British Columbia · Receivership (court-appointed)
Receivership Order
Receivership order · 11 April 2025
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing11 verified
- applicantCMLS Financial Ltd.
- appointeeErnst & Young Inc.
- appointee roleReceiver and manager (Receiver)
- courtSupreme Court of British Columbia
- court file noH230146
- debtor names1034786 B.C. Ltd. (formerly Inspira Development (Insignia) Ltd.)
- statutory basisSection 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3 and Section 39 of the Law and Equity Act, R.S.B.C. 1996 c. 253
- stay grantedtrue
- order date11 April 2025
- chargesReceiver's Charge; Receiver's Borrowings Charge
- presiding officerJustice Hughes