Ontario · Receivership (court-appointed)
First Report of the Receiver
Court officer report · 5 August 2025
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What we verified from this filing13 verified
- applicantROYAL BANK OF CANADA
- courtSUPERIOR COURT OF JUSTICE (IN BANKRUPTCY AND INSOLVENCY)
- court file noCV-25-00001449-0000
- provinceONTARIO
- 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
- appointeeThe Fuller Landau Group Inc.
- appointee rolereceiver
- commencement date11 April 2025
- secured creditorsnote: Applicant/moving secured creditor; no outstanding balance stated in these pages · page: 3 · debtor: 2181108 Ontario Inc., 2499941 Ontario Inc., 2839429 Ontario Inc. · creditor: Royal Bank of Canada · currency: CAD · security: General Security Agreements (2181108, 2499941); charge registered against Real Property (2839429); Master Lease for four pieces of equipment (2499941)
- secured creditorsnote: Referred to as second and third mortgagees collectively represented by counsel Mr. Amandeep Kapila; identity/amount not stated · page: 5 · debtor: 2839429 Ontario Inc. · creditor: Third mortgagee of Real Property (unnamed) · currency: CAD · security: Charge registered against the Real Property, subsequent in time to RBC's registration
- secured creditorsnote: Notice of Sale under Charge/Mortgage issued; second mortgagee · page: 7 · as of: December 12, 2024 (Notice of Sale under Charge/Mortgage) · debtor: 2839429 Ontario Inc. · creditor: 2794395 Ontario Corp. · currency: CAD · security: Charge registered against the Real Property, subsequent in time to RBC's registration
- unsecured creditorsnote: Approximate figure (~$12,600) per proof of claim; CRA does not appear to claim a deemed trust in respect of this amount · page: 8 · as of: proof of claim · basis: Proof of claim filed by CRA re outstanding HST · amount: 12600 · debtor: 2839429 Ontario Inc. · creditor: Canada Revenue Agency (HST) - 2839429 Ontario Inc. · currency: CAD
- unsecured creditorsnote: Approximate figure (~$19,700) per proof of claim; CRA does not appear to claim a deemed trust in respect of this amount · page: 8 · as of: proof of claim · basis: Proof of claim filed by CRA re outstanding HST · amount: 19700 · debtor: 2499941 Ontario Inc. · creditor: Canada Revenue Agency (HST) - 2499941 Ontario Inc. · currency: CAD