Ontario · Receivership (court-appointed)
Motion Record of Receiver dated August 27, 2026 (Distribution and Discharge)
Application / notice of application · 27 August 2026
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What we verified from this filing3 verified
- secured creditorsnote: Distributed in full satisfaction of first charge upon closing of sale; original registered principal was $10 million VTB mortgage · page: 4 · as of: 2025-01-24 · amount: 11525940.16 · debtor: 253 Queen Street Inc. · creditor: Homedale-Eagle Corporation · currency: CAD · security: First-ranking charge over the Property; vendor take-back mortgage, registered principal $10 million
- secured creditorsnote: Paid in satisfaction of second charge upon closing, save and except for Sky's claim of an acceleration charge of $60,000.00, which the Receiver disputed/did not pay (disputed claim); personal guarantee from Mr. Tajbakhsh and corporate guarantee from Mixed-Use Development (Ontario) GP Inc. · page: 4 · as of: 2025-01-24 · amount: 2355243.02 · debtor: 253 Queen Street Inc. · creditor: Sky Mortgage Corporation · currency: CAD · security: Second-ranking charge over the Property; registered principal $2 million
- unsecured creditorsnote: On account of unremitted HST, penalties and interest; only claim received in the Claims Process; deemed-trust/regulatory-type quasi-governmental claim · page: 7 · as of: Claims Bar Date (August 7, 2026) · basis: Proof of claim filed in Claims Process prior to expiry of Claims Bar Date · amount: 71425.3 · debtor: 253 Queen Street Inc. · creditor: Canada Revenue Agency (CRA) - HST Claim · currency: CAD