Ontario · Receivership (court-appointed)
Application Record dated June 1, 2026.pdf
Application / notice of application · 1 June 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 filing6 verified
- applicantROYAL BANK OF CANADA
- courtSUPERIOR COURT OF JUSTICE
- court file noCL-26-00000252-0000
- commencement date28 May 2026
- statutory basisSECTION 243(1) OF THE BANKRUPTCY AND INSOLVENCY ACT, RSC 1985, C. B-3, AS AMENDED AND SECTION 101 OF THE COURTS OF JUSTICE ACT, R.S.O. 1990, C.C.43
- secured creditorsnote: Comprised of: Term Loan $24,926.81, Term Loan $195,626.69, Term Loan $447,286.09, Credit Card Facility $10,838.87 (all as at 2026-05-06, per Notice of Application/Affidavit); a separate demand letter and NOI dated 2026-03-24 states total indebtedness of $676,071.02 as at 2026-03-24 (Term Loan $24,755.13; Term Loan $195,831.18; Term Loan $444,947.70; Visa $10,537.01) - a different, earlier-dated balance for the same debt. · page: 10 · as of: 2026-05-06 · amount: 678678.46 · debtor: 2471196 Ontario Ltd. · creditor: Royal Bank of Canada · currency: CAD · security: General Security Agreement dated April 1, 2022 (all present and after-acquired personal property); 69 Lebovic Mortgage - Charge/Mortgage of Land, principal $290,000.00, instrument AT6043576 registered 2022-04-11, first charge, governed by SCT 9412; 101 Lebovic Mortgage - Charge/Mortgage of Land, principal $476,250.00, instrument AT6092376 registered 2022-05-30, first charge, governed by SCT 20015; perfected PPSA financing statements