Proceedings.

Master Kitchen Cabinet Inc.

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Proceeding
Receivership (court-appointed)SECTION 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
Court
Ontario Superior Court of Justice · Commercial List
File
CL-26-00000311-0000
Filings held3
Last activity24 Jul 2026
On the record59 days
OverviewSummary updated

Master Kitchen Cabinet Inc. has been the subject of a bankruptcy application in the Ontario Superior Court of Justice (In Bankruptcy and Insolvency) since a Notice of Application was issued on July 3, 2026, under court file CL-26-00000311-0000. Royal Bank of Canada's Notice of Intention to Enforce Security dated May 11, 2026 put total secured indebtedness at $1,895,818.70, of which $1,668,944.91 was owed by Master Kitchen as primary debtor and $226,873.79 by Everest Design & Build Inc., each guaranteeing the other's obligations; an affidavit sworn July 8, 2026 reports a combined balance of $1,908,730.10 as at June 29, 2026. The Canada Revenue Agency has made third-party demands for $245,865.24 in unremitted GST/HST and $142,718.32 in payroll source deductions, both as at February 3, 2026. The proceeding is active.

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Case updates3 dated entries
Parties

Debtor

Master Kitchen Cabinet Inc.

Receiver

msi Spergel inc.

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Deemed trusts (CRA and other)Canada Revenue Agency · in 926 casesThird-party demand/requirement to pay under the Income Tax Act (payroll source deduction arrears), Account ending 'RP0001' — Deemed trust class claim; RTP issued for unremitted payroll source deductions. — debtor: Master Kitchen Cabinet Inc. · as of 3 Feb 2026$143KApplication Record of the Applicant dated July 9, 2026

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.

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Documents3 filings
DateDocumentFile
Endorsement of the Honourable Justice Myers dated July 24, 2026
  • Presiding officer Justice Myers
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Order of the Honourable Justice Myers dated July 24, 2026
  • Applicant Royal Bank of Canada
  • Appointee msi Spergel inc.
  • Appointee role receiver
  • Commencement date 24 July 2026
  • + 8 more extracted facts
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Application Record of the Applicant dated July 9, 2026
  • Applicant ROYAL BANK OF CANADA
  • Appointee msi Spergel inc.
  • Appointee role Proposed Receiver
  • Commencement date 3 July 2026
  • + 8 more extracted facts
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CiteProceedings., “Master Kitchen Cabinet Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 20 September 2026, https://proceedings.ca/case/master-kitchen-cabinet-inc

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