Proceedings.

Northwest Sheet Metal Ltd.

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Active
Proceeding
Receivership (court-appointed)Section 243(1) of the Bankruptcy and Insolvency Act and Section 39 of the Law and Equity Act
File
S-251205
Filings held15
Last activity16 Jun 2025
On the record528 days
Secured debtSubscribers
OverviewSummary updated

Northwest Sheet Metal Ltd. has been in court-appointed receivership since April 11, 2025, when the Supreme Court of British Columbia granted a receivership order under section 243 of the Bankruptcy and Insolvency Act together with provincial Judicature Act authority. The proceeding is carried on the British Columbia court file as S-251205. The matter remains active, and the receivership order is the only step recorded here to date.

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Case updates15 dated entries

12 earlier updates, back to 11 April 2025 subscribers.

Parties

Debtor

Northwest Sheet Metal Ltd.

Receiver

MNP

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice WhatelySupreme Court of British Columbia1 order, May 20252 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverMNPMcCarthy Tétrault LLP7 May 2025Application · 7 May 2025
CreditorBusiness Development Bank of CanadaLindsay Kenney LLP16 Jun 2025Service list · 16 Jun 2025
CreditorRoyal Bank of CanadaBorden Ladner Gervais LLP16 Jun 2025Service list · 16 Jun 2025
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredRoyal Bank of Canada · in 556 casesGeneral security agreement dated October 28, 2021 (BC PPR financing statement registered August 18, 2021, Base Registration No. 184625N); also guaranteed by Northwest (guarantee limited to $2,400,000 plus interest) and by Personal Guarantors (Gurmej Dosanjh and Rajdeep Dosanjh) up to $8,000,000 plus interest — Referred to as '129 Indebtedness'; part of total Indebtedness of approximately $6,978,237.47 owed by both Borrowers as of Jan 31, 2025; personal guarantees exist (Gurmej Dosanjh, Rajdeep Dosanjh) - names for reference only — debtor: 1292728 B.C. Ltd. · as of 31 Jan 2025$4.88MPetition to the Court

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.

1 more claim across lower-ranking classes

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Sale processAs stated in the filings

3 transactions · 2 not completed · 1 proposedInitial Asset Transaction incapable of closing due to break-in damage; Receiver seeks approval of Revised Purchase OfferSupplement to the First Receiver's Report · 29 May 2025

PurchaserPriceStatusSource
Cuatro Amigos Holdings Ltd.Related partythe assets described in the Sale Agreement (the 'Purchased Assets') · asset sale · agreement 6 May 2025SubscribersNot completeddate not statedSupplement to the First Receiver's Report
Cuatro Amigos Holdings Ltd.the Purchased Assets · asset sale · agreement 9 May 2025SubscribersNot completedSupplement to the First Receiver's Report
Cuatro Amigos Holdings Ltd.the Purchased Assets · asset sale · agreement 27 May 2025SubscribersProposedSupplement to the First Receiver's Report
Advisorsthree reputable auctioneering companies (auctioneer)Receiver's First Report to Court
Closing termsvacant possession delivered at 12:00 noon on Closing Date; Receiver may extend Closing Date with Purchaser's consentOrder of Justice Whately re Approval and Vesting Order
Documents
15 filings
DateDocumentFile
Service List as at June 16, 2025
  • Counsel Lindsay Kenney LLP
PDF · Subscribers
Notice of Application (filed May 30, 2025)
  • Counsel MNP Ltd. McCarthy Tétrault LLP
PDF · Subscribers
Supplement to the First Receiver's Report
  • Closing confirmed Did not complete · date not stated · Cuatro Amigos Holdings Ltd.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 7 more extracted facts
PDF · Subscribers
Order of Justice Whately re Approval and Vesting Order
  • Closing terms vacant possession delivered at 12:00 noon on Closing Date; Receiver may extend Closing Date with Purchaser's consent
  • Purchaser Cuatro Amigos Holdings Ltd. · the assets described in the Sale Agreement (the 'Purchased Assets') · asset sale · approved
  • Stalking horse Subscribers
PDF · Subscribers
Order of Justice Whately re Sealing Order
  • Counsel MNP Ltd. Mccarthy TétraultLLP
  • Presiding officer Justice Whately
PDF · Subscribers
Application Record IndexPDF · Subscribers
Notice of Application of MNP Ltd. (re Approval, Vesting Order, and Sealing Order)
  • Counsel MNP Ltd. McCarthy TétraultLLP
PDF · Subscribers
Receiver's First Report to Court
  • Purchaser Cuatro Amigos Holdings Ltd. (related party) · all of the assets located on the Premises, as itemized in the Purchase Offer (the 'Purchased Assets') · asset sale · proposed
  • Sale advisor three reputable auctioneering companies (auctioneer)
  • Sale outcome Approval pending — The Receiver recommends the Court grant the Approval and Vesting Order approving the sale to Cuatro Amigos Holdings Ltd.
  • Financial position Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Affidavit #1 of Alice YuPDF · Subscribers
Form 87 Notice and Statement of ReceiverPDF · Subscribers
Receivership Order entered April 11 2025
  • Applicant Royal Bank of Canada
  • Appointee MNP Ltd.
  • Appointee role receiver and manager
  • Commencement date 11 April 2025
  • + 3 more extracted facts
PDF · Subscribers
Affidavit #2 of Babajide AyotadePDF · Subscribers
Affidavit #1 of Alice JarvisPDF · Subscribers
Petition to the Court
  • Applicant ROYAL BANK OF CANADA
  • Appointee MNP Ltd.
  • Appointee role receiver and manager
  • Commencement date 14 February 2025
  • + 4 more extracted facts
PDF · Subscribers
Affidavit #1 of Babajide AyotadePDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Northwest Sheet Metal Ltd.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/northwest-sheet-metal-ltd

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/northwest-sheet-metal-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.