Ontario · Receivership (court-appointed)
Application Record - Volume 2 of 2
Application / notice of application · 20 May 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 filing9 verified
- applicantHILLMOUNT CAPITAL MORTGAGE HOLDINGS INC.
- courtSUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
- court file noCV-26-00104135-0000
- statutory basisSection 101 of the Courts of Justice Act, R.S.O. 1990 c.C.43, as amended, and Section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended
- commencement date20 May 2026
- secured creditorsnote: Listed on Service List as 'Secured Creditor'; no amount or security particulars stated on these pages. · page: 7 · creditor: 2250505 Ontario Inc. (o/a Safe Harbour Global Capital) · currency: CAD
- secured creditorsnote: Listed on Service List as 'Secured Creditor'; no amount or security particulars stated on these pages. · page: 7 · creditor: 9523-5685 Quebec Inc. · currency: CAD
- secured creditorsnote: Listed on Service List as 'Secured Creditor'; no amount or security particulars stated on these pages. · page: 8 · creditor: Business Development Bank of Canada · currency: CAD
- secured creditorsnote: Total amount of indebtedness secured by the security as stated in Notice of Intention to Enforce Security (BIA s.244(1)) dated Feb 12, 2026, inclusive of $1,500 costs plus HST for issuing the notice, per diem $1,808.22. Related demand letter of same date separately shows 'amount owing to Hillmount ... as per statement attached' of $6,372,295.14 (as of Feb 12, 2026) plus $6,836.19 owing to Fogler Rubinoff LLP (legal fees). Mortgage discharge statement dated Feb 11, 2026 shows total owing of $6,370,486.92. Personal guarantee provided by Noel Perera dated July 27, 2022 (individual guarantor, joint and several, related party - principal of Borrower). · as of: 2026-02-12 · amount: 6379131.33 · debtor: Onassa Corporation · creditor: Hillmount Capital Mortgage Holdings Inc. · currency: CAD · security: 1st Charge/Mortgage of Land (Instrument No. OC2527591, registered Aug 22, 2022) on Onassa Springs Subdivision (26 Lots), Ottawa, ON; General Assignment of Rents (Instrument No. OC2527592); General Security Agreement dated July 27, 2022; Assignment of Funds; Assignment of Agreement of Purchase and Sale; Assignment of Material Project Agreements; original mortgage principal sum stated as 'up to $6,500,000.00'