Proceedings.

Nisheu Enterprises Ltd.

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Active
Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, section 13(2) of the Judicature Act, 65(7) of the Personal Property Security Act and section 49 of the Law of Property Act
File
2503 23335
Filings held5
Last activity2 Feb 2026
On the record241 days
Secured debt$241K
OverviewSummary updated

Nisheu Enterprises Ltd. is in court-appointed receivership in Alberta, following a receivership order pronounced by the Court of King's Bench of Alberta on January 23, 2026. The proceeding is carried under court file number 2503 23335 and rests on section 243 of the Bankruptcy and Insolvency Act together with provincial Judicature Act authority. The receivership is active, and the record carries no steps after the appointment order.

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Case updates5 dated entries
Parties

Debtor

Nisheu Enterprises Ltd.

Receiver

BDO

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice NeilsonCourt of King's Bench of Alberta1 order, Jan 202644 cases on record

Counsel of record

PartyCounselFirst seenSource
CreditorServus Credit Union LtdDentons Canada LLP9 Jan 2026Factum · 9 Jan 2026
Capital structureAs asserted in the filings
stated amounts, drawn to scale
#Priority classCreditorAmountSource
4SecuredServus Credit Union Ltd. · in 23 casesCost Account, secured by Mortgage and GSA — Cost Account outstanding balance, part of total Indebtedness secured by Mortgage/GSA — debtor: Nisheu Enterprises Ltd. · as of 30 Dec 2025$241KAffidavit of Chris Millar – Filed January 9, 2026
8UnsecuredVitality Medical Clinic Ltddebtor: Nisheu Enterprises Ltd.$1.49MNotice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredRick Balbi Architect Ltd. · in 3 casesdebtor: Nisheu Enterprises Ltd.$76.3KNotice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredRBC Royal Bank Visa · in 24 casesdebtor: Nisheu Enterprises Ltd.$44.6KNotice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredElpro Elevators & Lifts Incdebtor: Nisheu Enterprises Ltd.$22.2KNotice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredCRA - Tax - Prairies · in 86 casesDeemed trust class (CRA) — debtor: Nisheu Enterprises Ltd.$21.2KNotice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredWalmart MasterCard · in 2 casesdebtor: Nisheu Enterprises Ltd.$15.4KNotice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredA1 Alarm Systemdebtor: Nisheu Enterprises Ltd.$14.5KNotice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredYasmine Akhtar Khandebtor: Nisheu Enterprises Ltd.$11.5KNotice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredThe Moulding Storedebtor: Nisheu Enterprises Ltd.$10.2KNotice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredElite Coatings Canada Incdebtor: Nisheu Enterprises Ltd.$10.1KNotice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredNiranjan Gautam CPA Professional Corporationdebtor: Nisheu Enterprises Ltd.$7.82KNotice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredCostco Capital Onedebtor: Nisheu Enterprises Ltd.$5.94KNotice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredPresident's Choice Mastercarddebtor: Nisheu Enterprises Ltd.$4.73KNotice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredAmerican Express · in 28 casesdebtor: Nisheu Enterprises Ltd.$4.05KNotice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredEnmax · in 61 casesdebtor: Nisheu Enterprises Ltd.$2.91KNotice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredRB'S Electricdebtor: Nisheu Enterprises Ltd.$2.73KNotice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredTrue Mettle Contracting Ltddebtor: Nisheu Enterprises Ltd.$2.71KNotice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredPezzente Brothers Construction Ltddebtor: Nisheu Enterprises Ltd.$2.28KNotice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredDivine Kitchen Cabinets Incdebtor: Nisheu Enterprises Ltd.$1.75KNotice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredDirect Energy Regulated Services · in 58 casesdebtor: Nisheu Enterprises Ltd.$1.41KNotice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredLlewellyn Lawdebtor: Nisheu Enterprises Ltd.$1.17KNotice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredWest Air Sheet Metal Ltddebtor: Nisheu Enterprises Ltd.$846Notice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredBlue Lake Contractingdebtor: Nisheu Enterprises Ltd.$840Notice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredRogers Business · in 3 casesdebtor: Nisheu Enterprises Ltd.$445Notice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredNas Fire Protectiondebtor: Nisheu Enterprises Ltd.$360Notice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredRogers Business · in 3 casesSecond, separately listed Rogers Business balance — debtor: Nisheu Enterprises Ltd.$104Notice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredTax and Revenue Administration · in 10 casesdebtor: Nisheu Enterprises Ltd.$1Notice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredEpcor · in 49 casesdebtor: Nisheu Enterprises Ltd.$1Notice and Statement of the Receiver – Dated February 2, 2026
8UnsecuredThe City of Calgary · in 10 casesdebtor: Nisheu Enterprises Ltd.$1Notice and Statement of the Receiver – Dated February 2, 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.

Documents5 filings
DateDocumentFile
Notice and Statement of the Receiver – Dated February 2, 2026
  • Secured creditors $4.12M · Note: Amount per affidavit of Chris Millar, Senior Commercial Special Loans for Servus, sworn January 8, 2026 · Page: 1 · As of: 2026-01-08 · Debtor: Nisheu Enterprises Ltd. · Creditor: Servus Credit Union Ltd. · Security: Mortgage
  • Unsecured creditors $840 · Page: 3 · Basis: Listed as Other Known Creditors in Schedule A to Notice of Receiver · Debtor: Nisheu Enterprises Ltd. · Creditor: Blue Lake Contracting
PDF
Receivership Order – Filed January 26, 2026
  • Applicant SERVUS CREDIT UNION LTD.
  • Appointee BDO Canada Limited
  • Appointee role receiver and manager
  • Commencement date 23 January 2026
  • + 4 more extracted facts
PDF
Affidavit of Chris Millar – Filed January 9, 2026
  • Secured creditors $3.87M · Note: Mortgage Loan outstanding balance; also secured by GSA dated August 16, 2023 over all present and after-acquired personal property · Page: 2 · As of: 2025-12-30 · Debtor: Nisheu Enterprises Ltd. · Creditor: Servus Credit Union Ltd. · Security: Mortgage dated August 16, 2023 (instrument 231 294 813), maximum principal amount $9,075,000.00, over Lands/Building at 1243 48 Ave NE, Calgary; also secures Cost Account and all Indebtedness
PDF
Brief of Servus Credit Union – Filed January 9, 2026
  • Counsel Dentons Canada LLP
PDF
Receivership Application – Filed January 9, 2026
  • Applicant Servus Credit Union Ltd.
  • Appointee BDO Canada Limited
  • Appointee role receiver and manager
  • Commencement date 9 January 2026
  • + 4 more extracted facts
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Nisheu Enterprises Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/nisheu-enterprises-ltd

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/nisheu-enterprises-ltd

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.