Ontario · Receivership (court-appointed)
Application Record of the Applicant dated May 8, 2026
Application / notice of application · 8 May 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 filing8 verified · 1 withheld
- applicantROYAL BANK OF CANADA
- courtSUPERIOR COURT OF JUSTICE
- court file noCV-26-00003608-0000
- proceeding typereceivership_court
- provinceONTARIO
- statutory basisSUBSECTION 243(1) OF THE BANKRUPTCY AND INSOLVENCY ACT, R.S.C. 1985, c. B-3, AS AMENDED AND SECTION 101 OF THE COURTS OF JUSTICE ACT, R.S.O. 1990, c. C.43, AS AMENDED
- statutory basissection 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended
- secured creditorsnote: Total of $941,907.98 stated in RBC's demand letter and BIA Notice of January 30, 2026, itemized as Operating facility $411,178.68 + VISA facility $55,349.24 + Leasing facility (incl. HST) $475,380.06, all as at January 26, 2026. Also secured/guaranteed by a Personal Guarantee dated May 20, 2024 from Halima Khan (the Debtor's sole director, a related party), limited to principal of $1,050,000 plus interest — recorded here as a guarantor role only, not a separate corporate secured creditor. · page: 55 · as of: 2026-01-26 · amount: 941907.98 · debtor: Comfort & Ease Canadian Textile Inc. · creditor: Royal Bank of Canada · currency: CAD · security: General Security Agreement dated May 20, 2024 (security interest in all of the Debtor's property, assets and undertakings), registered under the Personal Property Security Act (Ontario), PPSA file no. 512890254 (registration date 2025-01-23), covering inventory, equipment, accounts and other collateral classes; also secured under the Primary Credit Agreement dated May 17, 2024 and the Master Lease Agreement dated October 3, 2024 with six lease schedules. PPSA search current to March 3, 2026 confirms RBC is the only registered creditor against the Debtor.
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.