H.M Polythene Products Limited
- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
H.M Polythene Products Limited was placed under court-appointed receivership in proceedings commenced May 26, 2023 in the Ontario Superior Court of Justice, brought under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The receivership followed a demand made by Royal Bank of Canada on September 1, 2022 requiring payment of the full amount outstanding as of August 26, 2022, being CAD 613,178.37. The bank's claim was supported by a General Security Agreement dated March 19, 2020 and a Security Agreement (Chattel Mortgage for Other than Inventory and Consumer Goods) dated March 24, 2020. The proceeding is now closed.
Debtor
H.M Polythene Products Limited
Receiver
msi Spergel inc.
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Centa | Ontario Superior Court of Justice | 3 orders, Jun 2023 | 5 cases on record |
| Justice Wilton-Siegel | Ontario Superior Court of Justice | 2 orders, Nov 2023 | 111 cases on record |
| Justice Steele | Ontario Superior Court of Justice | 2 orders, May 2023 | 245 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Receivermsi Spergel inc. | Harrison Pensa LLP · Service List | 13 Jun 2023 | Order · 14 Nov 2023 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Royal Bank of Canada · in 584 casesGeneral Security Agreement dated March 19, 2020 and Security Agreement (Chattel Mortgage for Other than Inventory and Consumer Goods) dated March 24, 2020 — Demand made September 1, 2022 requiring payment of full amount outstanding as of August 26, 2022 — debtor: H.M Polythene Products Limited · as of 26 Aug 2022 | $613K | Application Record of RBC |
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.
Closed · the record states no distribution outcome.
| Date | Document | File |
|---|---|---|
Distribution and Discharge Order of The Honourable Justice Wilton-Siegel
| PDF · Subscribers | |
Endorsement of The Honourable Justice Wilton-Siegel
| PDF · Subscribers | |
Ancillary Order of The Honourable Justice Centa
| PDF · Subscribers | |
Approval and Vesting Order of The Honourable Justice Centa
| PDF · Subscribers | |
Endorsement of The Honourable Justice Centa
| PDF · Subscribers | |
Book of Authorities of the Receiver
| PDF · Subscribers | |
| Factum of the Receiver | PDF · Subscribers | |
| Motion Record of the Receiver | PDF · Subscribers | |
Endorsement of The Honourable Justice Steele
| PDF · Subscribers | |
Receivership Order of The Honourable Justice Steele dated May 26, 2023 and effective June 2, 2023
| PDF · Subscribers | |
| Responding Affidavit of Zubair Mohar Sworn May 2, 2023 | PDF · Subscribers | |
Application Record of RBC
| 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., “H.M Polythene Products Limited” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 5 November 2026, https://proceedings.ca/case/h-m-polythene-products-limited