Mann Farms is the subject of a court-appointed receivership in the Supreme Court of British Columbia, brought under section 243 of the Bankruptcy and Insolvency Act and the provincial Judicature Act, under court file number S-240358. The proceeding commenced on March 8, 2024 with the filing of the receivership application. The matter is recorded as closed. Beyond the March 8, 2024 application, no further steps in the proceeding are captured on this record, and no receiver, secured creditor, asset or claims information is reflected here.
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Farm Credit Canada (FCC) · in 34 casesas of August 2024 (payout confirmation) — Mortgage over Mission Property (Excluded Lands) — FCC described as 'priority creditor' over Excluded Lands; report states mortgage 'paid out in full at approximately $2.4 million' (prose) - exact dated figure from Dhaliwal Law confirmation is $2,334,026.01, paid from sale proceeds; mortgage now DISCHARGED following sale of Mission Property. — debtor: 13 Mann Farms B.C. Ltd.
$2.33M
First Report of the Receiver
Secured
National Bank of Canada (NBC) · in 87 casesSecured lender to the Companies; petitioner in receivership proceedings — NBC identified as 'secured lender to the Companies' and petitioner; pre-filing secured balance not stated in these pages. Separately, post-filing Receiver's Certificate borrowings of $250,000 were provided by NBC, secured by the Receiver's Borrowings Charge under the Receivership Order (this is post-filing financing, not the pre-filing balance). — debtor: Mann Farms (1326 Mann Farm Inc., K P Drywall Ltd., 13 Mann Farms B.C. Ltd., Dyke Valley Berry Farms Ltd.)
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First Report of the Receiver
Secured
Farm Credit Canada (FCC) · in 34 casesas of Order Approving Sale, March 7, 2025 — Mortgage over Langley Property (Excluded Lands) — Order Approving Sale (March 7, 2025) directs sale proceeds of $5,055,000 to be paid, after taxes and realtor commission, to FCC to satisfy 'the outstanding balance of its mortgage, plus interest and assessed costs' - no dollar figure for the balance is stated; mortgage now resolved/discharged via sale.
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First Report of the Receiver
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“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.
RecoveriesAs stated in the filings
Closed · the record states no distribution outcome.
Notice of Application (distribution and discharge)
Fee scheduleEngagements: Form: prose · Rows: · Money: Approximate: false · Period: Kind: unstated · Approval: Quote: approving the fees and disbursements of the Receiver and its legal counsel, Osler, Hoskin and Harcourt LLP (' Osler ') · State: sought · Averages: — · Currency: · Invoices: · Hours total: Quote: This includes 438.6 hours of work billed at an average rate of $853.13. · Value: 438.6 · Context quote: approving the fees and disbursements of the Receiver and its legal counsel, Osler, Hoskin and Harcourt LLP (' Osler ') · Firm unverified: true; Form: prose · Rows: · Money: Approximate: false · Period: Kind: unstated · Approval: Quote: approving the fees and disbursements of the Receiver and its legal counsel, Osler, Hoskin and Harcourt LLP (' Osler ') · State: sought · Averages: — · Currency: · Invoices: · Firm text: Osler, Hoskin and Harcourt LLP · Firm quote: approving the fees and disbursements of the Receiver and its legal counsel, Osler, Hoskin and Harcourt LLP (' Osler ') · Hours total: Quote: This includes 363.2 hours of work billed at an average rate of $562.75. · Value: 363.2 · Context quote: its legal counsel, Osler, Hoskin and Harcourt LLP
Secured creditors$2.33M · Note: FCC described as 'priority creditor' over Excluded Lands; report states mortgage 'paid out in full at approximately $2.4 million' (prose) - exact dated figure from Dhaliwal Law confirmation is $2,334,026.01, paid from sale proceeds; mortgage now DISCHARGED following sale of Mission Property. · Page: 9 · As of: August 2024 (payout confirmation) · Debtor: 13 Mann Farms B.C. Ltd. · Creditor: Farm Credit Canada (FCC) · Security: Mortgage over Mission Property (Excluded Lands)
Secured creditors$13.8M · Note: Amount excludes accruing fees and costs including legal and financial advisor fees. A demand letter dated September 13, 2023 stated outstanding amount under the Credit Facilities (inclusive of accrued interest, fees, indemnities and legal fees) of $13,644,811.74 (prose/earlier dated figure). Personal guarantees held from individuals Gurmeet Mann and Komalpreet Mann (related parties, Mann family). · Page: 5 · As of: 2023-11-30 · Debtor: 1326 Mann Farm Inc. (borrower); K P Drywall Ltd., 13 Mann Farms B.C. Ltd. and Dyke Valley Berry Farms Ltd. (guarantors/co-debtors) · Creditor: National Bank of Canada · Security: First-ranking collateral mortgage on the Farm (8201 Dyke Road, Abbotsford, BC) granted by Dyke Valley Berry Farms Ltd.; General Security Agreements (GSAs) granted by Mann Farm, K P Drywall, 13 Mann Farms and Dyke Valley; unlimited guarantees (2022 Guarantees) from K P Drywall, 13 Mann Farms, Gurmeet Mann and Komalpreet Mann, and Dyke Valley Guarantee re 125 Ltd. obligations. Facility limits (not balances): Line of Credit $300,000; Property Term Loan (2022) $11,492,000 (assumed balance of 2020 term loan originally $11,970,000/$11,979,000); Shares Term Loan $2,500,000; Mastercards $50,000.
Secured creditors$11.5M · Note: Amount stated is the outstanding balance of Term Loan (Loan No. 020632892974) as of the January 14, 2022 Offer of Financing, being the assumed balance of an original $11,970,000 term loan advanced June 29, 2020 to 1251773 B.C. Ltd. Additional facilities are facility limits, not balances: Line of Credit up to $300,000 CAD (new, 2022), Term Loan up to $2,500,000 CAD (new, 2022, for share acquisition), Mastercard credit cards up to $50,000 CAD. Guarantees from Gurmeet Mann, Komalpreet Mann, and Jaswant Mann are personal guarantees (individuals; not corporate creditors). Bank issued default notice August 29, 2023 and formal demand September 13, 2023 with BIA/Farm Debt Mediation Act notices; updated post-default balance not stated on the pages provided. · Page: 9 · As of: 2022-01-14 · Debtor: 1326 Mann Farm Inc. (formerly 1251773 B.C. Ltd., amalgamated) · Creditor: National Bank of Canada · Security: General Security Agreements (1st ranking all personal property) from Mann Farm (Jan 28, 2022 and July 11, 2022) and 1251773 B.C. Ltd. (July 15, 2020); GSA from K P Drywall Ltd.; GSA from 13 Mann Farms B.C. Ltd. (2nd ranking, 1st ranking held by Farm Credit Canada); GSA from Dyke Valley Berry Farms Ltd.; 1st ranking Unlimited Collateral Charge Mortgage on lands at 8201 Dyke Road, Abbotsford BC (PID 024-200-981) granted by Dyke Valley, plus general assignment of rents; Unlimited Guarantees from K P Drywall, 13 Mann Farms, Gurmeet Mann, Komalpreet Mann, Dyke Valley Berry Farms Ltd., and Jaswant Mann; Subordination Agreements from K P Drywall, 13 Mann Farms, Gurmeet Mann, and Komalpreet Mann; Assignment of Insurance Policies and Proceeds
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Mann Farms” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/mann-farms
Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/mann-farms
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.