Proceedings.

GAP Electric Ltd., Westridge Electric Ltd. and 1880489 Alberta Ltd.

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Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, and sections 13(2) of the Judicature Act, 99(a) of the Business Corporations Act, and 65(7) of the Personal Property Security Act
File
1801-02453
Filings held6
Last activity10 Jan 2019
On the record3,095 days
Secured debtSubscribers
OverviewSummary updated

GAP Electric Ltd., Westridge Electric Ltd. and 1880489 Alberta Ltd. have been under the receivership and management of MNP Ltd. since May 17, 2018, when the Court of King's Bench of Alberta pronounced an order on the application of Royal Bank of Canada appointing MNP as interim receiver and receiver and manager under section 243(1) of the Bankruptcy and Insolvency Act, section 13(2) of the Judicature Act, section 99(a) of the Business Corporations Act and section 65(7) of the Personal Property Security Act. On a consolidated basis, the companies' internal financial statements showed total assets of $949,031 as at the appointment date. RBC Royal Bank was owed an estimated $835,150; National Leasing Group Inc. is also listed as secured, with the Receiver working to obtain the balance owing. Unsecured claims in the Receiver's creditor listing include Eecol Electric Ltd at $26,588.35, Guillevin International Co at $22,933.61 and WSCC at $16,744. The receivership is active.

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Case updates6 dated entries
#Report

The officer filed report no. Second Report. GAP purchased the assets of Westridge and 188 en bloc for $200,000 under the June 15 Order, RBC and priority claims have been paid in full, and the Receiver of GAP has already been discharged; the report seeks approval of final accounts, fees, and discharge of the Receiver for Westridge and 188.

Source: Second Report to Court

#Report

The officer filed report no. First Report. Westridge had ceased operations prior to the receivership, 1880489 Alberta Ltd. is a non-operating holding company, and GAP continued limited operations under the Receiver's authorization while pursuing refinancing to exit receivership. Court file 1801-02453.

Source: First Report to Court

#Order

Court of King's Bench of Alberta placed the three companies in receivership on RBC's application, appointing MNP Ltd. interim receiver and receiver and manager; file 1801-02453.

Source: Order

Parties

Debtor

GAP Electric Ltd., Westridge Electric Ltd. and 1880489 Alberta Ltd.

Receiver

MNP

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice MacleodCourt of King's Bench of Alberta1 order, May 201833 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverMNPMcLennan Ross LLP8 Jun 2018Application · 8 Jun 2018
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredRBC Royal Bank · in 54 casesEstimated amount owed as of receivership date; approximation per Receiver — debtor: Westridge Electric Ltd., GAP Electric Ltd. and 1880489 Alberta Ltd. · as of 17 May 2018$835KNotice and Statement
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

30 more claims in 2 classes The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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RecoveriesAs declared or paid

Unsecured creditors: no distribution. Royal Bank of Canada paid in full.Under the planFirst Report to Court · 4 Jun 2018

ClassCreditorClaimsRecoveryBasisSource
SecuredRBC as first position secured creditorRoyal Bank of Canada—paid in fullFinalper the receiverSecond Report to Court · 10 Jan 2019
Unsecuredunsecured creditors of 188 and Westridge—no distributionUnder the planper the receiverFirst Report to Court · 4 Jun 2018
class not placedall claims in priority to RBC—paid in fullFinalper the receiverSecond Report to Court · 10 Jan 2019

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
Total assets at filing

As at ·

Cumulative receipts

$200K

As at 10 Jan 2019Second Report to Court

Cumulative disbursements

As at

Cash on hand

As at

Professional fees

As at

3 more reported figures, and the total the debtor stated at filing

Each one as the filing states it, with its source.

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Documents6 filings
DateDocumentFile
Second Report to Court
  • Cash on hand · Disbursements · Financial position · Operational summary Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Application
  • Applicant MNP Ltd.
  • Appointee MNP Ltd.
  • Appointee role Receiver and Manager
  • Counsel McLennan Ross LLP
  • + 2 more extracted facts
PDF · Subscribers
First Report to Court
  • Commencement date 17 May 2018
  • Court COURT OF QUEEN'S BENCH OF ALBERTA
  • Court file no 1801-02453
  • Cash on hand Subscribers
  • + 8 more extracted facts
PDF · Subscribers
Filing of Receivership and Reporting Duties of ReceiverPDF · Subscribers
Notice and Statement
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Order
  • Applicant ROYAL BANK OF CANADA
  • Appointee MNP Ltd.
  • Appointee role interim receiver and receiver and manager
  • Commencement date 17 May 2018
  • + 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., “GAP Electric Ltd., Westridge Electric Ltd. and 1880489 Alberta Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 5 November 2026, https://proceedings.ca/case/gap-electric-ltd-westridge-electric-ltd-and-1880489-alberta-ltd

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/gap-electric-ltd-westridge-electric-ltd-and-1880489-alberta-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.