Proceedings.

RLY Farms Inc.

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Receivership (court-appointed)subsection 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended
File
CV-24-00000139-0000
Filings held5
Last activity8 Jul 2026
On the record515 days
Secured debtSubscribers
OverviewSummary updated

RLY Farms Inc. is the subject of a court-appointed receivership before the Ontario Superior Court of Justice (In Bankruptcy and Insolvency), commenced March 30, 2026 under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority, court file CV-24-00000139-0000. The proceeding opened with an interim order granted the same day and remains active. The record shows no steps after that date.

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Case updates5 dated entries
#Order

Interim order granted, opening the receivership in the Ontario Superior Court of Justice under file CV-24-00000139-0000; the only step recorded to date.

Source: Justice Gibson Order

2 earlier updates, back to 24 April 2025 subscribers.

Parties

Debtor

RLY Farms Inc.

Receiver

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredRoyal Bank of Canada · in 556 casesSecurity on the Property (real and personal property) of RLY Farms Inc. — Receiver's Statement (p.1) estimates this claim at approximately $3.3 million; List of Creditors (p.3) states exact figure of $3,286,000, used as amount. — debtor: RLY Farms Inc. · as of 10 Jun 2025$3.29M245 Notice and Statement of Receiver

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.

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Documents5 filings
DateDocumentFile
Justice Gibson Endorsement
  • Presiding officer Justice Gibson
PDF · Subscribers
Justice Gibson Order
  • Applicant ROYAL BANK OF CANADA
  • Appointee MNP Ltd.
  • Appointee role Court-appointed receiver
  • Commencement date 30 March 2026
  • + 4 more extracted facts
PDF · Subscribers
245 Notice and Statement of Receiver
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Endorsement by Justice Edwards
  • Presiding officer Justice Edwards
PDF · Subscribers
Order by Justice Edwards
  • Applicant ROYAL BANK OF CANADA
  • Appointee MNP Ltd.
  • Appointee role receiver
  • Commencement date 24 April 2025
  • + 5 more extracted facts
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., “RLY Farms Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/rly-farms-inc

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/rly-farms-inc

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.

RLY Farms Inc. — Receivership | Proceedings.