Ontario · Receivership (court-appointed)
245 Notice and Statement of Receiver
Notice of receiver (s. 245 / Form 87) · 4 November 2025
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What we verified from this filing13 verified
- appointeeMNP Ltd.
- appointee rolereceiver
- commencement date17 October 2025
- courtOntario Superior Court of Justice
- secured creditorsnote: Amount described as 'estimated amount owed' with no specific valuation date stated. · page: 1 · amount: 2414000 · debtor: 1372360 Ontario Inc. · creditor: Royal Bank of Canada · currency: CAD · security: Security on Real Property at 251-253 Colborne Street, Brantford, ON
- secured creditorsnote: Amount stated as 'unknown' by the Receiver; likely municipal tax lien. · page: 1 · debtor: 1372360 Ontario Inc. · creditor: Corporation of the City of Brantford · currency: CAD · security: Security on Real Property at 251-253 Colborne Street, Brantford, ON
- secured creditorsnote: Same amount also listed as an 'Unsecured claim' for this creditor on the Creditor List (page 3); document does not explain the duplication/bifurcation. · page: 1 · amount: 1057000 · debtor: 1372360 Ontario Inc. · creditor: Gang Lu and Xiumin Gu · currency: CAD · security: Security on Real Property at 251-253 Colborne Street, Brantford, ON
- secured creditorsnote: Same amount also listed as an 'Unsecured claim' for this creditor on the Creditor List (page 3); document does not explain the duplication/bifurcation. · page: 1 · amount: 420000 · debtor: 1372360 Ontario Inc. · creditor: Libertas Financial Management Inc. · currency: CAD · security: Security on Real Property at 251-253 Colborne Street, Brantford, ON
- statutory basisSubsection 245 & 246 (1) of the Bankruptcy and Insolvency Act
- unsecured creditorsnote: Same creditor and amount also listed as secured on page 1; document does not clarify whether this is a duplicate entry or a bifurcated claim. · page: 3 · basis: Creditor List attached to Receiver's Notice and Statement (page 3) · amount: 420000 · debtor: 1372360 Ontario Inc. · creditor: Libertas Financial Management Inc. · currency: CAD
- unsecured creditorsnote: Same creditor and amount also listed as secured on page 1; document does not clarify whether this is a duplicate entry or a bifurcated claim. · page: 3 · basis: Creditor List attached to Receiver's Notice and Statement (page 3) · amount: 1057000 · debtor: 1372360 Ontario Inc. · creditor: Gang Lu and Xiumin Gu · currency: CAD
- unsecured creditorsnote: Amount stated as 'unknown'; this creditor is also listed as a secured creditor on page 1, indicating possible bifurcation of secured/unsecured portions of its claim. · page: 3 · basis: Creditor List attached to Receiver's Notice and Statement (page 3) · debtor: 1372360 Ontario Inc. · creditor: Corporation of the City of Brantford · currency: CAD
- unsecured creditorsnote: Amount stated as 'unknown'; CRA claim is a deemed-trust class quasi-governmental claim. · page: 3 · basis: Creditor List attached to Receiver's Notice and Statement (page 3) · debtor: 1372360 Ontario Inc. · creditor: Canada Revenue Agency · currency: CAD