Proceedings.

G-T-X Cavating Ltd.

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Active
Proceeding
Receivership (court-appointed)Section 243(1) of the Bankruptcy and Insolvency Act and Section 39 of the Law and Equity Act
File
FOS-S-S-26758
Filings held6
Last activity2 Jun 2026
On the record644 days
Secured debtSubscribers
OverviewSummary updated

G-T-X Cavating Ltd. is the subject of an active bankruptcy proceeding under the Bankruptcy and Insolvency Act in the Supreme Court of British Columbia, court file FOS-S-S-26758. The proceeding commenced on December 16, 2024, the date on which a receivership order was made. No further steps have been recorded on the file since commencement, and the record supplies no details of the debtor's assets, creditors or the terms of the order.

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Case updates6 dated entries

3 earlier updates, back to 16 December 2024 subscribers.

Parties

Debtor

G-T-X Cavating Ltd.

Receiver

EY

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredRoyal Bank of Canada · in 556 casesGSA Equitable Mortgage (General Security Agreement - Floating Charge on Land dated Nov 23, 2017; PPSA registration Nov 8, 2017 Base Reg. No. 389158K; crystallized floating charge registered Oct 7, 2024 Charge No. CB1638222) - second mortgage charge on Lands and Premises and first charge on all existing and after-acquired personal property of G-T-X — Total judgment recovered against G-T-X as at Dec 16, 2024, combining amounts secured under the Mortgage and the GSA Equitable Mortgage; separate mortgage-specific balance of $902,297.61 also stated (see other entry). — debtor: G-T-X Cavating Ltd. · as of 16 Dec 2024$1.27MOrder Made After Application

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.

1 more claim across lower-ranking classes

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RecoveriesAs stated in the filings

Secured creditors: shortfall.Estimated245-246 Notice and Statement of Receiver · 3 Jan 2025

ClassCreditorClaimsRecoveryBasisSource
SecuredshortfallEstimatedper the receiver245-246 Notice and Statement of Receiver · 3 Jan 2025

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.

Documents6 filings
DateDocumentFile
Notice of ApplicationPDF · Subscribers
Receiver's Second Report
PDF · Subscribers
Certificate of Filing
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
245-246 Notice and Statement of Receiver
  • Recovery outcome Entries: per estimated; per estimated · Stated on: 2025-01-03 · Table missing:
  • Financial position Subscribers
PDF · Subscribers
Order Made After Application
  • Applicant Royal Bank of Canada
  • Commencement date 16 December 2024
  • Court IN THE SUPREME COURT OF BRITISH COLUMBIA
  • Court file no FOS-S-S-26758
  • + 4 more extracted facts
PDF · Subscribers
Receivership Order
  • Applicant Royal Bank of Canada
  • Appointee Ernst & Young Inc.
  • Appointee role Receiver
  • Commencement date 16 December 2024
  • + 4 more extracted facts
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., “G-T-X Cavating Ltd.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/g-t-x-cavating-ltd

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/g-t-x-cavating-ltd

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.