Ontario · Receivership (court-appointed)
First Court Report - Dhillon Companies, dated December 20, 2019
Court officer report · 20 December 2019
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: Prose approximation ('approximately $27 million'); senior secured lender · page: 5 · amount: 27000000 · debtor: The Companies (1254044 Ontario Limited, 2431264 Ontario Inc., 2189788 Ontario Inc., 1552838 Ontario Inc., 1786675 Ontario Limited, 2034039 Ontario Inc., 2660556 Ontario Limited, 2541899 Ontario Limited, 2542372 Ontario Inc.) · creditor: Bank of Montreal · currency: CAD · security: Mortgages over the Real Properties together with General Security Agreements from each of the Companies