Mushimpex Investments Inc. - 336 Tweedsmuir Avenue, Ottawa, ON
Follow- Proceeding
- Receivership (court-appointed)SUBSECTION 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, AS AMENDED
- File
- CV-25-00100786-0000
Mushimpex Investments Inc. is the subject of an active court-appointed receivership in the Ontario Superior Court of Justice (In Bankruptcy and Insolvency), brought under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act receivership powers, under court file CV-25-00100786-0000. The proceeding concerns the debtor's Ottawa property at 336 Tweedsmuir Avenue. No dated milestones have been entered on this record to date.
The court appointed msi Spergel Inc. as receiver and manager, on the application of MERIDIAN CREDIT UNION LIMITED. Court file CV-25-00100786-0000.
Source: Order of the Honourable Justice Macleod dated October 9, 2025
Application Record of the Applicant dated September 30, 2025 was filed. Court file CV-25-00100786-0000.
Source: Application Record of the Applicant dated September 30, 2025
Debtor
Mushimpex Investments Inc. - 336 Tweedsmuir Avenue, Ottawa, ON
Receiver
msi Spergel inc.
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Government obligations (CRA income tax, HST, and municipal property tax arrears) (aggregate as reported)as of Meridian's December 2024 loan review — Mixed statutory priority claims - deemed trust (income tax/HST) and municipal tax lien (property tax) — Stated only as an approximation ('significant outstanding government obligations aggregating approximately $330,000') in the grounds for the application, not broken down by creditor. May overlap with, but does not reconcile to, the itemized City of Ottawa property tax arrears figures shown separately above (Exhibit M); no CRA notice content is included in the excerpted pages (Exhibit N cover page only, no substantive content). — debtor: Mushimpex | $330K | Application Record of the Applicant dated September 30, 2025 |
| 4 | Secured | Meridian Credit Union Limited · in 17 casesFirst collateral charge ('Meridian Mortgage') registered December 20, 2019 as Instrument No. OC2178444 against 336 Tweedsmuir Avenue, Ottawa, in the registered/credit-limit amount of $3,100,000 (a ceiling, not a balance); General Security Agreement dated December 3/4, 2019, perfected by PPSA registration; General Assignment of Leases and Rents registered December 20, 2019 as Instrument No. OC2178447 — Loan principal advanced was $1,850,000 (fully advanced Dec 20, 2019); matured Dec 20, 2024 unpaid; indebtedness was $1,578,648.32 as at June 12, 2025 (demand date); increased to $1,590,919.62 as · as of 25 Jul 2025 | $1.59M | Application Record of the Applicant dated September 30, 2025 |
| 4 | Secured | City of Ottawa (property tax arrears) · in 11 casesMunicipal property tax arrears - statutory priority lien under the Ontario Municipal Act — Relates to 562 Edison Ave, Ottawa (Roll No. 0614.084.502.16200.0000); notice marked 'Final Collections Notice'. — debtor: Mushimpex Investments Inc. · as of 8 Jul 2024 | $18.4K | Application Record of the Applicant dated September 30, 2025 |
| 8 | Unsecured | Caisse Desjardins Ontario Credit Union Inc. · in 22 casesas of July 2024 — Described only as an approximate '$1.7 million Judgment'; exact amount not stated. Applicant states it has no visibility into how the judgment arose or the Debtor's plan to address it. — debtor: Mushimpex Investments Inc. | $1.7M | Application Record of the Applicant dated September 30, 2025 |
| 8 | Unsecured | Oakwood Designers & Builders Inc.as of September 2023 — Described only as an approximate figure ('approximately $1,006,000'); exact amount not stated. — debtor: Mushimpex Investments Inc. | $1.01M | Application Record of the Applicant dated September 30, 2025 |
| 8 | Unsecured | Oakwood Designers & Builders Inc.as of May 2024 — Described only as an approximate figure ('approximately $784,000'); exact amount not stated. — debtor: Mushimpex Investments Inc. | $784K | Application Record of the Applicant dated September 30, 2025 |
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 — Transaction approved by Court order; Debtor's right, title and interest to vest in Purchaser upon delivery of Receiver's CertificateOrder of the Honourable Justice MacLeod dated August 24, 2026 · 24 Aug 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Tejinder Dhillonthe Debtor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · real property · nominee/assignee: a corporation to be formed · agreement 17 Jun 2026 | not stated | Approved24 Aug 2026 | Order of the Honourable Justice MacLeod dated… |
Meridian Credit Union Limited: shortfall.Motion Record of the Receiver · 7 Aug 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| SecuredMeridian, as the senior secured lender | Meridian Credit Union Limited | — | shortfall | per the receiver | Motion Record of the Receiver · 7 Aug 2026 |
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.
| Date | Document | File |
|---|---|---|
Endorsement of the Honourable Justice MacLeod dated August 24, 2026
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Order of the Honourable Justice MacLeod dated August 24, 2026
| ||
Motion Record of the Receiver dated August 7, 2026
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Order of the Honourable Justice Macleod dated October 9, 2025
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| Factum of the Applicant dated October 2, 2025 | ||
Application Record of the Applicant dated September 30, 2025
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Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Mushimpex Investments Inc. - 336 Tweedsmuir Avenue, Ottawa, ON” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/mushimpex-investments-inc-336-tweedsmuir-avenue-ottawa-on