#Filing
MNP Ltd. became receiver of the Port Elgin property under Libro Credit Union's mortgage security and gave notice identifying the secured claim at $1,135,000 and four unsecured creditors.
Source: Receiver's 245 Notice
Golden Gecko Inc
ActiveFollow
- Proceeding
- Receivership (court-appointed)Subsection 245 & 246 (1) of the Bankruptcy and Insolvency Act
- Industry
- Real estate · Rental & income property
OverviewSummary updated
Golden Gecko Inc entered receivership on February 2, 2024, with MNP Ltd. acting as receiver over the company's real property at 583 and 585 Mill Street, Port Elgin, Ontario. The receiver was appointed pursuant to mortgage security registered against that property by Libro Credit Union Limited, which is owed an estimated $1,135,000. MNP has since filed a notice and statement of receiver under subsections 245 and 246(1) of the Bankruptcy and Insolvency Act, describing the property without attributing a value to it. The attached creditor list records unsecured claims of $4,356.97 by the Town of Saugeen Shores, $1,196.49 by Westario Power and $647.52 by Engridge Gas, together with a Canada Revenue Agency claim listed in an unknown amount. The proceeding remains active in Ontario.
Proceedings AIOpen Proceedings AI
Case updates1 dated entry
Parties
Debtor
Golden Gecko Inc
Receiver
MNP
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Libro Credit Union Limited · in 6 casesMortgage Security registered by Libro Credit Union Limited over the real property at 583 & 585 Mill Street, Port Elgin, Ontario; the Receiver was appointed pursuant to it. — Stated as the estimated amount owed to a creditor holding security on the property; no valuation date is tied to it. — debtor: Golden Gecko Inc. | $1.14M | Receiver's 245 Notice |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
4 more claims in 1 class The stack holds Secured and Unsecured claims.
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See all plansThis 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.
Documents1 filing
| Date | Document | File |
|---|---|---|
Receiver's 245 Notice
| 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., “Golden Gecko Inc” (Receivership (court-appointed)). Retrieved 5 November 2026, https://proceedings.ca/case/golden-gecko-inc