Komtech Enterprises Limited and 2277247 Ontario Limited are the subject of court-appointed receivership proceedings before the Ontario Superior Court of Justice, commenced September 18, 2013 on the application of the Royal Bank of Canada under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act, in court file CV-13-10248-00CL. The Fuller Landau Group Inc. is named as receiver. The Royal Bank of Canada, the first secured creditor, issued a notice of intention to enforce security under section 244 of the Act on August 13, 2013. Niti Mathur is listed as a second secured creditor. The matter remains active.
Claims processIf you are owed money
A claims procedure has been established — see the order for deadlines.
The officer filed report no. Interim Report under Section 246(2). The receivership is winding down with the Receiver working to recover outstanding HST refunds; a shortfall to the secured creditor is expected, so no funds will be available for distribution to other creditors.
The officer filed report no. Interim Report under Section 246(2). The Receiver continues efforts to realize on Komtech's SRED claims, accounts receivable and loans receivable, and cannot yet determine whether a distribution to creditors will be possible.
The court granted an approval and vesting order for the sale to Infinity Asset Solutions Inc. Sealed: Confidential Index to the Receiver's First Report.
Royal Bank of Canada (RBC) · in 584 casesFirst secured creditor; issued demands and Notice of Intention to Enforce under s.244 BIA on August 13, 2013; applied for and obtained receivership appointment. No specific balance stated in these pages. — debtor: Komtech Enterprises Limited and 2277247 Ontario Limited
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receivers first report to court.pdf
Secured
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1 more claim in 1 class The stack holds Secured claims.
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
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.
Closing termsVesting occurs upon delivery of a Receiver's Certificate confirming payment of the purchase price and satisfaction/waiver of closing conditionsapproval and vesting order dated october 23 2013.pdf
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
$3.35M
As at 21 Jul 2015Interim Report Under Section 246(2) to March 18, 2015
Cumulative disbursements
As at
Cash on hand
As at
2 more reported figures
Each one as the filing states it, with its source.
Interim Report Under Section 246(2) to March 18, 2015
Operational summaryThe receivership is winding down with the Receiver working to recover outstanding HST refunds; a shortfall to the secured creditor is expected, so no funds will be available for distribution to other creditors.
Cash on hand · Disbursements · Financial positionSubscribers
Operational summaryThe Receiver continues efforts to realize on Komtech's SRED claims, accounts receivable and loans receivable, and cannot yet determine whether a distribution to creditors will be possible.
Cash on hand · Disbursements · Financial positionSubscribers
approval and vesting order dated october 23 2013.pdf
Closing termsVesting occurs upon delivery of a Receiver's Certificate confirming payment of the purchase price and satisfaction/waiver of closing conditions
CounselDavis LLP
Order date23 October 2013
PurchaserInfinity Asset Solutions Inc. · all of the Debtors' right, title and interest in and to all of the Fixed Assets · asset sale · approved
PurchaserInfinity Asset Solutions Inc. · all of Komtech's fixed assets (the "Fixed Assets") · auction · proposed
Sale outcomeApproval pending — Receiver requesting approval to enter into sale agreement with Infinity for the Fixed Assets, and vesting title upon closing
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “Komtech Enterprises Limited and 2277247 Ontario Limited” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/komtech-enterprises-limited-and-2277247-ontario-limited
Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/komtech-enterprises-limited-and-2277247-ontario-limited
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.