Proceedings.

Hillcrest Grocery

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Closed
Proceeding
Insolvency proceeding (type unspecified)Subsection 245 & 246 (1) of the Bankruptcy and Insolvency Act
Filings held1
Last activity14 Nov 2022
On the record1,407 days
Secured debt$340K
OverviewSummary updated

Hillcrest Grocery is in insolvency proceedings in Ontario, commenced November 14, 2022, when MNP Ltd. was appointed receiver under subsection 245 and 246(1) of the Bankruptcy and Insolvency Act. Bank of Montreal is listed as a secured creditor owed an estimated $340,000, secured by a General Security Agreement and a charge/mortgage of land registered against the property. Canada Revenue Agency appears on the creditor list as an unsecured creditor, with its claim amount stated as unknown.

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Case updates1 dated entry
#Filing

MNP Ltd. delivered a notice under section 245 of the BIA stating it had become receiver of Hillcrest Grocery effective November 14, 2022.

Source: S245 Notice and Statement

Parties

Debtor

Hillcrest Grocery

Court officer

MNP

Capital structureAs asserted in the filings
#Priority classCreditorAmountSource
4SecuredBank of Montreal · in 279 casesGeneral Security Agreement and Charge/Mortgage of Land registered against the Property — Estimated amount owed as stated in Notice and Statement of Receiver — debtor: Hillcrest Grocery · as of 14 Nov 2022$340KS245 Notice and Statement
8UnsecuredCanada Revenue Agency · in 926 casesClaim amount stated as 'Unknown' — debtor: Hillcrest GroceryS245 Notice and Statement

“not stated” means the record names the claim without a figure; “” means not in the extracted record.

RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Documents1 filing
DateDocumentFile
S245 Notice and Statement
  • Appointee MNP Ltd.
  • Appointee role receiver
  • Commencement date 14 November 2022
  • Secured creditors $340K · Note: Estimated amount owed as stated in Notice and Statement of Receiver · Page: 1 · As of: 2022-11-14 · Debtor: Hillcrest Grocery · Creditor: Bank of Montreal · Security: General Security Agreement and Charge/Mortgage of Land registered against the Property
  • + 2 more extracted facts
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Hillcrest Grocery” (Insolvency proceeding (type unspecified)). Retrieved 20 September 2026, https://proceedings.ca/case/hillcrest-grocery

Sources last checked · summary updated 6 September 2026 · Report a correction · Printed from proceedings.ca/case/hillcrest-grocery

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.