Stratford Petroleum Inc.

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Proceeding: Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended (the "BIA") and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended (the "CJA")
Court: Ontario Superior Court of Justice
File: CV-21-00664301-00CL

Filings held2

Last activity9 Jul 2021

On the record1,889 days

OverviewSummary updated 1 September 2026

Stratford Petroleum Inc. has been in court-appointed receivership since July 9, 2021, when the Ontario Superior Court of Justice (Commercial List) appointed Rosen Goldberg Inc. receiver on Bank of Montreal's application in file CV-21-00664301-00CL, under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. Bank of Montreal's demand letter of March 18, 2021 put $2,492,201.05 then outstanding, secured by a demand mortgage registered for a principal of $2,497,500 and a general security agreement dated May 29, 2019, and backed by personal guarantees from Sukhdesh Parmar, Ranbir Takhar, Amarjeet Takhar and Santosh Parmar. Parkland Fuel Corporation's registered lease was postponed to the bank's charge on May 30, 2019.

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Case updates2 dated entries

9 Jul 2021

#Order

The court granted Bank of Montreal's application and placed Stratford Petroleum Inc.'s property under Rosen Goldberg Inc. as receiver.

Source: Receivership Order

1 May 2019

#Filing

Application Record — Application / notice of application

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Parties

Debtor

Stratford Petroleum Inc.

Receiver

Rosen Goldberg

Capital structureAs asserted in the filings

Priority class	Creditor	Amount	Source
Secured	Bank of Montreal · in 279 casesDemand mortgage (instrument no. PC168466) registered principal $2,497,500; General Security Agreement dated May 29, 2019 registered under PPSA — Demand letter dated March 18, 2021 states total then outstanding of $2,492,201.05; also secured by personal guarantees from Sukhdesh Parmar, Ranbir Takhar, and their respective spouses (Amarjeet Takhar, Santosh Parmar) - related individuals, not companies. Bank stated to be the only party with a registered PPSA security interest against Stratford. — debtor: Stratford Petroleum Inc. · as of 18 Mar 2021	$2.49M	Application 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.

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Documents2 filings

Date	Document	File
20 Jul 2021	Receivership Order Applicant Bank of Montreal Appointee Rosen Goldberg Inc. Appointee role receiver Commencement date 9 July 2021 + 3 more extracted facts	PDF · Subscribers

1 May 2019	Application Record Applicant BANK OF MONTREAL Court SUPERIOR COURT OF JUSTICE Court file no CV-21-00664301-00CL Financial position Subscribers + 3 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., “Stratford Petroleum Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/stratford-petroleum-inc