Ontario · Receivership (court-appointed)
Notice of the Receiver - October 17, 2026
Notice of receiver (s. 245 / Form 87) · 17 October 2026
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 filing53 verified
- financial positionnote: Assets side only; no total liabilities stated. Appendix A other-creditor list totals $739,820.95 (document's stated total; includes several $1 placeholder entries); reported secured indebtedness totals $5,196,940 per the Receiver (principal only, includes $1 TD placeholder). · page: 1 · as at: 2026-08-31 · basis: Net book values derived from an unaudited internal balance sheet as at August 31, 2026. The Receiver has not audited, reviewed or otherwise verified the accuracy or completeness of this information, and the net book values are not necessarily indicative of the amounts that may be realized from the Property. · scope: Entity-level: InKan Limited only; Property described in the Receiver's notice (cash 342,425; accounts receivable 1,449,436; inventory 1,447,804; prepayments and benefit debit balance 121,603; HST receivable 41,527; other debit balances - audit fee accrual 6,500; PP&E 2,091,168; investment in Brampton Golf Club 1). · currency: CAD · total assets: 5500464
- secured creditorsnote: Amount reported as owed by the Debtor; principal only, excludes accrued and accruing interest, costs and other charges, subject to change. Receiver has not obtained an independent legal opinion on validity/enforceability of security and makes no acknowledgement of validity, enforceability or quantum. HD Newco is the Applicant that obtained the receivership order. · page: 2 · amount: 2196939 · debtor: InKan Limited · creditor: HD Newco Limited · currency: CAD
- secured creditorsnote: Placeholder amount of $1: the amount owing in respect of the Debtor's credit card facility has not yet been confirmed. Security validity/enforceability not yet opined on by the Receiver. · page: 2 · amount: 1 · debtor: InKan Limited · creditor: The Toronto-Dominion Bank · currency: CAD
- secured creditorsnote: Amount reported as owed; principal only, excludes interest, costs and other charges, subject to change. Security validity/enforceability not yet opined on by the Receiver; no acknowledgement of quantum. Name suggests a related-party/affiliate creditor, but the document does not say so. · page: 2 · amount: 3000000 · debtor: InKan Limited · creditor: Inkan Corporate Group Ltd. · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 26218.97 · debtor: InKan Limited · creditor: ASSA ABLOY of Canada Ltd · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 17875.39 · debtor: InKan Limited · creditor: Sunlife Assuarance Company of Canada · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 13052.31 · debtor: InKan Limited · creditor: CY Glass Inc. · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 8920.2 · debtor: InKan Limited · creditor: ETR - 407 Express Toll Route · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 8322.92 · debtor: InKan Limited · creditor: GS CNC Solutions Ltd. · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 7511.45 · debtor: InKan Limited · creditor: Metro Truck Hino Inc. · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 7302.36 · debtor: InKan Limited · creditor: Grey Goat Supply Ltd. · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 5637.22 · debtor: InKan Limited · creditor: Convenience Group Inc. · currency: CAD
- unsecured creditorsnote: Municipal entity; document does not state whether any portion is preferred. · page: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 4254.35 · debtor: InKan Limited · creditor: Region of Peel · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 4136.6 · debtor: InKan Limited · creditor: Air Liquide Canada Inc. · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 3878.77 · debtor: InKan Limited · creditor: Waste Connections of Canada Inc. · currency: CAD
- unsecured creditorsnote: Currency not stated for this US-based creditor; shown as CAD per the schedule's context. · page: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 4374.69 · debtor: InKan Limited · creditor: Fenzi AGT USA LLC · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 3341.07 · debtor: InKan Limited · creditor: Clark Industrial Wholesale · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 3297.91 · debtor: InKan Limited · creditor: Mac-Air Compressor Ltd. · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 2926.18 · debtor: InKan Limited · creditor: Polymershapes Distribution Canada Inc · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 2219.77 · debtor: InKan Limited · creditor: Scott Forest Products ltd. · currency: CAD
