbursements

$175K

As at 8 Sep 2026First Report of the Receiver

Cash on hand

$60.2K

As at 8 Sep 2026First Report of the Receiver

Professional fees to date

$248K

As at 8 Sep 2026First Report of the Receiver

Documents
11 filings
DateDocumentFile
Application (Sale Process)PDF
First Report of the Receiver
  • Cash on hand $60.2K · Note: Total ending cash available as of September 4, 2026 · As at: 2026-09-04 · Qualifier: approximately
  • Disbursements $175K · Note: Primarily Property Taxes, Security, Insurance, Utilities, Repairs and Maintenance, Lease, Consultants, GST Paid, and Advertising · Since: April 1, 2026 (Receivership Date) to September 4, 2026
  • Operational summary The Receiver took possession of the Gas Station and shut it down on the Receivership Date, and has not operated it since; the Receiver is conducting a second sale process to market and sell the Property after an unsuccessful first sale process.
  • Process results 40 NDAs · as of 8 Sep 2026
  • + 7 more extracted facts
PDF
Confidentiality AgreementPDF
Real Property Sale Process
  • Bid deadline 31 July 2026
  • Sale advisor NAI Commercial Real Estate Inc. (sale agent)
PDF
Sale Process Disclosure LetterPDF
Notice and Statement of Receiver - Bennette Chase Inc
  • Financial position Assets $2.19M · as at 1 Apr 2026 · per Net book value; note in document states realizable values may materially differ · Bennette Chase Inc. (entity level, Property described in Receivership Order) — Asset table gives net book value only (PP&E, advances and investments, inventory, due from related parties); no consolidated total liabilities figure stated. Secured creditor amounts are reported separately in Schedule A rather than as a balance-sheet liability total.
  • Secured creditors Note: Amount unknown; Receiver states it does not know the quantum outstanding as at the date of this notice. · Page: 3 · As of: date of this notice · Debtor: Bennette Chase Inc. · Creditor: Bodkin, A division of Bennington Financial Corp. · Currency: CAD · Security: Identified on Alberta Personal Property Registry / Alberta Land Title search
  • Unsecured creditors per List of Creditors prepared without admission as to liability or quantum — Amount unknown per Receiver.
PDF
Receivership Order
  • Applicant Servus Credit Union Ltd.
  • Appointee MNP Ltd.
  • Appointee role receiver and manager
  • Commencement date 1 April 2026
  • + 4 more extracted facts
PDF
Application (Appoint Receiver)PDF
Bench Brief of Law
  • Applicant SERVUS CREDIT UNION LTD.
  • Appointee MNP Ltd.
  • Appointee role receiver
  • Court COURT OF KING’S BENCH OF ALBERTA IN BANKRUPTCY AND INSOLVENCY
  • + 3 more extracted facts
PDF
Service List
  • Counsel Burnet, Duckworth & Palmer LLP
PDF
Affidavit of B. Moore Sworn
  • Secured creditors $1.31M · Note: Comprises Demand Operating Loan facility ($100,000 limit) and Commercial Mortgage Loan ($1,300,000 original advance) under Nov 5, 2021 Commitment Letter/Dec 3, 2021 Loan Agreement; demand issued May 29, 2025 with concurrent NOI; personal guarantees from Amir Manzoor and Muhammad Immad Manzoor (directors/shareholders) in amount of $1,500,000 per Commitment Letter · Page: 3 · As of: 2026-02-11 · Debtor: Bennette Chase Inc. · Creditor: Servus Credit Union Ltd. (formerly Connect First Credit Union Ltd.) · Security: General Security Agreement (all present and after-acquired personal property, dated Dec 3, 2021); Collateral Mortgage ($1,400,000 principal, dated Dec 3, 2021) over Mortgaged Lands; Assignment of Rents and Leases (Dec 3, 2021); Assignment of Insurance (Dec 31, 2021); first-in-time PPSA registration and Land Titles registration
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Bennette Chase Inc.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/bci

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

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.