Alberta · Receivership (court-appointed)
Affidavit of Bhaskar Kakkar, sworn November 13, 2025;
Affidavit · 13 November 2025
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 filing4 verified
- secured creditorsnote: Also guaranteed by Steven James Frances Gratto (personal guarantee, limited to $800,000), 2490506 Alberta Ltd. and 1840648 Alberta Ltd. (unlimited corporate guarantees, related parties); demand and NITES issued September 23, 2025 · page: 2 · as of: 2025-11-12 · amount: 2882926.18 · debtor: Regent Aircraft Services Inc. · creditor: ATB Financial · currency: CAD · security: General Security Agreement dated November 12, 2024 over all present and after-acquired personal property, including accounts receivable
- secured creditorsnote: Per ATB commitment letter (Oct 28, 2024): HASCAP loan at low interest rate, not to be paid out; RBC's security interest and that of other creditors to be postponed and subordinated to ATB · page: 13 · debtor: Regent Aircraft Services Inc. · creditor: Royal Bank of Canada · currency: CAD · security: HASCAP loan; operating account/registrations
- secured creditorsnote: Loan reducing, not to be paid out at this time; to be paid from normal monthly payments · page: 18 · debtor: Regent Aircraft Services Inc. · creditor: Business Development Bank of Canada (BDC) · currency: CAD · security: BDC loan
- secured creditorsnote: Components per ATB commitment letter: Blue Chip Leasing Corporation; Bodkin, a division of Bennington Financial Corp.; Vault Credit Corporation; Meridian One Cap Credit Corp.; CWB National Leasing Inc.; Polaris Leasing Ltd. · page: 19 · debtor: Regent Aircraft Services Inc. · creditor: PPSA equipment financiers (PMSI class) · currency: CAD · security: Specific equipment/leasing registrations