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.
Renson Transport Ltd.
Follow- 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
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.
Application Record of the Applicant (volume II) dated December 18, 2024 was filed. Court file CV-24-00005880-0000.
Source: Application Record of the Applicant (volume II) dated December 18, 2024
Application Record of the Applicant (volume I) dated December 18, 2024 — Application / notice of application
Debtor
Renson Transport Ltd.
Receiver
msi Spergel inc.
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Cudjoe | Ontario Superior Court of Justice | 2 orders, Jan 2025 | 4 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorRoyal Bank of Canada | Aird & Berlis LLP | 7 Jan 2025 | Application · 7 Jan 2025 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Canadian 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 |
| 4 | Secured | BizFund 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 |
| 4 | Secured | Royal 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 2024 | — | Application Record of the Applicant (volume II) dated December 18, 2024 |
| 5 | PMSI / lessors | PPSA 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 s | — | Application 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.
| Date | Document | File |
|---|---|---|
Endorsement of The Honourable Justice Cudjoe dated January 16, 2025
| ||
Receivership Order dated January 16, 2025
| ||
Confirmation of Motion dated January 7, 2025
| ||
| Application Record of the Applicant (volume I) dated December 18, 2024 | ||
Application Record of the Applicant (volume II) dated December 18, 2024
| ||
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