#Sale
Approved the receiver's sale of the purchased assets, including 22 King Street West, Oshawa, to Rahimullah Dorani under a 19 May 2026 agreement, with vesting on delivery of the receiver's certificate.
Source: Approval and Vesting Order
Bibi Maryam Inc.
ActiveFollow
- Proceeding
- Receivership (court-appointed)BANKRUPTCY AND INSOLVENCY ACT, R.S.C. 1985, c. B-3, AS AMENDED AND SECTION 101 OF THE COURTS OF JUSTICE ACT, R.S.O. 1990, c. C.43
- File
- CV-24-00715652-00CL
- Industry
- Real estate · Rental & income property
OverviewSummary updated
Bibi Maryam Inc. was placed in receivership on 17 November 2025, when the Ontario Superior Court of Justice appointed The Fuller Landau Group Inc. as receiver and manager, on the application of the Toronto-Dominion Bank, under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act (court file CV-24-00715652-00CL). The Toronto-Dominion Bank held a first-ranking charge of $3,444,219.04, registered in 2022 in the principal amount of $3,000,000. 11053019 Canada Ltd. held a second mortgage registered in December 2024 for $600,000. The proceeding remains active.
Proceedings AIOpen Proceedings AI
Case updates9 dated entries
#Filing
Supplemental Record - Receiver - The Fuller Landau Group Inc. -28-SEP-2026 — Application / notice of application
#Filing
Motion Record - Receiver - The Fuller Landau Group Inc. - 15-SEP-2026 — Application / notice of application
#Order
The order named The Fuller Landau Group Inc. receiver and manager of Bibi Maryam Inc., granted under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act.
Source: Appointment Order. Nov 17 2025
#Filing
Notice given under subsections 245(1) and 246(1) of the Bankruptcy and Insolvency Act in respect of a private appointment of a receiver over the debtor's property.
Source: Bibi Maryam Inc. et al. 245-6 report Final Signed v1
#Order
The Ontario Superior Court of Justice appointed The Fuller Landau Group Inc. as receiver on 17 November 2025, on the application of the Toronto-Dominion Bank.
Source: Endorsement. Nov 17 2025
AnalysisAll insights
Outcome brief
Bibi Maryam: a sale approved in Toronto, a claim against TD in Oshawa
On October 2, Justice Cavanagh approved Fuller Landau's sale of 22 King Street West in Oshawa under the Soundair principles, with the price sealed. Ten days earlier the company and its principal had sued TD in Oshawa seeking, among other relief, an injunction against that sale; the endorsement does not mention the claim.
Filing brief
Bibi Maryam: a revived sale of 22 King Street West, and the debtor objects
TD's receiver has a signed deal for 22 King Street West in Oshawa — a five-storey office and retail building of 13 condominium units, listed at $3,959,000 — after a May 19 agreement was repriced, lapsed on July 29 and was revived on August 4; the debtor objects to any sale, and Justice Dunphy has said the October 2 approval hearing is not a venue for reopening the orders that appointed the receiver and authorized the sale.
Parties
Debtor
Bibi Maryam Inc.
Receiver
Fuller Landau
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Cavanagh | Ontario Superior Court of Justice | 3 orders, Oct 2026 | 318 cases on record |
| Justice Steele | Ontario Superior Court of Justice | 2 orders, Nov 2025 | 245 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverFuller Landau | Harrison Pensa LLP | 2 Oct 2026 | Order · 2 Oct 2026 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | The Toronto-Dominion Bank · in 121 casesCharge/Mortgage registered as Instrument No. DR2147158 on June 24, 2022, in the principal amount of $3,000,000 (first-ranking) — Amount owed based on Application Materials submitted by the Bank's counsel — debtor: Bibi Maryam Inc. | $3.44M | Bibi Maryam Inc. et al. 245-6 report Final Signed v1 |
| Secured |
1 more claim in 1 class The stack holds Secured claims.
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See all plansThis 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.
Sale processAs stated in the filings
Sale approved — Court approved the sale transaction with Rahimullah Dorani and vesting of the Purchased Assets, effective upon delivery of the Receiver's CertificateApproval and Vesting Order · 2 Oct 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Rahimullah Doranithe Debtor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets"), including the Real Property at 22 King Street West, Oshawa, Ontario · asset sale · agreement 19 May 2026 | not stated | Approved2 Oct 2026 | Approval and Vesting Order |
Closing termsVesting occurs upon delivery of a Receiver's certificate confirming payment of the Purchase Price, satisfaction or waiver of closing conditions, and completion of the Transaction to the Receiver's satisfactionApproval and Vesting Order
Documents
9 filings
| Date | Document | File |
|---|---|---|
Ancillary Order
| PDF · Subscribers | |
Approval and Vesting Order
| PDF · Subscribers | |
Endorsement
| PDF · Subscribers | |
Supplemental Record - Receiver - The Fuller Landau Group Inc. -28-SEP-2026
| PDF · Subscribers | |
Motion Record - Receiver - The Fuller Landau Group Inc. - 15-SEP-2026
| PDF · Subscribers | |
Endorsement - 8 SEP 26 - Justice Dunphy
| PDF · Subscribers | |
Bibi Maryam Inc. et al. 245-6 report Final Signed v1
| PDF · Subscribers | |
Appointment Order. Nov 17 2025
| PDF · Subscribers | |
Endorsement. Nov 17 2025
| 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., “Bibi Maryam Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 5 November 2026, https://proceedings.ca/case/bibi-maryam-inc