Proceedings.

Coromandel Wilmar Development BT Ltd., Coromandel Wilmar Limited Partnership and Coromandel Wilmar Development Ltd.

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Active
Proceeding
Receivership (court-appointed)Section 243(1) of the BIA and Section 39 of the LEA
Court
Supreme Court of British Columbia
File
H-230159
Filings held23
Last activity14 Jan 2026
On the record986 days
Secured debtSubscribers
OverviewSummary updated

Coromandel Wilmar Development BT Ltd., Coromandel Wilmar Limited Partnership and Coromandel Wilmar Development Ltd. have been the subject of court-appointed receivership proceedings in the Supreme Court of British Columbia since May 8, 2025, under file number H230159. The proceedings rest on section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. An interim order was granted on the commencement date. The receivership remains active.

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Case updates23 dated entries

20 earlier updates, back to 9 January 2024 — subscribers.

Parties

Debtor

Coromandel Wilmar Development BT Ltd., Coromandel Wilmar Limited Partnership and Coromandel Wilmar Development Ltd.

Receiver

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredAccountable Mortgage Investment Corp.Mortgage and assignment of rents — Table header states figures are in ($000's); raw table figure shown was 24,071,013, scaled by 1,000 per header. — debtor: Coromandel Wilmar Development BT Ltd., Coromandel Wilmar Limited Partnership and Coromandel Wilmar Development Ltd. · as of 13 Sep 2023$24.1BForm 87 Notice and Statement of 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.

4 more claims across lower-ranking classes

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Sale processAs stated in the filings

5 transactions · 4 approved · 1 not completed — The Court approved the sale of the Heritage House; closing is pending. Infill Homes continue to be marketed.Receiver's Third Report to Court · 16 Oct 2024

PurchaserPriceStatusSource
Jaswinder Kaur Bhugrathe Purchased Assets described in the Sale Agreement · real property · agreement 16 Jul 2024SubscribersNot completeddate not statedReceiver's Third Report to Court
Chun Wei ang and Carlos Tan Ang, as Joint Tenantsthe following lands and premises legally described as: PID: 030-439-400 STRATA LOT 2 DISTRICT LOTS 317 AND 316 BLOCK 12 NEW WESTMINSTER DISTRICT STRATA PLAN EPS3735 ("SL2") · real property · agreement 28 Feb 2025SubscribersApproved8 May 2025Order Made After Application re SL 2 Sale…
Peggy Pui-Kum WongStrata Lot 1 District Lots 317 and 316 Block 12 New Westminster District Strata Plan EPS3735 ("SL1") · real property · agreement 10 Mar 2025SubscribersApproved26 Jun 2025Order Made After Application - Strata Lot 1…
Shu-Fen ChienPID:030-439-418 STRATA LOT 3 DISTRICT LOTS 317 AND 316 BLOCK 12 NEW WESTMINSTER · real property · agreement 1 May 2025SubscribersApproved28 Aug 2025Order Made After Application - Strata Lot 3…
Kelly Brent Funk and Carol Marianne Funk, as Joint TenantsPID:030-439-426 ST EW WESTMINSTER DISTRICT STRATA PLAN EPS3735 ("SL4") · real property · agreement 29 Sep 2025SubscribersApproved9 Jan 2026Order Made After Application - Strata Lot 4…
AdvisorsRennie & Associates Realty Ltd. (listing broker)Receiver's Third Report to Court
Closing termscompletion, adjustment and possession set at January 15, 2026, or so soon before or so soon thereafter as agreedOrder Made After Application - Strata Lot 4 Sale Approval
RecoveriesAs stated in the filings

Accountable Mortgage Investment Corp.: shortfall.EstimatedReceiver's First Report to Court · 12 Dec 2023

ClassCreditorClaimsRecoveryBasisSource
SecuredFirst MortgageeAccountable Mortgage Investment Corp.—shortfallconditionalEstimatedper the receiverReceiver's First Report to Court · 12 Dec 2023

