Proceedings.

J. Thurga Incorporated

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Proceeding
Receivership (court-appointed)section 47(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
File
744/11
Filings held3
Last activity22 Mar 2012
On the record5,438 days
Secured debtSubscribers
OverviewSummary updated

J. Thurga Incorporated is in receivership under BIA section 243 and the applicable provincial Judicature Act. The Receiver's Notice and Statement records that Business Development Bank of Canada, the secured creditor whose loan underlies the receivership application, was owed $514,139.51 as of November 9, 2011. The record supplies no further detail on the receivership's progress.

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Case updates3 dated entries
#Report

The officer filed report no. Receiver's Final Report and Statement of Accounts. The Receiver has completed the receivership administration of J. Thurga Incorporated with no realizations and thus no distribution to unsecured creditors.

Source: Receivers final statement of Receiver

Parties

Debtor

J. Thurga Incorporated

Receiver

Albert Gelman

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredBusiness Development Bank of Canada · in 241 casesStated in Receiver's Notice and Statement as amount owed to creditor holding security on the property; underlying loan/plaintiff in receivership application — debtor: J. Thurga Incorporated · as of 9 Nov 2011$514KNotice and Statement of the Receiver

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.

RecoveriesAs declared or paid

Unsecured creditors: no distribution.FinalReceivers final statement of Receiver · 22 Mar 2012

ClassCreditorClaimsRecoveryBasisSource
Unsecuredno distributionFinalper the receiverReceivers final statement of Receiver · 22 Mar 2012

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

Cumulative receipts

$15.9K

As at 22 Mar 2012Receivers final statement of Receiver

2 more reported figures, as at 22 Mar 2012

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Documents3 filings
DateDocumentFile
Receivers final statement of Receiver
  • Appointee Albert Gelman Inc.
  • Appointee role Receiver
  • Cash on hand · Disbursements Subscribers
  • + 9 more extracted facts
PDF · Subscribers
Notice and Statement of the Receiver
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Appointment Order of J Newbould dated November 1, 2011
  • Applicant Business Development Bank of Canada
  • Appointee Albert Gelman Inc.
  • Appointee role interim receiver and receiver and manager
  • Commencement date 1 November 2011
  • + 5 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., “J. Thurga Incorporated” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/j-thurga-incorporated

Sources last checked · summary updated 13 August 2026 · Report a correction · Printed from proceedings.ca/case/j-thurga-incorporated

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.

J. Thurga Incorporated — Receivership | Proceedings.