The court appointed MNP Ltd. as receiver and manager, on the application of ROYAL BANK OF CANADA. Court file CV-26-00095205-0000.
Source: Appointing Order
VT Controls Ltd. and BAS Electrical Installations Inc. have been in court-appointed receivership since July 16, 2026, when the Ontario Superior Court of Justice granted an interim order on the application of Royal Bank of Canada under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. MNP Ltd. acts as receiver and manager of the two companies. The proceeding is active and carries Ontario court file number CV-26-00095205-0000.
The court appointed MNP Ltd. as receiver and manager, on the application of ROYAL BANK OF CANADA. Court file CV-26-00095205-0000.
Source: Appointing Order
Interim order granted on Royal Bank of Canada's application, commencing the receivership of both companies with MNP Ltd. as receiver and manager.
Source: Appointing Order
Debtor
VT Controls Ltd. and BAS Electrical Installations Inc.
Receiver
MNP
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantRoyal Bank of Canada | Harrison Pensa LLP | 16 Jul 2026 | Order · 16 Jul 2026 |
| Date | Document | File |
|---|---|---|
Appointing Order
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “VT Controls Ltd. and BAS Electrical Installations Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/vt-controls-ltd-and-bas-electrical-installations-inc
Sources last checked · summary updated 17 September 2026 · Report a correction · Printed from proceedings.ca/case/vt-controls-ltd-and-bas-electrical-installations-inc
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.