#Claims
MNP Ltd. became receiver of Sand-Mark Sheet Metal Limited on December 17, 2021, under subsections 245 and 246(1) of the Bankruptcy and Insolvency Act.
Sand-Mark Sheet Metal Limited
FollowClosed
- Proceeding
- Receivership (private)Subsection 245 & 246 (1) of the Bankruptcy and Insolvency Act
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.
Proceedings AIAsk this case — answers cite the filings
Case updates1 dated entry
Parties
Debtor
Sand-Mark Sheet Metal Limited
Receiver
MNP
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Royal Bank of Canada · in 556 casesGeneral Security Agreement dated January 27, 2020 — Appointed Receiver pursuant to this security — debtor: Sand-Mark Sheet Metal Limited | $1.1M | Notice and Statement of the Receiver |
11 more claims across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings
Closed · the record states no distribution outcome.
Documents1 filing
| Date | Document | File |
|---|---|---|
Notice and Statement of the Receiver
| 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 20 September 2026, https://proceedings.ca/case/sand-mark-sheet-metal-limited