Ontario · Receivership (court-appointed)
Receiver's 245 Notice
Notice of receiver (s. 245 / Form 87) · 2 February 2024
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What we verified from this filing10 verified
- appointeeMNP Ltd.
- appointee rolereceiver
- commencement date2 February 2024
- financial positionnote: The property at 583 & 585 Mill Street, Port Elgin is described without any stated value, so no asset total is stated. No liabilities total is stated: $1,135,000 secured plus an unsecured list of $6,200.98 across three stated amounts and one “unknown”. · page: 1 · basis: Property described by the Receiver under s.245(1) BIA. · scope: Golden Gecko Inc. — the real property subject to the Receiver's appointment · currency: CAD
- secured creditorsnote: Stated as the estimated amount owed to a creditor holding security on the property; no valuation date is tied to it. · page: 1 · amount: 1135000 · debtor: Golden Gecko Inc. · creditor: Libro Credit Union Limited · currency: CAD · security: Mortgage Security registered by Libro Credit Union Limited over the real property at 583 & 585 Mill Street, Port Elgin, Ontario; the Receiver was appointed pursuant to it.
- statutory basisSubsection 245 & 246 (1) of the Bankruptcy and Insolvency Act
- unsecured creditorsnote: The list prints “$647,52” with a comma decimal; read as $647.52. The creditor name is reproduced as the list spells it (likely Enbridge Gas). · page: 3 · basis: Creditor List attached to the Notice and Statement of Receiver under ss.245 & 246(1) BIA, column heading “Unsecured claim”, as identified by the Receiver. · amount: 647.52 · debtor: Golden Gecko Inc. · creditor: Engridge Gas · currency: CAD
- unsecured creditorspage: 3 · basis: Creditor List attached to the Notice and Statement of Receiver under ss.245 & 246(1) BIA, column heading “Unsecured claim”, as identified by the Receiver. · amount: 1196.49 · debtor: Golden Gecko Inc. · creditor: Westario Power · currency: CAD
- unsecured creditorsnote: Municipal claim (the property lies in Port Elgin, Saugeen Shores). The document states no rank for it. · page: 3 · basis: Creditor List attached to the Notice and Statement of Receiver under ss.245 & 246(1) BIA, column heading “Unsecured claim”, as identified by the Receiver. · amount: 4356.97 · debtor: Golden Gecko Inc. · creditor: Town of Saugeen Shores · currency: CAD
- unsecured creditorsnote: Amount stated as “unknown” — not a zero. Crown claim (deemed-trust class where applicable). · page: 3 · basis: Creditor List attached to the Notice and Statement of Receiver under ss.245 & 246(1) BIA, column heading “Unsecured claim”, as identified by the Receiver. · debtor: Golden Gecko Inc. · creditor: Canada Revenue Agency · currency: CAD