Pajari Instruments Ltd. has been under court-appointed receivership in Ontario since June 25, 2018, when the Ontario Superior Court of Justice appointed A. Farber & Partners Inc. as receiver on the application of The Toronto-Dominion Bank. TD moved under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act, holding a mortgage and general security agreement over the company. The bank demanded payment of the full amount outstanding on August 16, 2017 — $111,175.21 as at that date — and no payment followed the demand. The proceeding, Court File No. CV-18-599829-00CL, remains active.
The court granted an approval and vesting order for the sale to Stephen Rupke and Brian Rupke. Closing terms, as extracted: Vesting effective upon delivery of Receiver's Certificate confirming payment of Purchase Price and satisfaction of closing conditions. Sealed: Confidential Appendices 1 and 2 to the Report.
Source: Vesting Order
Court appointed A. Farber & Partners Inc. receiver of Pajari Instruments Ltd. on TD's application under BIA s. 243(1) and CJA s. 101, commencing the receivership.
Source: Appointment Order
Interim order granted, commencing the proceedings in the Ontario Superior Court of Justice under court file number CV-18-599829-00CL.
Source: Appointment Order
Debtor
Pajari Instruments Ltd.
Receiver
GlassRatner
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | The Toronto-Dominion Bank · in 111 casesMortgage and General Security Agreement — Demand made August 16, 2017 for full amount outstanding; no payment made after demand — debtor: Pajari Instruments Ltd. · as of 16 Aug 2017 | $111K | Application Record (returnable June 25, 2018) |
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 and vesting order grantedVesting Order · 7 Jan 2019
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Stephen Rupke and Brian Rupkethe Debtor's right, title and interest in and to the real property municipally known as 4152 Carlyon Line, R.R. #4, Orillia, Ontario · real property · agreement 4 Dec 2018 | not stated | Approved7 Jan 2019 | Vesting Order |
| Date | Document | File |
|---|---|---|
Vesting Order
| ||
Application Record (returnable June 25, 2018)
| ||
Appointment Order
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Pajari Instruments Ltd.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/pajari-instruments-ltd
Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/pajari-instruments-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.