Custom Transport Ltd.

Active

Proceeding: Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 55 of The Court of King's Bench Act
Court: Court of King's Bench of Manitoba
File: CI 26-01-55408

Filings held4

Last activity6 Feb 2026

On the record236 days

Secured debt$956K

OverviewSummary updated 8 August 2026

Custom Transport Ltd. has been in court-appointed receivership since January 28, 2026, when a receivership order was granted under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding is before the Court of King's Bench under file number CI 26-01-55408. The receivership remains active. The record of the proceeding to date consists of the commencement order itself; no further steps have been documented.

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Case updates4 dated entries

6 Feb 2026

#Filing

Notice and Statement of the Receiver — Notice of receiver (s. 245 / Form 87)

PDF

28 Jan 2026

#Order

Order pronounced Wednesday, January 28, 2026 placed Custom Transport Ltd. into court-appointed receivership under BIA s. 243 and provincial Judicature Act authority, commencing the proceeding.

Source: Receivership Order

16 Jan 2026

#Filing

Notice of Application was filed.

Source: Notice of Application

13 Jan 2026

#Filing

Affidavit of Mudasar Ahmad — Affidavit

PDF

Parties

Debtor

Custom Transport Ltd.

Receiver

BDO

Bench and counselPer the orders and service lists on the record

Bench

Judge	Court	On this docket	Cases on record
Justice Bock	Court of King's Bench of Manitoba	1 order, Jan 2026	5 cases on record

Counsel of record

Party	Counsel	First seen	Source
ApplicantToronto- Dominion Bank	Fillmore Riley LLP	16 Jan 2026	Application · 16 Jan 2026
DebtorCustom Transport Ltd.	Professional Corporation	16 Jan 2026	Application · 16 Jan 2026

Capital structureAs asserted in the filings

stated amounts, drawn to scale · 6 named without a figure

#	Priority class	Creditor	Amount	Source
4	Secured	BVD Equipment Finance Inc. · in 4 casesSecurity interest in the Property of Custom (nature unspecified) — Balance per schedule of outstanding indebtedness provided by BVD Equipment Finance Inc. as at January 29, 2026 — debtor: Custom Transport Ltd. · as of 29 Jan 2026	$956K	Notice and Statement of the Receiver
4	Secured	The Toronto-Dominion Bank of CanadaSecurity interest in the Property of Custom (nature unspecified); TD is the applicant that obtained the Receivership Order — Balance per Affidavit of Mudasar Ahmad sworn January 13, 2026, as at January 6, 2026 — debtor: Custom Transport Ltd. · as of 6 Jan 2026	$494K	Notice and Statement of the Receiver
4	Secured	General Motors Financial of Canada, Ltd.Security interest in the Property of Custom (nature unspecified) — Estimated balance reported as 'Unknown' by Receiver — debtor: Custom Transport Ltd.	—	Notice and Statement of the Receiver
4	Secured	Maxim Transportation Services Inc. · in 2 casesSecurity interest in the Property of Custom (nature unspecified) — Estimated balance reported as 'Unknown' by Receiver — debtor: Custom Transport Ltd.	—	Notice and Statement of the Receiver
4	Secured	AmeriCreditSecurity interest in the Property of Custom (nature unspecified) — Estimated balance reported as 'Unknown' by Receiver — debtor: Custom Transport Ltd.	—	Notice and Statement of the Receiver
4	Secured	Bodkin, a Division of Bennington Financial Corp · in 3 casesSecurity interest in the Property of Custom (nature unspecified) — Estimated balance reported as 'Unknown' by Receiver — debtor: Custom Transport Ltd.	—	Notice and Statement of the Receiver
4	Secured	CWB National Leasing Inc. · in 110 casesSecurity interest in the Property of Custom (nature unspecified) — Estimated balance reported as 'Unknown' by Receiver — debtor: Custom Transport Ltd.	—	Notice and Statement of the Receiver
8	Unsecured	Unsecured creditors (aggregate as reported) · in 532 casesSchedule B lists 'Other Creditors' as 'Unknown' with an estimated balance shown as '$-'; the Receiver has not identified individual other creditors or amounts owed to them; not stated as a true zero, but as unknown — debtor: Custom Transport Ltd.	—	Notice and Statement of the Receiver

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

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.

Documents4 filings

Date	Document	File
6 Feb 2026	Notice and Statement of the Receiver Financial position per Book values as summarized by the Receiver · Custom Transport Ltd. (single entity) — Accounts receivable, inventory and capital assets are all reported as 'Unknown'; per footnote, Custom's fleet inventory may comprise 100+ units (tractors, trailers, other serialized equipment) based on the Affidavit of Mudasar Ahmad sworn January 13, 2026 Secured creditors Note: Estimated balance reported as 'Unknown' by Receiver · Page: 2 · Debtor: Custom Transport Ltd. · Creditor: AmeriCredit · Currency: CAD · Security: Security interest in the Property of Custom (nature unspecified) Unsecured creditors per Schedule 'B' - List of Creditors, attached to Notice and Statement of the Receiver — Schedule B lists 'Other Creditors' as 'Unknown' with an estimated balance shown as '$-'; the Receiver has not identified individual other creditors or amounts owed to them; not stated as a true zero, but as unknown	PDF

28 Jan 2026	Receivership Order Applicant TORONTO-DOMINION BANK Appointee BDO Canada Limited Appointee role receiver Commencement date 28 January 2026 + 4 more extracted facts	PDF

16 Jan 2026	Notice of Application Applicant TORONTO-DOMINION BANK Appointee BDO Canada Limited Appointee role Receiver Counsel Fillmore Riley LLP + 4 more extracted facts	PDF

13 Jan 2026	Affidavit of Mudasar Ahmad Court THE KING'S BENCH Court file no CI 26-01-55408 Secured creditors Note: Custom Transport's own equipment list (Exhibit F), provided June 2025 and showing amounts owing on financed vehicles 'as of March 2025', lists per-vehicle figures for BVD- and CWB-financed trailers/power units, with summary totals of $2,091,808.09 and $1,552,890.14 shown at the foot of the schedule (column labels not identified in the source document; likely original financed amount and current balance, respectively, but this is not certain). Individual per-vehicle amounts are not summed here per reporting rules; GM Financial's security (Cadillac Escalade) is not addressed in this equipment list. · Page: 5 · As of: as of March 2025 (per equipment list, Exhibit F) · Debtor: Custom Transport Ltd. · Creditor: PPSA equipment financiers (PMSI class) · Currency: CAD · Security: Serial-numbered equipment (trailers, reefer units, power units, one vehicle) under PPSA registrations: BVD Equipment Finance Inc. (Reg. Nos. 202204000109 dated 2022-03-16, 202207757804 dated 2022-05-12, and 202215669302 dated 2022-09-16); CWB National Leasing Inc. (Reg. Nos. 202412320303 dated 2024-07-17 and 202413658600 dated 2024-08-07, both stated as Purchase Money Security Interests); General Motors Financial of Canada, Ltd. (Reg. No. 202421238407 dated 2024-12-05, 2024 Cadillac Escalade).	PDF

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

CiteProceedings., “Custom Transport Ltd.” (Receivership (court-appointed)), Court of King's Bench of Manitoba. Retrieved 20 September 2026, https://proceedings.ca/case/custom-transport-ltd