Monde Development Group Inc.

Active

Proceeding: Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, and section 101 of the Courts of Justice Act, and section 68 of the Construction Act
Court: Ontario Superior Court of Justice · Commercial List
File: CL-26-00000241-0000

Filings held4

Last activity17 Jul 2026

On the record76 days

OverviewSummary updated 8 August 2026

Monde Development Group Inc. is the subject of a court-appointed receivership proceeding in the Ontario Superior Court of Justice (In Bankruptcy and Insolvency), commenced on June 1, 2026 under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act provisions. The matter proceeds in Ontario under court file number CL-26-00000241-0000 and remains active. No steps beyond the application itself have been recorded to date.

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Case updates4 dated entries

17 Jul 2026

#Filing

Notice and Statement of Receiver - Monde Development Group Inc — Notice of receiver (s. 245 / Form 87)

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7 Jul 2026

#Order

The court appointed BDO Canada Limited as receiver and manager, and as construction lien trustee, on the application of Meridian Credit Union Limited. Court file CL-26-00000241-0000.

Source: Appointment Order - dated July 7, 2026

7 Jul 2026

#Order

Endorsement - dated July 7, 2026 — Endorsement / reasons

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1 earlier update, back to 7 July 2026 — subscribers.

Parties

Debtor

Monde Development Group Inc.

Receiver

BDO

Capital structureAs asserted in the filings

Priority class	Creditor	Amount	Source
Secured	Meridian Credit Union Limited · in 17 casesRegistered interest against the Property (1607 King Street E., Clarington, Ontario) — Amount per Receiver's summary based on court filing materials and information from the debtor — debtor: Monde Development Group Inc.	$37.5M	Notice and Statement of Receiver - Monde Development Group Inc

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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Documents4 filings

Date	Document	File
17 Jul 2026	Notice and Statement of Receiver - Monde Development Group Inc Financial position · Secured creditors · Unsecured creditors Subscribers	PDF · Subscribers

7 Jul 2026	Appointment Order - dated July 7, 2026 Applicant Meridian Credit Union Limited Appointee BDO Canada Limited Appointee role receiver and manager, and as construction lien trustee Commencement date 7 July 2026 + 5 more extracted facts	PDF · Subscribers

7 Jul 2026	Endorsement - dated July 7, 2026 Presiding officer Justice F.L. Myers	PDF · Subscribers

1 Jun 2026	Application Record-Applicant-dated June 1, 2026 Applicant MERIDIAN CREDIT UNION LIMITED Appointee BDO CANADA LIMITED Appointee role Proposed Receiver Commencement date 1 June 2026 + 6 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., “Monde Development Group Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 20 September 2026, https://proceedings.ca/case/monde-development-group-inc