British Columbia · Receivership (court-appointed)
Notice of Application
Application / notice of application · 12 June 2026
What we verified from this filing9 verified
- applicantMNP Ltd.
- appointeeMNP Ltd.
- appointee rolereceiver and manager
- courtIN THE SUPREME COURT OF BRITISH COLUMBIA
- court file noS-261930
- statutory basissection 243 of the Bankruptcy and Insolvency Act and section 39 of the Law and Equity Act
- secured creditorsnote: Classified as unsecured lease obligations by document, but secured equipment financings on specific machines: (i) tube bender machine, outstanding balance approx. $512,221 as at April 24, 2026 (original cost approx. $967,956); (ii) pipe forming and expanding machine, outstanding balance approx. $127,900 as at April 24, 2026 (original cost approx. $231,361). Document describes these as the Companies' 'primary unsecured liability' despite being equipment financings; Receiver later confirms certain Auction Assets are subject to RBC financing arrangements requiring discharge from sale proceeds. · page: 7 · as of: 2026-04-24 · debtor: Evo Tunes Inc. · creditor: Royal Bank of Canada (RBC) · currency: CAD · security: Equipment financing (PPSA equipment financiers class)
- secured creditorsnote: Long-term debt reported as approximately $2.7 million; BNS reported $1.16 million currently due as of the Receivership Order date · page: 7 · as of: Receivership Order date (2026-04-24) · amount: 1160000 · debtor: Heavin Holdings Inc. · creditor: Bank of Nova Scotia (BNS) · currency: CAD · security: Mortgage over the Maple Ridge Condo
- secured creditorsnote: Primary secured creditor; indebtedness plus interest, fees and other amounts accrued under various agreements · page: 7 · as of: 2026-02-04 · amount: 29633580.68 · debtor: Evo Industrial Ltd., 1318347 B.C. Ltd., Evo Tunes Inc., Heavin Holdings Inc., KPD Auto Group Ltd., Black Bandit Industries Inc. · creditor: Business Development Bank of Canada (BDC) · currency: CAD