- unsecured creditorsnote: Currency not stated for this US-based creditor; shown as CAD per the schedule's context. · page: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 2001.23 · debtor: InKan Limited · creditor: Dormakaba USA Inc · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 2238.64 · debtor: InKan Limited · creditor: Linde Canada Inc. · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 2117.55 · debtor: InKan Limited · creditor: Richelieu Hardware Ltd. · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 1336.94 · debtor: InKan Limited · creditor: Arelli Inc. · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 1354.18 · debtor: InKan Limited · creditor: Rogers Wireless · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 1350 · debtor: InKan Limited · creditor: Priority1 Canada Inc. · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 1192.43 · debtor: InKan Limited · creditor: Accuscreen Supplies Inc. · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 1101.8 · debtor: InKan Limited · creditor: Staples Professional · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 1097.72 · debtor: InKan Limited · creditor: Abell Pest Control Inc. · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 920.51 · debtor: InKan Limited · creditor: Federal Express Canada Corporation · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 791 · debtor: InKan Limited · creditor: Combi-Fab Products Ltd. · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 670.5 · debtor: InKan Limited · creditor: Willson International Limited · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 623.2 · debtor: InKan Limited · creditor: Protection Plus Inc · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 552.38 · debtor: InKan Limited · creditor: ONE Reimer Advantage Inc. · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 546.7 · debtor: InKan Limited · creditor: Cintas Canada Limited · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 403.15 · debtor: InKan Limited · creditor: Marc Prevost Machinery Inc. · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 385.83 · debtor: InKan Limited · creditor: Uline Canada Corporation · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 313.36 · debtor: InKan Limited · creditor: Quench Canada, Inc. · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 300.58 · debtor: InKan Limited · creditor: AB Superabrasive Tools Inc. · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 271.2 · debtor: InKan Limited · creditor: Paura & Associates Inc. · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 254.39 · debtor: InKan Limited · creditor: Wayne Safety Inc. · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 236.17 · debtor: InKan Limited · creditor: National Time Equipment Co.Ltd · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 174.02 · debtor: InKan Limited · creditor: All Team Glass & Mirror · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 159.33 · debtor: InKan Limited · creditor: All Custom Gasket And Materials Limited · currency: CAD
- unsecured creditorsnote: Placeholder $1 amount; actual amount not stated. Tax authority (potential deemed-trust class), but the document does not characterize it. · page: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 1 · debtor: InKan Limited · creditor: CRA-Tax-Ontario · currency: CAD
- unsecured creditorsnote: Placeholder $1 amount; actual amount not stated. · page: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 1 · debtor: InKan Limited · creditor: Ministry of Finance-ON PST, EHT & Other Taxes · currency: CAD
- unsecured creditorsnote: Placeholder $1 amount; actual amount not stated. · page: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 1 · debtor: InKan Limited · creditor: Pallett Valo LLP · currency: CAD
- unsecured creditorsnote: Placeholder $1 amount; actual amount not stated. · page: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 1 · debtor: InKan Limited · creditor: Vesuvius Canada Inc · currency: CAD
- unsecured creditorsnote: Placeholder $1 amount; actual amount not stated. · page: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 1 · debtor: InKan Limited · creditor: Workplace Safety and Insurance Board · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 66.88 · debtor: InKan Limited · creditor: Purolator Inc. · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 516975 · debtor: InKan Limited · creditor: Corpon Holdings Inc. · currency: CAD
- unsecured creditorsnote: Currency not stated for this US-based creditor; shown as CAD per the schedule's C$ context. · page: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 41227.42 · debtor: InKan Limited · creditor: Kuraray America, Inc. · currency: CAD
- unsecured creditorspage: 4 · basis: Appendix A list of other creditors, based on the Debtor's books and records; subject to change · amount: 37883.68 · debtor: InKan Limited · creditor: C.R. Laurence of Canada Ltd · currency: CAD