British Columbia · Receivership (court-appointed)
Affidavit #4 of A. Kumar
Affidavit · 26 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 filing5 verified
- secured creditorsnote: Also secured by Assignment of Rents CA9394749 registered same date; these entities are the petitioners in this proceeding, acting here as mortgagees against the registered property owner (not explicitly named on the extracted title pages, but other exhibits identify the property as associated with International Trade Centre Properties Ltd.) · page: 27 · as of: 2021-09-29 · creditor: Fox Island Development Ltd. and Advanced Venture Holding Co., Ltd. · currency: CAD · security: Mortgage (CA9394748) registered against title PID 029-611-598; Fox Island Development Ltd. holds undivided 25,100,000/33,100,000 interest and Advanced Venture Holding Co., Ltd. holds undivided 8,000,000/33,100,000 interest in the mortgage (fractional shares, no principal amount stated); modified by CB334946 (2022-11-14) and CB379003 (2022-12-08)
- secured creditorsnote: Also secured by Assignment of Rents CB940713 registered 2023-10-14 · page: 27 · as of: 2023-10-11 · creditor: Fox Island Development Ltd. and Advanced Venture Holding Co., Ltd. · currency: CAD · security: Second mortgage (CB940712) registered against same title; Fox Island Development Ltd. holds undivided 2,750,000/5,300,000 interest and Advanced Venture Holding Co., Ltd. holds undivided 2,550,000/5,300,000 interest (fractional shares, no principal amount stated)
- secured creditorsnote: Individual (personal) secured creditor; also named as a respondent in this proceeding · page: 28 · as of: 2023-12-29 · creditor: Heung Kei Sung · currency: CAD · security: Mortgage (CB1097592) registered against title PID 029-611-598; no principal amount stated
- secured creditorsnote: Judgment creditor capacity, distinct from their mortgagee capacity recorded separately above · page: 28 · as of: 2025-03-24 · creditor: Fox Island Development Ltd. and Advanced Venture Holding Co., Ltd. · currency: CAD · security: Certificate of judgment (CB1942240) registered against title as a charge/lien; no amount stated
- secured creditorsnote: Judgment creditor; Morteq Lending Corp. is also named as a respondent in this proceeding · page: 28 · as of: 2026-01-13 · creditor: Morteq Lending Corp. · currency: CAD · security: Certificate of judgment (CB2564672) registered against title as a charge/lien; no amount stated