Ontario · Receivership (court-appointed)
Receiver's First Report
Court officer report · 2 September 2010
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 filing12 verified
- applicantONTARIO SECURITIES COMMISSION
- courtONTARIO SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
- court file noCV-10-8833-00CL
- provinceONTARIO
- appointeeBDO Canada Limited
- appointee roleReceiver and Manager
- commencement date5 August 2010
- statutory basisSection 129 of the Securities Act, R.S.O. c. S5
- operational summaryThe report focuses on the Receiver's efforts to recover investor funds from failed H.Y.R. and Winsome investments and proposes a creditor claims process; the Companies appear to have no ongoing business operations, having been placed into receivership amid securities fraud allegations.
- professional feesnote: Amount includes Harmonized Sales Tax (HST) · party: BDO Canada Limited (Receiver) · amount: 34336.92 · period: July 26, 2010 to September 2, 2010 · currency: CAD
- report date2 September 2010
- report noFirst Report