Notice and Statement of the Receiver – Dated February 2, 2026 — Notice of receiver (s. 245 / Form 87)
Nisheu Enterprises Ltd.
- 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
- Industry
- Real estate
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.
Placed Nisheu Enterprises Ltd. into court-appointed receivership, the order pronounced January 23, 2026 and commencing the Alberta proceeding under court file 2503 23335.
Debtor
Nisheu Enterprises Ltd.
Receiver
BDO
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Neilson | Court of King's Bench of Alberta | 1 order, Jan 2026 | 63 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorServus Credit Union Ltd | Dentons Canada LLP | 9 Jan 2026 | Factum · 9 Jan 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Servus Credit Union Ltd. · in 25 casesMortgage 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 — Mortgage Loan outstanding balance; also secured by GSA dated August 16, 2023 over all present and after-acquired personal property — debtor: Nisheu Enterprises Ltd. · as of 30 Dec 2025 | $3.87M | Affidavit of Chris Millar – Filed January 9, 2026 |
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
30 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansThis 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.
| Date | Document | File |
|---|---|---|
Notice and Statement of the Receiver – Dated February 2, 2026
| PDF · Subscribers | |
Receivership Order – Filed January 26, 2026
| PDF · Subscribers | |
Affidavit of Chris Millar – Filed January 9, 2026
| PDF · Subscribers | |
Brief of Servus Credit Union – Filed January 9, 2026
| PDF · Subscribers | |
Receivership Application – Filed January 9, 2026
| 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., “Nisheu Enterprises Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/nisheu-enterprises-ltd