Ontario · Receivership (court-appointed)
Application Record - dated July 30, 2026
Application / notice of application · 30 July 2026
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 filing10 verified · 1 withheld
- applicantNATIONAL BANK OF CANADA
- courtSUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
- court file noCL-26-00000333-0000
- appointeeBDO
- appointee roleReceiver
- statutory basissection 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended, and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended
- unsecured creditorsnote: Unadjudicated and disputed; see counterclaim of $98,725,259 filed February 10, 2026. Approximate figure as stated in the affidavit. · page: 26 · as of: 2026-01-07 · basis: Disputed litigation claim: damages of approximately $2.7 million owing to MLITSD sought in Statement of Claim dated January 7, 2026 · amount: 2700000 · debtor: Keel Digital Solutions Corp., Get A-Head Inc. and other individual defendants · creditor: His Majesty the King in Right of Ontario (MLITSD) · currency: CAD
- unsecured creditorsnote: Unadjudicated and disputed; Keel and GAH filed a Statement of Defence and Counterclaim on February 10, 2026 for $98,725,259. The Crown also seeks a declaration entitling it to trace funds. Approximate figure as stated in the affidavit. · page: 26 · as of: 2026-01-07 · basis: Disputed litigation claim: damages of approximately $22.5 million owing to MCURES sought in Statement of Claim (Court File CV-26-00000176-0000) dated January 7, 2026 · amount: 22500000 · debtor: Keel Digital Solutions Corp., Get A-Head Inc. and other individual defendants · creditor: His Majesty the King in Right of Ontario (MCURES) · currency: CAD
- secured creditorsnote: Amount is the total Indebtedness as of the June 25, 2026 demand date, plus interest accruing thereafter and costs including legal fees. First-ranking per PPSA searches: no registrations against Keel prior in time to the Bank. The affidavit's facility maximums differ from the original August 31, 2023 Offer of Financing in Exhibit F ($1,400,000 / $4,550,000 / $1,000,000), which was amended March 26, 2024 and September 2, 2025. · page: 29 · as of: 2026-06-25 · amount: 4556190.75 · debtor: Keel Digital Solutions Corp., Get A-Head Inc. (borrowers/guarantors); Amerimind AI Ltd. (guarantor) · creditor: National Bank of Canada · currency: CAD · security: General Security Agreements dated August 31, 2023 over all property of Keel and GAH (Borrower GSAs); Ontario-law and New York-law GSAs from Amerimind (securing the unlimited Amerimind Guarantee); unlimited cross-guarantees from Keel and GAH; PPSA registrations (Ontario) against Keel, GAH and Amerimind on August 24, 2023 over all classes except consumer goods; UCC registration (Delaware) against Amerimind on September 1, 2023. Facilities per the affidavit: revolving operating term loan max $2,000,000, non-revolving term loan max $2,753,750, global net risk line max $1,000,000 (these are facility limits, not balances), plus MasterCard accounts.
- secured creditorsnote: Only other PPSA registration against Keel; amount not stated in the affidavit. · page: 29 · debtor: Keel Digital Solutions Corp. · creditor: Hyundai Capital Lease Inc. · currency: CAD · security: PPSA registration over a specific motor vehicle only
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.