Ontario · Receivership (court-appointed)
Motion Record of Receiver dated August 25, 2026
Application / notice of application · 25 August 2026
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What we verified from this filing6 verified
- secured creditorsnote: Registered amount, not confirmed outstanding balance. Receiver notes Debtor did not seek Sigma's written consent to this subordinate encumbrance. · page: 20 · as of: 2021-08-19 · amount: 200000 · debtor: KBIJ Corporation · creditor: Sun & Partners Professional Corporation · currency: CAD · security: Charge registered on title to the Property, subordinate to Sigma Charge
- secured creditorsnote: Registered amount, not confirmed outstanding balance. This is a permitted second-ranking VTB mortgage under the Sigma Charge terms. · page: 20 · as of: 2015-06-26 · amount: 2000000 · debtor: KBIJ Corporation · creditor: JTK Holding Inc. · currency: CAD · security: Second-ranking charge registered on title to the Property (vendor take-back mortgage)
- secured creditorsnote: Registered amount, not confirmed outstanding balance. Receiver notes Debtor did not seek Sigma's written consent to this subordinate encumbrance. · page: 20 · as of: 2018-07-24 · amount: 100000 · debtor: KBIJ Corporation · creditor: Carlene Bennett · currency: CAD · security: Charge registered on title to the Property, subordinate to Sigma Charge
- secured creditorsnote: Registered amount, not confirmed outstanding balance. Receiver notes Debtor did not seek Sigma's written consent to this subordinate encumbrance. · page: 20 · as of: 2019-01-30 · amount: 180000 · debtor: KBIJ Corporation · creditor: Sami Jaber and Hani Jaber · currency: CAD · security: Notice registered on title to the Property, subordinate to Sigma Charge
- secured creditorsnote: Registered amount, not confirmed outstanding balance. Receiver notes Debtor did not seek Sigma's written consent to this subordinate encumbrance. · page: 20 · as of: 2021-01-08 · amount: 269500 · debtor: KBIJ Corporation · creditor: Hardyal Sewdat · currency: CAD · security: Charge registered on title to the Property, subordinate to Sigma Charge
- secured creditorsnote: Sigma Loan principal was $4.5 million; mortgage payout statement shows disbursed principal of $5,880,200.57 (Appendix B). Current balance includes $180,000 in legal/other fees pertaining to loan recovery, subject to change. Per diem interest of $6,321.08 accruing from July 31, 2026. Purchaser under APS is an affiliate of Sigma (related party credit bid). Security opinion from Manis Law LLP confirms Sigma Charge and Sigma GSA are valid, first-ranking charges, subject to customary qualifications. · page: 24 · as of: 2026-07-31 · amount: 18506511.2 · debtor: KBIJ Corporation · creditor: Sigma One Capital Inc. · currency: CAD · security: First-ranking charge on title to the Property (registered June 26, 2015, Instrument No. AT3927954) and general security agreement registered under the PPSA