#Filing
Form 87 – Notice and Statement of the Receiver – 1096580 B.C. Ltd. — Notice of receiver (s. 245 / Form 87)
DSG Homes Ltd. and 1096580 B.C. Ltd.
FollowActive
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, section 39(1) of the Law and Equity Act
- File
- No. S-H-258355
Filings held4
Last activity15 Sep 2025
On the record382 days
Secured debt$972K
OverviewSummary updated
DSG Homes Ltd. and 1096580 B.C. Ltd. were placed in court-appointed receivership by order of the Supreme Court of British Columbia made Thursday, September 4, 2025, under section 243 of the Bankruptcy and Insolvency Act and provincial judicature legislation. The proceeding carries court file number S-H-258355 and remains active. The record of the case to date consists of the receivership order itself; no subsequent steps, reports or hearings have been entered against the file.
Proceedings AIAsk this case — answers cite the filings
Case updates4 dated entries
#Filing
Form 87 – Notice and Statement of the Receiver – DSG Homes Ltd. — Notice of receiver (s. 245 / Form 87)
#Order
Order made Thursday, September 4, 2025 placed DSG Homes Ltd. and 1096580 B.C. Ltd. into court-appointed receivership, commencing the proceeding under file S-H-258355.
Parties
Debtor
DSG Homes Ltd. and 1096580 B.C. Ltd.
Receiver
BDO
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency / Workers' Compensation BoardPetitioner states NumberCo and DSG 'appear to have certain outstanding tax obligations' and that liabilities owing to Canada Revenue Agency and Workers' Compensation 'are unknown' — existence acknowledged but amount not stated — debtor: 1096580 B.C. Ltd. (NumberCo) / DSG Homes Ltd. | — | Notice of Application - Receivership |
| 4 | Secured | Royal Bank of Canada · in 556 casesMortgage and Assignment of Rents dated Nov 26, 2020, registered Nov 30, 2020 under Charge Nos. CA8609508/CA8609509 (first charge on Lands and Premises); GSA – Floating Charge on Land dated Nov 26, 2020, perfected Nov 19, 2020 under PPSA Base Registration No. 605248M, crystallized as third mortgage on Lands and Premises (Charge No. CB2042354, registered May 14, 2025) and as first charge on NumberCo's personal property — Principal $949,118.82 accruing interest at 3.24%/annum ($84.25/diem); DSG Homes Ltd. guaranteed this debt pursuant to a guarantee and postponement of claim dated Nov 26, 2020 li · as of 4 Sep 2025 | $972K | Notice of Application - Receivership |
| 4 | Secured | Royal Bank of Canada · in 556 casesGeneral Security Agreement signed by DSG on Nov 26, 2020, perfected in BC PPSA registry Nov 19, 2020 under Base Registration No. 605247M ("DSG GSA"), first charge on all existing and after-acquired personal property of DSG — Debt comprises Royal Credit Line Agreement (ending 2525) and Visa account (ending 6582); 1096580 B.C. Ltd. (NumberCo) guaranteed a portion of DSG's obligations pursuant to a guarantee dated Nov 26, 2020 limited to $100,000.00, and Petitioner seeks judgment against NumberCo for $104,606.94 pursuant to that guarantee (related-party/corporate guarantor; guarantee-based judgme · as of 4 Sep 2025 | $118K | Notice of Application - Receivership |
| 4 | Secured | Municipal property tax authority (unnamed) · in 5 casesas of NOI/application filing date — Statutory property tax arrears on the Lands and Premises — Document states outstanding property taxes on the Lands and Premises 'exceed $22,000.00' — floor amount per operative word 'exceed' — debtor: 1096580 B.C. Ltd. (NumberCo) / DSG Homes Ltd. | $22K | Notice of Application - Receivership |
| 8 | Unsecured | Ministry of Finance · in 107 casesAmount listed as 'Unknown' — debtor: DSG Homes Ltd. | — | Form 87 – Notice and Statement of the Receiver – DSG Homes Ltd. |
| 8 | Unsecured | CARMA Corp. · in 2 casesAmount listed as 'Unknown' — debtor: DSG Homes Ltd. | — | Form 87 – Notice and Statement of the Receiver – DSG Homes Ltd. |
| 8 | Unsecured | Bayside Property Services Ltd.Amount listed as 'Unknown' — debtor: DSG Homes Ltd. | — | Form 87 – Notice and Statement of the Receiver – DSG Homes Ltd. |
| 8 | Unsecured | Telus Communications · in 39 casesAmount listed as 'Unknown' — debtor: DSG Homes Ltd. | — | Form 87 – Notice and Statement of the Receiver – DSG Homes Ltd. |
| 8 | Unsecured | TD Bank · in 29 casesAmount listed as 'Unknown' — debtor: DSG Homes Ltd. | — | Form 87 – Notice and Statement of the Receiver – DSG Homes Ltd. |
| 8 | Unsecured | WorkSafeBC · in 29 casesAmount listed as 'Unknown' — debtor: DSG Homes Ltd. | — | Form 87 – Notice and Statement of the Receiver – DSG Homes Ltd. |
| 8 | Unsecured | FortisBC · in 8 casesAmount listed as 'Unknown' — debtor: DSG Homes Ltd. | — | Form 87 – Notice and Statement of the Receiver – DSG Homes Ltd. |
| 8 | Unsecured | Canada Revenue Agency (Insolvency) · in 926 casesAmount listed as 'Unknown'; deemed trust class — debtor: DSG Homes Ltd. | — | Form 87 – Notice and Statement of the Receiver – DSG Homes Ltd. |
“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 |
|---|---|---|
| Form 87 – Notice and Statement of the Receiver – 1096580 B.C. Ltd. | ||
Form 87 – Notice and Statement of the Receiver – DSG Homes Ltd.
| ||
Receivership Order (September 4, 2025)
| ||
Notice of Application - Receivership
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “DSG Homes Ltd. and 1096580 B.C. Ltd.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/dsg-homes-ltd-and-1096580-b-c-ltd