Manitoba · Receivership (court-appointed)

First Report of the Receiver dated November 16, 2023

Court officer report · 16 November 2023

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 filing1 verified

secured creditorsnote: Amount is the exact dated balance disclosed in the Application Materials, inclusive of interest and costs, with interest continuing to accrue thereafter at 2.45% per annum; total advances to May 26, 2023 were $20,561,138.10 (a lesser, non-current figure). · page: 5 · as of: 2023-08-18 · amount: 21677008.06 · debtor: Bokhari Development Inc. · creditor: Peoples Trust Company · currency: CAD · security: First-ranking mortgage against the Property (1801-1825 Park Drive, Portage la Prairie, MB); construction loan commitment letter dated July 2, 2021 with facility limit of up to $32,815,800.00