Ontario · Receivership (court-appointed)
Affidavit - Warda Warda July 21, 2026
Affidavit · 21 July 2026
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What we verified from this filing4 verified
- secured creditorsnote: Amount ($16,800,000) is the balance stated in the Affidavit of Warda Warda (sworn July 21, 2026) as 'approximately' owing; no as-of date given for that figure. Demand for payment and s.244 BIA notice delivered May 20, 2025 (per Sept 24, 2025 Endorsement). Personal guarantees given by directing minds/guarantors Warda Warda and Vedel Warda. · page: 2 · amount: 16800000 · debtor: Hano Investment Ltd. · creditor: National Bank of Canada · currency: CAD · security: First-ranking mortgage dated June 9, 2023 registered against 30 Baywood Road, Toronto, Ontario; general assignment of rents dated June 9, 2023; general security agreement (GSA) dated June 6, 2023 (original principal advanced: $16,200,000 pursuant to Loan Agreement/commitment letter dated May 30, 2023, as amended June 12, 2023)
- secured creditorsnote: Registration not authorized by National Bank of Canada (per Sept 24, 2025 Endorsement, para 12); nature/rank of the registered interest not further described. · page: 30 · as of: 2024-02-13 · amount: 3500000 · debtor: Hano Investment Ltd. · creditor: 1832763 Ontario Ltd. · currency: CAD · security: Interest registered against 30 Baywood Road, Toronto, Ontario (Real Property)
- secured creditorsnote: Registration not authorized by National Bank of Canada (per Sept 24, 2025 Endorsement, para 12). Likely corresponds to the 'Existing CDS Third Mortgage' described in a later (July 20, 2026) Fiducia Ventures Inc./CDS Financial Group Inc. mortgage commitment as a $1,000,000 loan charge secured by a third charge on the Property, per a mortgage commitment dated September 10, 2025. · page: 30 · as of: 2025-09-12 · amount: 1000000 · debtor: Hano Investment Ltd. · creditor: 9523-5685 Quebec Inc. · currency: CAD · security: Interest registered against 30 Baywood Road, Toronto, Ontario (Real Property)
- secured creditorsnote: Document states counsel to the Bank received copies of CRA's enhanced Requirements to Pay in respect of 'alleged deemed trust claims owing by the Borrower' on August 26, 2025; no amount is stated (per Sept 24, 2025 Endorsement, para 15). · page: 31 · as of: 2025-08-26 · debtor: Hano Investment Ltd. · creditor: Canada Revenue Agency (CRA) · currency: CAD · security: Alleged statutory deemed trust; enhanced Requirements to Pay issued to the Borrower