Prince Edward Island · Receivership (court-appointed)
Notice of Statement of the Receiver
Notice of receiver (s. 245 / Form 87) · 18 October 2024
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 filing19 verified · 1 withheld
- appointeeMNP Ltd.
- appointee roleReceiver
- provincePrince Edward Island
- secured creditorsnote: Nominal value ($1) shown; actual balance unknown - list generated from PPR search only, not confirmed books and records · page: 1 · amount: 1 · debtor: Duca Trans Inc. · creditor: Bank of Montreal · currency: CAD · security: PPSA registration
- secured creditorsnote: Nominal value ($1) shown; actual balance unknown; possible deemed trust claim not distinguished in filing · page: 1 · amount: 1 · debtor: Duca Trans Inc. · creditor: Canada Revenue Agency (HST and Payroll) · currency: CAD · security: PPSA registration
- secured creditorsnote: Nominal value ($1) shown; actual balance unknown · page: 1 · amount: 1 · debtor: Duca Trans Inc. · creditor: CWB National Leasing Inc. · currency: CAD · security: PPSA registration
- secured creditorsnote: Nominal value ($1) shown; actual balance unknown · page: 1 · amount: 1 · debtor: Duca Trans Inc. · creditor: Daimler Truck Financial Services Canada Corporation · currency: CAD · security: PPSA registration
- secured creditorsnote: Nominal value ($1) shown; actual balance unknown · page: 1 · amount: 1 · debtor: Duca Trans Inc. · creditor: Farm Credit Canada · currency: CAD · security: PPSA registration
- secured creditorsnote: No value listed in creditor table; identified only via priority agreement reference · page: 1 · debtor: Duca Trans Inc. · creditor: Company Capital Inc. · currency: CAD · security: Party to Priority Agreement dated June 18, 2018, subordinate to RBC
- secured creditorsnote: Appointing creditor; value per Receiver's records · page: 1 · amount: 706497 · debtor: Duca Trans Inc. · creditor: Royal Bank of Canada · currency: CAD · security: Master Lease Agreement (Aug 9, 2022); General security agreement (Feb 2, 2016, Prince Freight Lines Inc.); Master Lease Agreement (Sept 14, 2016, Prince Freight Lines Inc.); General security agreement (June 15, 2018); Priority Agreements (June 18, 2018) with iTruck Financial Inc. and Company Capital Inc.; PMSI in 2018 LS Loader XR3135H
- statutory basisSubsections 245(1) and 246(1) of the Act
- secured creditorsnote: Nominal value ($1) shown; actual balance unknown · page: 2 · amount: 1 · debtor: Duca Trans Inc. · creditor: Finance PEI · currency: CAD · security: PPSA registration
- secured creditorsnote: Nominal value ($1) shown; actual balance unknown · page: 2 · amount: 1 · debtor: Duca Trans Inc. · creditor: iTruck Financial Inc. · currency: CAD · security: PPSA registration; party to Priority Agreement dated June 18, 2018 subordinate to RBC
- secured creditorsnote: Nominal value ($1) shown; actual balance unknown · page: 2 · amount: 1 · debtor: Duca Trans Inc. · creditor: LBEL Inc. · currency: CAD · security: PPSA registration
- secured creditorsnote: Nominal value ($1) shown; actual balance unknown · page: 2 · amount: 1 · debtor: Duca Trans Inc. · creditor: Merchant Opportunities Fund Limited Partnership · currency: CAD · security: PPSA registration
- secured creditorsnote: Nominal value ($1) shown; actual balance unknown · page: 2 · amount: 1 · debtor: Duca Trans Inc. · creditor: Sonoma Capital Corp. · currency: CAD · security: PPSA registration
- secured creditorsnote: Nominal value ($1) shown; actual balance unknown · page: 2 · amount: 1 · debtor: Duca Trans Inc. · creditor: TD Equipment Finance Canada · currency: CAD · security: PPSA registration
- secured creditorsnote: Nominal value ($1) shown; actual balance unknown · page: 2 · amount: 1 · debtor: Duca Trans Inc. · creditor: The Toronto-Dominion Bank · currency: CAD · security: PPSA registration
- secured creditorsnote: Nominal value ($1) shown; actual balance unknown · page: 2 · amount: 1 · debtor: Duca Trans Inc. · creditor: VFS Canada Inc. · currency: CAD · security: PPSA registration
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.