Proceedings.

Sand-Mark Sheet Metal Limited

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Proceeding
Receivership (private)Subsection 245 & 246 (1) of the Bankruptcy and Insolvency Act
Filings held1
Last activity18 Jan 2022
On the record1,785 days
Secured debtSubscribers
OverviewSummary updated

Sand-Mark Sheet Metal Limited entered a private receivership on December 17, 2021, when MNP Ltd. became receiver under subsections 245 and 246(1) of the Bankruptcy and Insolvency Act. MNP was appointed pursuant to a General Security Agreement dated January 27, 2020 securing a $1,100,000 claim held by the Royal Bank of Canada. The Business Development Bank of Canada, Ford Credit Canada, and Greenwood Electrical are also listed as secured creditors, with amounts owed unknown. Unsecured claims include $4,360 to Messer, $3,960 to JJ Asset Management, and $3,610 to Ram Tracking.

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Case updates1 dated entry
Parties

Debtor

Sand-Mark Sheet Metal Limited

Receiver

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredRoyal Bank of Canada · in 584 casesGeneral Security Agreement dated January 27, 2020 — Appointed Receiver pursuant to this security — debtor: Sand-Mark Sheet Metal Limited$1.1MNotice and Statement of the Receiver
4Secured
4Secured
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

11 more claims in 2 classes The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Documents1 filing
DateDocumentFile
Notice and Statement of the Receiver
  • Appointee MNP Ltd.
  • Appointee role receiver
  • Commencement date 17 December 2021
  • Financial position Subscribers
  • + 4 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., “Sand-Mark Sheet Metal Limited” (Receivership (private)). Retrieved 5 November 2026, https://proceedings.ca/case/sand-mark-sheet-metal-limited

Sources last checked · summary updated 6 September 2026 · Report a correction · Printed from proceedings.ca/case/sand-mark-sheet-metal-limited

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.