Ontario · Receivership (court-appointed)
245 and 246 Report.Aug 18 2025
Notice of receiver (s. 245 / Form 87) · 18 August 2025
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What we verified from this filing9 verified
- appointeeThe Fuller Landau Group Inc.
- appointee rolereceiver
- commencement date5 August 2025
- court file noCV-25-00002630-0000
- secured creditorsnote: Registered principal amount, not a stated outstanding balance. No security opinion/review completed by Receiver's counsel as of notice date. · page: 1 · as of: 2023-08-22 · debtor: 1000599184 Ontario Inc. · creditor: Business Development Bank of Canada (BDC) · currency: CAD · security: First-priority mortgage on the Real Property, registered principal amount of $7.5 million
- secured creditorsnote: Registered principal amount, not a stated outstanding balance. No security opinion/review completed by Receiver's counsel as of notice date. · page: 1 · as of: 2023-11-03 · debtor: 1000599184 Ontario Inc. · creditor: Jagjit Singh and Harbhinder Kahlon · currency: CAD · security: 2nd-priority mortgage on the Real Property, registered principal amount of $485,000, Instrument No. PR4269785
- secured creditorsnote: Registered principal amount, not a stated outstanding balance; may involve related party (Jagjit Singh named in both 2nd and 3rd priority mortgages). No security opinion/review completed by Receiver's counsel as of notice date. · page: 1 · as of: 2024-08-16 · debtor: 1000599184 Ontario Inc. · creditor: Bovaird Properties in favour of Jagjit Singh · currency: CAD · security: 3rd-priority mortgage on the Real Property, registered principal amount of $175,000, Instrument No. PR4355791
- statutory basisSubsection 245(1) and 246(1) of the Act
- financial positionnote: Receiver has not been advised by the Company's shareholders or Directors of unsecured creditors; no books, records or bank accounts have been provided to the Receiver as of the notice date (August 18, 2025). · page: 2 · basis: not stated · scope: 1000599184 Ontario Inc. · currency: CAD