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.
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.
Source: Interim Report Under Section 246(2) to March 18, 2015
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.
Source: approval and vesting order dated october 23 2013.pdf
The court appointed The Fuller Landau Group Inc. as receiver, on the application of ROYAL BANK OF CANADA. Court file CV-13-10248-00CL.
The court granted an order on September 18, 2013 appointing The Fuller Landau Group Inc. as receiver on the application of the Royal Bank of Canada.
application record re komtech september 18 2013_part2.pdf — Application / notice of application
application record re komtech september 18 2013_part3.pdf — Application / notice of application
application record re komtech september 18 2013_part1.pdf was filed. Court file CV-13-10248-OOCL.
Source: application record re komtech september 18 2013_part1.pdf
Debtor
Komtech Enterprises Limited and 2277247 Ontario Limited
Receiver
Fuller Landau
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Niti MathurSecond secured creditor; represented by her husband Raj Mathur, Komtech's president - related party. No amount stated. — debtor: Komtech Enterprises Limited | — | receivers first report to court.pdf |
| Secured | Royal Bank of Canada (RBC) · in 556 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 | — | receivers first report to court.pdf |
“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.
Sale approved — Sale of Fixed Assets to Infinity Asset Solutions Inc. approvedapproval and vesting order dated october 23 2013.pdf · 23 Oct 2013
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Infinity Asset Solutions Inc.all of the Debtors' right, title and interest in and to all of the Fixed Assets · asset sale | Sealedsale proposal and sales agreement price not disclosed; confidential index sealed | Approved23 Oct 2013 | approval and vesting order dated october 23… |
Unsecured creditors: not yet estimated.Receiver's Report to September 18, 2014 · 15 Jan 2015
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | — | — | shortfall | per the receiver | Interim Report Under Section 246(2) to March 18, 2015 · 21 Jul 2015 |
| Unsecured | — | — | not yet estimated | per the receiver | Receiver's Report to September 18, 2014 · 15 Jan 2015 |
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.
Cumulative receipts
$3.35M
As at 18 Mar 2015Interim Report Under Section 246(2) to March 18, 2015
Cumulative disbursements
$2.92M
As at 18 Mar 2015Interim Report Under Section 246(2) to March 18, 2015
Cash on hand
$440K
As at 18 Mar 2015Interim Report Under Section 246(2) to March 18, 2015
| Date | Document | File |
|---|---|---|
Interim Report Under Section 246(2) to March 18, 2015
| ||
Receiver's Report to September 18, 2014
| ||
approval and vesting order dated october 23 2013.pdf
| ||
| motion record rtn. october 23 2013.pdf | ||
receivers first report to court.pdf
| ||
application record re komtech september 18 2013_part1.pdf
| ||
| application record re komtech september 18 2013_part2.pdf | ||
| application record re komtech september 18 2013_part3.pdf | ||
appointment order dated september 18 2013.pdf
| ||
| proof of claim - blank komtech.pdf | ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Komtech Enterprises Limited and 2277247 Ontario Limited” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 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.