Proceedings.

Kapila Transport Inc. et al

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Proceeding
Receivership (court-appointed)SUBSECTION 243(1) OF THE BANKRUPTCY AND INSOLVENCY ACT, R.S.C. 1985, c. B-3, AS AMENDED AND SECTION 101 OF THE COURTS OF JUSTICE ACT, R.S.O. 1990, c. C.43, AS AMENDED
Court
Ontario Superior Court of Justice · Commercial List
File
CV-25-00744650-00CL
Filings held5
Last activity16 Oct 2025
On the record475 days
Secured debtSubscribers
OverviewSummary updated

Kapila Transport Inc. et al are the subject of a bankruptcy proceeding under the Bankruptcy and Insolvency Act, commenced on June 3, 2025 in the Ontario Superior Court of Justice (In Bankruptcy and Insolvency), Commercial List, under court file CV-25-00744650-00CL. The proceeding is active. The record to date consists of the application filed on that date; no subsequent orders, appointments or reports have been entered on this page.

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Case updates5 dated entries

2 earlier updates, back to 3 June 2025 subscribers.

Parties

Debtor

Kapila Transport Inc. et al

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, Sep 2025 – Oct 2025176 cases on record

Counsel of record

PartyCounselFirst seenSource
CreditorRoyal Bank of CanadaAird & Berlis LLP3 Jun 2025Application · 3 Jun 2025
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredRoyal Bank of Canada · in 556 casesLeasing (MLA) and un-matured term amounts under the Credit Agreements and Corporate Guarantees, secured by the Security described above (mortgages, GSAs, PPSA registrations) — 'February Demanded Indebtedness' per Second Demand Letters dated 2025-02-27; stated as of February 19, 2025 plus accruing interest and costs; together with January Demanded Indebtedness comprises the 'Demanded Indebtedness', stated to remain outstanding — debtor: Corporate Credit Parties (Kapila Transport Inc., 2669621 Ontario Inc., KGS Freight Inc., 2624598 Ontario Inc., and Kapila Transport Alberta Ltd.) · as of 19 Feb 2025$5.84MNotice of Application dated June 3, 2025

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.

2 more claims across lower-ranking classes

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Documents5 filings
DateDocumentFile
Endorsement of the Honourable Justice Black dated October 16, 2025
  • Presiding officer Justice Black
PDF · Subscribers
Endorsement of the Honourable Justice Black dated September 19, 2025
  • Presiding officer Justice Black
PDF · Subscribers
Application Record of the Applicant dated August 29, 2025 (1)
  • Applicant ROYAL BANK OF CANADA
  • Court SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Court file no CV-25-00744650-00CL
  • Province ONTARIO
  • + 1 more extracted fact
PDF · Subscribers
Application Record of the Applicant dated August 29, 2025 (2)PDF · Subscribers
Notice of Application dated June 3, 2025
  • Applicant Royal Bank of Canada
  • Appointee msi Spergel inc.
  • Appointee role receiver
  • Commencement date 3 June 2025
  • + 9 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., “Kapila Transport Inc. et al” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 20 September 2026, https://proceedings.ca/case/kapila-transport-inc-et-al

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

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.