Proceedings.

Tenor Development by Time Developments Ltd., Receivership

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Proceeding
Receivership (court-appointed)sections 13(2) of the Judicature Act, R.S.A. 2000, c.J-2, 99(a) of the Business Corporations Act, R.S.A. 2000, c.B-9, and 65(7) of the Personal Property Security Act, R.S.A. 2000, c.P-7
File
1003 02670
Filings held1
Last activity19 Feb 2010
On the record6,058 days
OverviewSummary updated

Time Developments Ltd. has been under court-appointed receivership in Alberta since February 19, 2010, when Deloitte & Touche Inc. was appointed Receiver and Manager on the application of Canadian Western Bank, the first mortgagee. The order was granted by the Court of Queen's Bench of Alberta under section 13(2) of the Judicature Act, section 99(a) of the Business Corporations Act and section 65(7) of the Personal Property Security Act, in Court File No. 1003 02670. Notice of the application was given to Bancorp Growth Mortgage Fund Ltd., the second mortgagee. The receivership remains active.

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Case updates2 dated entries
#Order

Court of Queen's Bench of Alberta appointed Deloitte & Touche Inc. Receiver and Manager of Time Developments Ltd. on first mortgagee Canadian Western Bank's application.

Source: Court Order

#Order

Interim order granted, opening the receivership in the Alberta court under file 1003 02670 and fixing 19 February 2010 as the commencement date.

Source: Court Order

Parties

Debtor

Tenor Development by Time Developments Ltd., Receivership

Receiver

Deloitte

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredCanadian Western Bank · in 80 casesFirst mortgagee (plaintiff seeking receivership); security referenced but no amount stated — Applicant/first mortgagee; amount not stated in this order — debtor: Time Developments Ltd.Court Order

“not stated” means the record names the claim without a figure; “” means not in the extracted 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.

1 more claim across lower-ranking classesSubscribe to view
Documents1 filing
DateDocumentFile
Court Order
  • Applicant Canadian Western Bank
  • Appointee Deloitte & Touche Inc.
  • Appointee role Receiver and Manager
  • Commencement date 19 February 2010
  • + 7 more extracted facts
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CiteProceedings., “Tenor Development by Time Developments Ltd., Receivership” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/tenor-development-by-time-developments-ltd-receivership

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/tenor-development-by-time-developments-ltd-receivership

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.

Tenor Development by Time Developments Ltd. et al. — Receivership | Proceedings.