Tartan Controls Inc
- Proceeding
- Receivership (court-appointed)section 49 of the Bankruptcy and Insolvency Act
- File
- 1603 16074
- Industry
- Energy · Oilfield services
Tartan Controls Inc. has been in court-appointed receivership since September 28, 2016, brought under s. 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act jurisdiction in the Court of King's Bench of Alberta. The proceeding remains active. Creditor listings prepared as of December 16, 2016 on Form 78 show secured claims led by The Toronto Dominion Bank at $2,425,000, Essex Lease Financial Corporation at $462,000 and the Canada Revenue Agency at $138,057.26, with nominal $1.00 secured entries for HSBC Bank Canada, 916943 Alberta Ltd. and 927948 Alberta Ltd. The unsecured roll runs to several hundred trade, utility, hotel and professional accounts across Alberta, Saskatchewan and British Columbia, the largest being Lee Oilfield Service Ltd. at $166,388.20, Dreco Energy Services Ltd. Downhole Canada at $41,077.66 and Way-Loe Consulting Ltd. at $39,383.55.
Filed Application Seeking Final Distribution - July 13 2018 — Application / notice of application
The officer filed report no. Fourth Report. The Company's assets have been sold and operations wound down; the Receiver has completed most administrative duties and is now seeking approval of its accounts, payment of priority claims, and its own discharge along with the Trustee's continuing bankruptcy administration of TCI.
The officer filed report no. Third Report.
Source: Filed Third Report to the Court - Filed September 26, 2017
The court granted an approval and vesting order for the sale to Eastar Premium Pipe Inc. Closing terms, as extracted: Vesting effective upon delivery of the Receiver's Certificate confirming payment, satisfaction/waiver of closing conditions, and completion of the Transaction. Sealed: TCC Sale Agreement and the Receiver's Estimated Realization Analysis with respect to TCC Property.
Source: Sale Approval and Vesting Order - Tartan Controls Corp.
Order Authorizing the Sale of Assets (TCC) and Order Vacating Hearing was filed.
Source: Order Authorizing the Sale of Assets (TCC) and Order Vacating Hearing
The officer filed report no. Second Report. TCC did not continue to operate after the Receiver's appointment; the Receiver did not take possession of TCC's US assets but negotiated a sale of TCC assets to Eastar and pursued Chapter 15 recognition proceedings in the US.
Source: Receiver's Second Report
Application for an Order Approving the Sale and Vesting Order and Temporary Sealing Order (Tartan Controls Corp.) — Application / notice of application
Application for an Order Approving the Sale and Vesting Order was filed. Court file 1603 16074.
Source: Application for an Order Approving the Sale and Vesting Order
Certificate of Appointment was filed. Court file 24-2200490.
Source: Certificate of Appointment
A receivership order was granted, on the application of THE TORONTO DOMINION BANK. Court file 1603 16074.
Debtor
Tartan Controls Inc
Receiver
PwC
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 985 casesListed as secured creditor in Form 78 List B; deemed trust/statutory claim likely, document classifies as secured — debtor: Tartan Controls Inc. · as of 16 Dec 2016 | $138K | Creditor Package |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
173 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansThis 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.
Sale approved — The TCC Transaction is hereby approvedOrder Authorizing the Sale of Assets (TCC) and Order Vacating Hearing · 14 Feb 2017
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Eastar Premium Pipe Inc.all of the right, title and interest of TCC in and to the assets described therein ("Purchased Assets") · asset sale · nominee/assignee: its nominee · agreement 9 Feb 2017 | Subscribers | Approved14 Feb 2017 | Sale Approval and Vesting Order - Tartan… |
TD: shortfall.EstimatedReceiver's Second Report · 10 Feb 2017
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | TD | — | shortfall | Estimatedper the receiver | Receiver's Second Report · 10 Feb 2017 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
Cumulative receipts
$2.22M
As at 12 Jul 2018Filed Fourth Report to the Court Submitted by PwC
Cumulative disbursements
As at
Professional fees
As at
2 more reported figures
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
| Filed Affidavit of Receiver in support of account | PDF · Subscribers | |
| Filed Application Seeking Final Distribution - July 13 2018 | PDF · Subscribers | |
| Filed Application for An Order - filed Sept 26, 2017 | PDF · Subscribers | |
Filed Fourth Report to the Court Submitted by PwC
| PDF · Subscribers | |
Order - Filed Oct 3, 2017
| PDF · Subscribers | |
Filed Third Report to the Court - Filed September 26, 2017
| PDF · Subscribers | |
Order Authorizing the Sale of Assets (TCC) and Order Vacating Hearing
| PDF · Subscribers | |
Sale Approval and Vesting Order - Tartan Controls Corp.
| PDF · Subscribers | |
| Sale Approval and Vesting Order - Tartan Controls Inc. | PDF · Subscribers | |
| Application for an Order Approving the Sale and Vesting Order and Temporary Sealing Order (Tartan Controls Corp.) | PDF · Subscribers | |
Receiver's Second Report
| PDF · Subscribers | |
Application for an Order Approving the Sale and Vesting Order
| PDF · Subscribers | |
| Receiver's First Report | PDF · Subscribers | |
Certificate of Appointment
| PDF · Subscribers | |
Creditor Package
| PDF · Subscribers | |
| Tartan Information Package FINAL | PDF · Subscribers | |
| Tartan 245 246 Notice | PDF · Subscribers | |
Tartan Controls Receivership Order
| 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., “Tartan Controls Inc” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 5 November 2026, https://proceedings.ca/case/tartan-controls-inc