British Columbia · CCAA
Affidavit #1 of Gurdeep Singh Kainth with Exhibits made June 4, 2026
Affidavit · 4 June 2026
What we verified from this filing19 verified
- financial positionnote: Equity per 2025 Financial Statements totalling $11,576,652 (page 10); total liabilities not stated as a single aggregate figure in the affidavit — liabilities described only as comprised primarily of the KingSett Credit Facility, shareholder loans, and accounts payable/accrued liabilities. · page: 9 · as at: 2025-12-31 · basis: unaudited (2025 Financial Statements, per Exhibits "I"-"M") · scope: Petitioners collectively (Symphony Homes (Moonlight Sonata) Limited, 1168386 B.C. Ltd., 1197030 B.C. Ltd., 1197062 B.C. Ltd., 663466 B.C. Ltd.) · currency: CAD · total assets: 48055168
- secured creditorsnote: Claimed/demanded amount per KingSett Demand issued May 4, 2026, declaring entire principal and accrued interest/fees/expenses/costs due; NOI to enforce security under BIA s.244 enclosed; KingSett has since brought a competing CCAA petition. Personal guarantees from Gurdeep Kainth and Gurmel Kainth; related-party guarantee from 663466 B.C. Ltd. · page: 11 · as of: 2026-04-27 · amount: 59121710.51 · debtor: Symphony Homes (Moonlight Sonata) Limited, 1168386 B.C. Ltd., 1197030 B.C. Ltd., 1197062 B.C. Ltd. (Borrowers) · creditor: KingSett Mortgage Corporation · currency: CAD · security: Mortgage and assignment of rents, registered principal $105,000,000, over Real Property (3588 Wayburne Drive, Burnaby); beneficial direction and charge agreement; general security agreements from Borrowers and Guarantors; share/unit pledge agreements; second-ranking mortgage (behind TD Bank), registered principal $2,750,000, over Collateral Lands (416 East Columbia St, New Westminster) securing 663466 B.C. Ltd.'s obligations. Committed facility principal: $95,300,000 (Facility 1: $75,100,000; Facility 2: $20,200,000).
- secured creditorsnote: Affidavit states Moonlight has one other secured creditor with all-property registration; creditor name not disclosed in document · page: 12 · debtor: Symphony Homes (Moonlight Sonata) Limited · creditor: Unnamed secured creditor (blanket all-property registration) · currency: CAD · security: Blanket security registration against all present and after-acquired property, registered in BC PPR
- secured creditorsnote: PPSA equipment financier (PMSI class); creditor unnamed · page: 12 · debtor: 663466 B.C. Ltd. · creditor: Unnamed secured creditor (vehicle lease) · currency: CAD · security: Vehicle lease registered in BC personal property registry
- secured creditorsnote: Also registered a certificate of pending litigation on title · page: 12 · as of: 2025-10-08 · amount: 132574.47 · debtor: Symphony Homes (Moonlight Sonata) Limited · creditor: JRG Building Engineering Inc. · currency: CAD · security: Builder's lien registered against title to Real Property (Reg. No. CB2386497)
- secured creditorsnote: KingSett holds a second-ranking mortgage (subordinate to TD Bank) of $2,750,000 over the same Collateral Lands · page: 12 · debtor: 663466 B.C. Ltd. ("466") · creditor: Toronto-Dominion Bank (TD Bank) · currency: CAD · security: Mortgage and assignment of rents, registered principal amount $1,000,000, over lands at 416 East Columbia Street, New Westminster, BC (PID 001-069-551) ("Collateral Lands")
- secured creditorspage: 13 · as of: 2026-03-18 · amount: 42457.28 · debtor: Symphony Homes (Moonlight Sonata) Limited · creditor: Active Doors & Moulding Ltd. · currency: CAD · security: Builder's lien registered against title to Real Property (Reg. No. HB20962)
- secured creditorspage: 13 · as of: 2026-03-30 · amount: 134000 · debtor: Symphony Homes (Moonlight Sonata) Limited · creditor: Dag Masonry Ltd. · currency: CAD · security: Builder's lien registered against title to Real Property (Reg. No. CB2705912)
- secured creditorspage: 13 · as of: 2026-03-31 · amount: 23835 · debtor: Symphony Homes (Moonlight Sonata) Limited · creditor: Acme Rock & Soil Blowers Ltd. · currency: CAD · security: Builder's lien registered against title to Real Property (Reg. No. CB2709841)
- secured creditorspage: 13 · as of: 2026-04-17 · amount: 169155 · debtor: Symphony Homes (Moonlight Sonata) Limited · creditor: Imperial Exterior Enterprise Inc. · currency: CAD · security: Builder's lien registered against title to Real Property (Reg. No. CB2740018)
- secured creditorspage: 13 · as of: 2026-04-20 · amount: 442499.47 · debtor: Symphony Homes (Moonlight Sonata) Limited · creditor: Standard Building Supplies Ltd. · currency: CAD · security: Builder's lien registered against title to Real Property (Reg. No. CB2742575)
- secured creditorspage: 13 · as of: 2026-05-13 · amount: 305924.06 · debtor: Symphony Homes (Moonlight Sonata) Limited · creditor: Mountainview Construction Ltd. · currency: CAD · security: Builder's lien registered against title to Real Property (Reg. No. CB2791667)
- secured creditorspage: 13 · as of: 2026-05-14 · amount: 109097.85 · debtor: Symphony Homes (Moonlight Sonata) Limited · creditor: TTF Scaffolding Inc. · currency: CAD · security: Builder's lien registered against title to Real Property (Reg. No. CB2795312)
- secured creditorsnote: Also registered a certificate of pending litigation on title · page: 13 · as of: 2026-03-10 · amount: 41572.18 · debtor: Symphony Homes (Moonlight Sonata) Limited · creditor: Heidelberg Materials Canada Limited · currency: CAD · security: Builder's lien registered against title to Real Property (Reg. No. CB2668181)
- secured creditorspage: 13 · as of: 2025-10-09 · amount: 134550.07 · debtor: Symphony Homes (Moonlight Sonata) Limited · creditor: Leavitt Cranes Canada Inc. · currency: CAD · security: Builder's lien registered against title to Real Property (Reg. No. CB2388274)
- secured creditorspage: 13 · as of: 2026-01-19 · amount: 4255.54 · debtor: Symphony Homes (Moonlight Sonata) Limited · creditor: Boxx Modular GP Inc. · currency: CAD · security: Builder's lien registered against title to Real Property (Reg. No. CB2573922)
- secured creditorsnote: Also registered a certificate of pending litigation on title · page: 13 · as of: 2026-01-20 · amount: 161548.87 · debtor: Symphony Homes (Moonlight Sonata) Limited · creditor: Doka Canada Ltd./Ltee · currency: CAD · security: Builder's lien registered against title to Real Property (Reg. No. CB2577337)
- secured creditorspage: 13 · as of: 2026-04-24 · amount: 128591.16 · debtor: Symphony Homes (Moonlight Sonata) Limited · creditor: Cooper Equipment Rentals Limited · currency: CAD · security: Builder's lien registered against title to Real Property (Reg. No. CB2753458)
- secured creditorspage: 13 · as of: 2026-03-12 · amount: 830833.22 · debtor: Symphony Homes (Moonlight Sonata) Limited · creditor: Sandpiper Contracting LLP · currency: CAD · security: Builder's lien registered against title to Real Property (Reg. No. CB2672071)