Beacon House Care Home Ltd.
Follow- Proceeding
- Receivership (court-appointed)section 47 of the Bankruptcy and Insolvency Act
- File
- KBG-SA-01039-2026
Beacon House Care Home Ltd. is the subject of a court-appointed receivership commenced on August 26, 2026 in the Court of King's Bench for Saskatchewan under court file KBG-SA-01039-2026. On the application of the Toronto-Dominion Bank, MNP Ltd. was appointed interim receiver under section 47 of the Bankruptcy and Insolvency Act.
The court appointed MNP Ltd. as interim receiver, on the application of The Toronto-Dominion Bank. Court file KBG-SA-01039-2026.
Source: Interim Receivership Order
The court appointed MNP Ltd. as interim receiver, on the application of THE TORONTO-DOMINION BANK. Court file KBG-SA-01039-2026.
4 earlier updates, back to 26 August 2026 — subscribers.
Filing brief
Beacon House: an interim receiver over the care homes' money, on consent
The Toronto-Dominion Bank, owed $4,037,299.24, alleges the director running three Saskatoon personal care homes diverted their operating funds to his personal account and left the jurisdiction; on August 26 MNP Ltd. was appointed interim receiver under s. 47 of the BIA, on the companies' consent and without admission, over their bank accounts, receivables, residents' monthly rent and records, and expressly not their real property.
Debtor
Beacon House Care Home Ltd.
Receiver
MNP
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Sinclair | Court of King's Bench for Saskatchewan | 2 orders, Aug 2026 | 2 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverMNP | Miller Thomson LLP | 21 Aug 2026 | Service list · 21 Aug 2026 |
| CreditorDr. Nayyer Iqbal Medical Prof. Corp. Dr. Nayyer Iqbal Ishrat Iqbal Namra Kashaf | MLT Aikins LLP | 21 Aug 2026 | Service list · 21 Aug 2026 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | The Toronto-Dominion Bank · in 111 casesCollateral mortgages against 978's real property; general security agreements over all present and after-acquired personal property of the Debtors — Loans most recently described in letter agreement dated April 1, 2026 (the 'Loan Agreement'); TD asserts security in all or substantially all of the Property — debtor: Beacon House Care Home Ltd. and 102041978 Saskatchewan Ltd. · as of 13 Aug 2026 | $4.04M | Originating Application - Appointing Interim Receiver |
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.
| Date | Document | File |
|---|---|---|
| Notice and Statement of the Interim Receiver | PDF · Subscribers | |
Interim Receivership Order
| PDF · Subscribers | |
Interim Receivership Order - Clean
| PDF · Subscribers | |
| Consent to Act | PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Order - Abridging time for service
| PDF · Subscribers | |
Originating Application - Appointing Interim Receiver
| 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., “Beacon House Care Home Ltd.” (Receivership (court-appointed)), Court of King's Bench for Saskatchewan. Retrieved 20 September 2026, https://proceedings.ca/case/beacon-house