Proceedings.

Renson Transport Ltd.

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Active
Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
File
CV-24-00005880-0000
Filings held5
Last activity16 Jan 2025
On the record613 days
OverviewSummary updated

Renson Transport Ltd. has been in court-appointed receivership since January 16, 2025, when the Ontario Superior Court of Justice made a receivership order under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding is carried on the court's file as CV-24-00005880-0000 and remains active. The appointment order, pronounced on Thursday, January 16, 2025, is the only step recorded in this proceeding to date; no further orders, reports or hearings form part of the record.

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Case updates5 dated entries
#Order

Receivership order pronounced Thursday, January 16, 2025, placing Renson Transport Ltd. into court-appointed receivership and commencing the Ontario Superior Court proceeding under file CV-24-00005880-0000.

Source: Receivership Order dated January 16, 2025

Parties

Debtor

Renson Transport Ltd.

Receiver

msi Spergel inc.

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice CudjoeOntario Superior Court of Justice2 orders, Jan 20254 cases on record

Counsel of record

PartyCounselFirst seenSource
CreditorRoyal Bank of CanadaAird & Berlis LLP7 Jan 2025Application · 7 Jan 2025
Capital structureAs asserted in the filings
#Priority classCreditorAmountSource
4SecuredCanadian Western Bank · in 80 casesPPSA registration (file 751005189, reg. 2019-05-08) - blanket/general security; collateral description states 'and other security held by Debtor #2 in connection with the indebtedness of Debtor #1 to Debtor #2.' — Registration ceiling/amount not stated. The relationship between 'Debtor #1' and 'Debtor #2' referenced in the collateral description is not clarified in the search results provided; may indicate cross-guarantee or related-party financing arrangement. — debtor: Renson Transport Ltd.Application Record of the Applicant (volume II) dated December 18, 2024
4SecuredBizFund Canada Ltd. · in 2 casesPPSA registration (file 505543941, reg. 2024-05-21) over future receivables sold pursuant to a Purchase and Sale of Future Receivables Agreement dated 2024-04-22; registered amount $55,600 (financing/registered amount, not confirmed as an outstanding balance); registration states the transaction is intended as an outright sale of receivables, not a financing/security interest. — Registration also names Surjit Singh Chahal (the Debtor's personal guarantor to RBC) as a co-debtor personally on this facility; individual's name given for context only per treatment of guarantors/related individuals.Application Record of the Applicant (volume II) dated December 18, 2024
4SecuredRoyal Bank of Canada · in 556 casesSix vehicle/equipment leasing schedules between RBC and the Debtor (lease numbers 201000069330, 201000070659, 201000071268, 201000072256, 201000074511, 201000074560). — Per-lease balances (excl. 13% HST) and Total Owing as of Nov 19, 2024, per RBC counsel's letter: #201000069330 balance $67,631.34 / total owing $76,423.41 (next payment Dec 16, 2024); #201000070659 balance $224,653.20 / total owing $253,858.12 ($4,230.97 in arrears as of Nov 1, 2024); #201000071268 balance $75,682.20 / total owing $85,520.89 (next payment Dec 5, 2024); #201000072256 balance $432,884.34 / total owing $489,159.30 · as of 19 Nov 2024Application Record of the Applicant (volume II) dated December 18, 2024
5PMSI / lessorsPPSA equipment financiers (PMSI class) · in 183 casesPMSI registrations over serialized motor vehicles/trailers: BMW Canada Inc. (2023 BMW 330i xDrive Sedan, VIN JMW89FF00P8D67223, registered amount $66,189, reg. 2024-05-30, file 505852713); PNC Vendor Finance Corporation Canada (3x 2025 Great Dane trailers, reg. 2024-05-27, file 505742265; 5x 2025 Hyundai Composite trailers, reg. 2024-05-15, file 505416843); Bank of Montreal (2x 2025 Great Dane trailers, reg. 2024-05-23, file 505651815). — Aggregated per serialized-equipment PMSI class per instructions; no combined balance stated in the PPSA search results. Only BMW Canada Inc.'s registration sApplication Record of the Applicant (volume II) dated December 18, 2024

“not stated” means the record names the claim without a figure; “” means not in the extracted record.

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
Endorsement of The Honourable Justice Cudjoe dated January 16, 2025
  • Presiding officer Justice Cudjoe
PDF
Receivership Order dated January 16, 2025
  • Applicant Royal Bank of Canada
  • Appointee msi Spergel inc.
  • Appointee role receiver
  • Commencement date 16 January 2025
  • + 5 more extracted facts
PDF
Confirmation of Motion dated January 7, 2025
  • Counsel Aird & Berlis LLP
PDF
Application Record of the Applicant (volume I) dated December 18, 2024PDF
Application Record of the Applicant (volume II) dated December 18, 2024
  • Applicant ROYAL BANK OF CANADA
  • Appointee msi Spergel inc.
  • Appointee role Receiver
  • Commencement date 18 December 2024
  • + 4 more extracted facts
PDF

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

CiteProceedings., “Renson Transport Ltd.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/renson-transport-ltd

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