Ontario · Receivership (court-appointed)
Application Record
Application / notice of application · 1 May 2019
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What we verified from this filing6 verified · 1 withheld
- applicantBANK OF MONTREAL
- courtSUPERIOR COURT OF JUSTICE
- court file noCV-21-00664301-00CL
- statutory basisSection 243 of the Bankruptcy and Insolvency Act, R.S.C 1985, c. B-3, and Section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43
- secured creditorsnote: Not a lender; registered leasehold interest holder whose priority was postponed (subordinated) to BMO's mortgage. Included per registration record, not as an ordinary secured creditor with a stated balance. · page: 20 · debtor: Stratford Petroleum Inc. · creditor: Parkland Fuel Corporation · currency: CAD · security: Notice of lease registered as instrument no. PC150361/PC154148, originally in priority to the Mortgage but postponed to BMO's charge by postponement registered May 30, 2019 (instrument no. PC168471)
- secured creditorsnote: Demand letter dated March 18, 2021 states total then outstanding of $2,492,201.05; also secured by personal guarantees from Sukhdesh Parmar, Ranbir Takhar, and their respective spouses (Amarjeet Takhar, Santosh Parmar) - related individuals, not companies. Bank stated to be the only party with a registered PPSA security interest against Stratford. · page: 23 · as of: 2021-03-18 · amount: 2492201.05 · debtor: Stratford Petroleum Inc. · creditor: Bank of Montreal · currency: CAD · security: Demand mortgage (instrument no. PC168466) registered principal $2,497,500; General Security Agreement dated May 29, 2019 registered under PPSA
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.