Ontario · Receivership (court-appointed)
Notice and Statement of the Receiver dated October 6, 2026
Notice to creditors · 6 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 filing4 verified
- financial positionnote: No balance sheet stated. Receiver states 'a complete list of creditors relating to the Real Property and other required information has not been provided' by the Debtor under s. 245(3) BIA and the Appointment Order, and that 'the only information the Receiver has is for the secured creditors listed above.' Unsecured creditors are therefore not stated (document silent on them, not a stated none). Secured totals per mailing list: $34,369,754 (unverified). · page: 1 · basis: Receiver's Notice: Real Property book value stated as 'Unknown' / '$Unknown'; the Receiver states that the principal of the Debtor has not provided information on the Real Property or a list of creditors · scope: RSG Mayfield Inc. – Real Property only (0 Mayfield Road, Brampton) · currency: CAD
- secured creditorsnote: Stated by the Receiver as an 'approximate amount owed'; no as-at date given. Per Appendix B Note 1, derived from materials previously filed with the Court and not independently verified by the Receiver. Vector and Olympia are the Plaintiffs who obtained the receivership order. · page: 1 · amount: 26269753.66 · debtor: RSG Mayfield Inc. · creditor: Vector Financial Services Limited & Olympia Trust Company · currency: CAD · security: Appears to hold a security interest against the Real Property (0 Mayfield Road, Brampton, PIN 14222-0290 (LT) and 14222-0291 (LT)); underlying mortgage documentation not reviewed
- secured creditorsnote: Stated by the Receiver as an 'approximate amount owed'; no as-at date given; rank relative to Vector/Olympia not stated. Per Appendix B Note 1, derived from previously filed Court materials and not independently verified. Mailing list shows them c/o A.S Law Office. · page: 1 · amount: 8100000 · debtor: RSG Mayfield Inc. · creditor: Jagtar Raman & Inderjit Dhugga · currency: CAD · security: Appears to hold a security interest against the Real Property (0 Mayfield Road, Brampton); underlying mortgage documentation not reviewed
- financial positionnote: Assets: "The Real Property - 0 Mayfield Road, Brampton, Ontario | Unknown" / "$Unknown". Total liabilities are not stated; the Receiver says the only information it has is for the secured creditors listed (approx. $26,269,753.66 and $8,100,000, listed total $34,369,754), which it has not independently verified, and that a complete list of creditors has not been provided by the Debtor. · basis: Receiver's Notice and Statement; the book value of the Real Property is stated as "Unknown" because the Debtor's principal has not provided the requested information. Secured-creditor amounts in the mailing list are unverified figures from previously filed court materials. · scope: Debtor RSG Mayfield Inc.; the Real Property at 0 Mayfield Road, Brampton, Ontario (PIN 14222-0290 (LT) and 14222-0291 (LT)) only · currency: CAD