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

Estate financialsReported figures — never derived

Cumulative receipts

$2M

As at 16 Oct 2024Receiver's Third Report to Court

3 more reported figures, as at 16 Oct 2024

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Documents
23 filings
DateDocumentFile
Service ListPDF · Subscribers
Order Made After Application - Strata Lot 4 Sale Approval
  • Closing terms completion, adjustment and possession set at January 15, 2026, or so soon before or so soon thereafter as agreed
  • Order date 9 January 2026
  • Purchaser Kelly Brent Funk and Carol Marianne Funk, as Joint Tenants · PID:030-439-426 ST EW WESTMINSTER DISTRICT STRATA PLAN EPS3735 ("SL4") · real property · approved
  • Stalking horse Subscribers
PDF · Subscribers
Order Made After Application - Strata Lot 3 Sale Approval
  • Closing terms completion date September 30, 2025; adjustment and possession October 1, 2025
  • Order date 28 August 2025
  • Purchaser Shu-Fen Chien · PID:030-439-418 STRATA LOT 3 DISTRICT LOTS 317 AND 316 BLOCK 12 NEW WESTMINSTER · real property · approved
  • Stalking horse Subscribers
PDF · Subscribers
Order Made After Application - Strata Lot 1 Sale Approval
  • Closing terms completion, adjustments, and possession dates
  • Purchaser Peggy Pui-Kum Wong · Strata Lot 1 District Lots 317 and 316 Block 12 New Westminster District Strata Plan EPS3735 ("SL1") · real property · approved
  • Stalking horse Subscribers
PDF · Subscribers
Order Made After Application re SL 2 Sale Approval
  • Closing terms Completion, adjustment and possession dates set; proceeds to be held in trust and paid out per priorities
  • Commencement date 8 May 2025
  • Court SUPREME COURT OF BRITISH COLUMBIA
  • Court file no H230159
  • + 2 more extracted facts
PDF · Subscribers
Requisition re adjourning October 31, 2024 applicationPDF · Subscribers
Service List updated October 30, 2024PDF · Subscribers
Notice of Application Approving Sale PricesPDF · Subscribers
Service List updated October 18, 2024PDF · Subscribers
Receiver's Third Report to Court
  • Closing confirmed Did not complete · date not stated · Jaswinder Kaur Bhugra
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 9 more extracted facts
PDF · Subscribers
Service List updated August 28, 2024PDF · Subscribers
Order for Approval and Vesting
  • Closing terms Vacant possession delivered at 12:00 noon on the Closing Date; Receiver may extend Closing Date with Purchaser's consent
  • Purchaser Jaswinder Kaur Bhugra · the Purchased Assets described in the Sale Agreement · real property · approved
  • Stalking horse Subscribers
PDF · Subscribers
Notice of Application
PDF · Subscribers
Service List updated August 12, 2024PDF · Subscribers
Receiver's Second Report to CourtPDF · Subscribers
Service List updated February 16, 2024PDF · Subscribers
Amended and Restated Receivership Order
  • Applicant Accountable Mortgage Investment Corp.
  • Appointee MNP Ltd.
  • Appointee role receiver and manager
  • Commencement date 9 January 2024
  • + 3 more extracted facts
PDF · Subscribers
Order made after Application - Approval of Receiver's ActivitiesPDF · Subscribers
Sealing OrderPDF · Subscribers
Receiver's First Report to Court
  • Recovery outcome Entries: per estimated; per estimated; per estimated; per estimated · Table missing:
  • Financial position · Secured creditors Subscribers
PDF · Subscribers
Service list updated November 28, 2023PDF · Subscribers
Receivership Order entered September 13 2023
  • Applicant Accountable Mortgage Investment Corp.
  • Appointee MNP Ltd.
  • Appointee role Receiver and Manager
  • Commencement date 13 September 2023
  • + 3 more extracted facts
PDF · Subscribers
Form 87 Notice and Statement of Receiver
  • Financial position · Secured creditors · Unsecured creditors Subscribers
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., “Coromandel Wilmar Development BT Ltd., Coromandel Wilmar Limited Partnership and Coromandel Wilmar Development Ltd.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/coromandel-wilmar-development

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Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/coromandel-wilmar-development

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.