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
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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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.
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.
RBC Royal Bank · in 52 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
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.
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CiteProceedings., “GAP Electric Ltd., Westridge Electric Ltd. and 1880489 Alberta Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 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
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