#Order
The court appointed msi Spergel inc. as receiver and manager, on the application of Royal Bank of Canada. Court file CV-24-00003737-0000.
Source: Court Order of the Honourable Justice Kurz dated October 22, 2024
Suhanna Freight Services Inc., 2815872 Ontario Inc. and 2826466 Ontario Inc.
FollowActive
- 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")
- File
- CV-24-00003737-0000
OverviewSummary updated
Suhanna Freight Services Inc., together with affiliates 2815872 Ontario Inc. and 2826466 Ontario Inc., faces enforcement by Royal Bank of Canada under general security agreements dated February 6, 2023 covering all three entities' personal property. RBC issued Notices of Intention to Enforce Security under section 244 of the BIA against each entity on February 27, 2024.
The notices report inconsistent totals for the amount secured under 2826466 Ontario Inc.'s GSA: one states $1,007,466.29, including $554,457.80 owed under its guarantee of Suhanna's debts, while another states the secured total as $554,457.80 with no breakdown. Four individual guarantors - Randeep Mann, Vibhu Annaswamy, Onkar Bagga and Surinder Ghumman - have brought a separate action, CV-24-00001325-0000, disputing their guarantees as void ab initio and pleading in the alternative liability for RBC's stated total indebtedness of $1,235,842.37.
Proceedings AIAsk this case — answers cite the filings
Case updates7 dated entries
4 earlier updates, back to 22 October 2024 — subscribers.
Parties
Debtor
Suhanna Freight Services Inc., 2815872 Ontario Inc. and 2826466 Ontario Inc.
Receiver
msi Spergel inc.
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Kurz | Ontario Superior Court of Justice | 2 orders, Oct 2024 | 4 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantRoyal Bank of Canada | Fogler, Rubinoff LLP | 22 Oct 2024 | Order · 22 Oct 2024 |
| CreditorRoyal Bank of Canada | Fogler, Rubinoff LLP | 21 Oct 2024 | Factum · 21 Oct 2024 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Royal Bank of Canada · in 556 casesGeneral Security Agreement dated February 6, 2023 over all personal property (inventory, equipment, machinery, fixtures, book debts, contractual rights, monies, chattel paper, IP, goodwill) of Suhanna Freight Services Inc. — Two Notices of Intention to Enforce Security (s.244 BIA), both dated Feb 27, 2024, state the same total secured by this GSA but with different breakdowns: one (original p.61) states the total includes $453,008.49 as guarantor of 2815872 Ontario Inc.'s Term Loan debts and does not include USD$18.29; the other (original p.64) states the total includes $554,457.80 as primary · as of 26 Feb 2024 | $1.01M | Application Record of Royal Bank of Canada dated September 30, 2024 - Part 4 |
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.
Documents7 filings
| Date | Document | File |
|---|---|---|
Court Order of the Honourable Justice Kurz dated October 22, 2024
| PDF · Subscribers | |
Endorsement of the Honourable Justice Kurz dated October 22, 2024
| PDF · Subscribers | |
Factum of Royal Bank of Canada dated October 21, 2024
| PDF · Subscribers | |
| Application Record of Royal Bank of Canada dated September 30, 2024 - Part 1 | PDF · Subscribers | |
| Application Record of Royal Bank of Canada dated September 30, 2024 - Part 2 | PDF · Subscribers | |
| Application Record of Royal Bank of Canada dated September 30, 2024 - Part 3 | PDF · Subscribers | |
Application Record of Royal Bank of Canada dated September 30, 2024 - Part 4
| 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., “Suhanna Freight Services Inc., 2815872 Ontario Inc. and 2826466 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/suhanna-freight-services-inc-2815872-ontario-inc-and-2826466-ontario-inc