Proceedings.

Jinamart Inc.

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Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
Court
Ontario Superior Court of Justice · Commercial List
File
CV-24-00721285-00CL
Filings held4
Last activity13 May 2025
On the record879 days
Secured debtSubscribers
OverviewSummary updated

Jinamart Inc. has been under court-appointed receivership in Ontario since June 10, 2024, when the Ontario Superior Court of Justice (In Bankruptcy and Insolvency) made a receivership order in respect of the company. The proceeding was brought under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority, and is carried on court file CV-24-00721285-00CL. The receivership remains active; no further steps have been recorded on this file.

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Case updates4 dated entries
Parties

Debtor

Jinamart Inc.

Receiver

msi Spergel inc.

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice BlackOntario Superior Court of Justice2 orders, Jun 2024198 cases on record

Counsel of record

PartyCounselFirst seenSource
ApplicantRoyal Bank of CanadaFogler, Rubinoff LLP10 Jun 2024Order · 10 Jun 2024
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredRoyal Bank of Canada · in 584 casesGeneral Security Agreement dated February 4, 2022 executed by Jinamart Inc.; General Security Agreement dated April 26, 2019 executed by Roham 2020 Inc. (former corporate name of Jinamart Inc.) — Total indebtedness secured by the security as at February 7, 2024, per s.244 BIA Notice of Intention to Enforce Security, plus unquantified legal and other expenses secured by the same security. Per the Demand Letter dated February 8, 2024 (original p.117), this total comprises: revolving demand facility $763,216.48 (principal $760,482.91 + accrued interest to Feb 7, 2024 of $2,733.57); Visa account e · as of 7 Feb 2024$1.1MApplication Record of RBC dated May 31, 2024
Secured

1 more claim in 1 class The stack holds Secured claims.

Every creditor and every amount.

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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.

Documents4 filings
DateDocumentFile
Application Record of RBC dated May 13, 2025PDF · Subscribers
Endorsement of the Honourable Justice Black dated June 10, 2024
  • Presiding officer Justice Black
PDF · Subscribers
Receivership Order dated June 10, 2024
  • Applicant Royal Bank of Canada
  • Appointee msi Spergel inc.
  • Appointee role receiver and manager
  • Commencement date 10 June 2024
  • + 6 more extracted facts
PDF · Subscribers
Application Record of RBC dated May 31, 2024
  • Applicant ROYAL BANK OF CANADA
  • Appointee msi Spergel inc.
  • Appointee role Proposed Receiver
  • Commencement date 30 May 2024
  • + 6 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., “Jinamart Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 6 November 2026, https://proceedings.ca/case/jinamart-inc

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/jinamart-inc

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.