Ontario · Interim receivership
Motion Record
Application / notice of application · 10 November 2025
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What we verified from this filing18 verified
- secured creditorsnote: Each identified as "Secured creditor" on the service list (vehicle/equipment finance and leasing companies); no amount or specific debtor stated in provided pages · page: 4 · creditor: PPSA equipment financiers (PMSI class): Nissan Canada Inc., BMW Canada Inc., Toyota Credit Canada Inc., CWB National Leasing Inc. · currency: CAD
- secured creditorsnote: Identified as "Secured creditor" on the service list; no amount or security detail stated · page: 4 · creditor: 1000201505 Ontario Inc. · currency: CAD
- secured creditorsnote: Identified as "Secured creditor" on the service list; no amount or security detail stated · page: 5 · creditor: On Deck Capital Canada, Inc. · currency: CAD
- secured creditorsnote: Identified as "Secured creditor" on the service list; no amount or security detail stated · page: 5 · creditor: Sincan Holdings Ltd. · currency: CAD
- secured creditorsnote: Identified as "Secured creditor" on the service list; no amount or security detail stated · page: 5 · creditor: 2M7 Financial Solutions · currency: CAD
- secured creditorsnote: Outstanding balance per payout statement, Exhibit "80"; excludes accruing interest and costs · page: 115 · as of: 2025-10-07 · amount: 602569.2 · debtor: 2225909 Ontario Inc. · creditor: Meridian Credit Union Limited · currency: CAD · security: General Security Agreement dated March 21, 2023 (all present and after-acquired property)
- secured creditorsnote: Outstanding balance per payout statement, Exhibit "82"; excludes accruing interest and costs · page: 115 · as of: 2025-10-07 · amount: 382314.46 · debtor: 2619342 Ontario Inc. · creditor: Meridian Credit Union Limited · currency: CAD · security: General Security Agreement dated March 21, 2023 (all present and after-acquired property)
- secured creditorsnote: Outstanding balance per payout statement, Exhibit "83"; excludes accruing interest and costs · page: 115 · as of: 2025-10-07 · amount: 757237.8 · debtor: Al-Baasit Foods Inc. · creditor: Meridian Credit Union Limited · currency: CAD · security: General Security Agreement dated March 21, 2023 (all present and after-acquired property)
- secured creditorsnote: Outstanding balance per payout statement, Exhibit "84"; excludes accruing interest and costs · page: 115 · as of: 2025-10-07 · amount: 558244.91 · debtor: Al-Haqq Foods Inc. · creditor: Meridian Credit Union Limited · currency: CAD · security: General Security Agreement dated March 21, 2023 (all present and after-acquired property)
- secured creditorsnote: Outstanding balance per payout statement, Exhibit "81"; excludes accruing interest and costs · page: 115 · as of: 2025-10-07 · amount: 204187.86 · debtor: 2397495 Ontario Ltd. · creditor: Meridian Credit Union Limited · currency: CAD · security: General Security Agreement dated March 21, 2023 (all present and after-acquired property)
- secured creditorsnote: Outstanding balance per payout statement, Exhibit "89"; excludes accruing interest and costs · page: 116 · as of: 2025-10-07 · amount: 756043.23 · debtor: Al-Wakeel Foods Inc. · creditor: Meridian Credit Union Limited · currency: CAD · security: General Security Agreement (all present and after-acquired property)
- secured creditorsnote: Outstanding balance per payout statement, Exhibit "85"; excludes accruing interest and costs · page: 116 · as of: 2025-10-07 · amount: 808810.49 · debtor: Al-Khaliq Foods Inc. · creditor: Meridian Credit Union Limited · currency: CAD · security: General Security Agreement dated March 21, 2023 (all present and after-acquired property)
- secured creditorsnote: Outstanding balance per payout statement, Exhibit "86"; excludes accruing interest and costs · page: 116 · as of: 2025-10-07 · amount: 1001875.9 · debtor: Al-Mueed Foods Inc. · creditor: Meridian Credit Union Limited · currency: CAD · security: General Security Agreement dated March 21, 2023 (all present and after-acquired property)
- secured creditorsnote: Combined outstanding balance for both guarantor entities per payout statement, Exhibit "87"; excludes accruing interest and costs; related-party corporate guarantors · page: 116 · as of: 2025-10-07 · amount: 1896568.36 · debtor: Al-Haadi Foods Inc. and Al-Razzaaq Foods Inc. (as guarantors of 2690195 Ontario Inc.) · creditor: Meridian Credit Union Limited · currency: CAD · security: General Security Agreements (Al-Haadi Foods Inc. dated March 21, 2023; Al-Razzaaq Foods Inc. dated July 8, 2024); guarantees dated March 21, 2023 and July 8, 2024 respectively of 2690195 Ontario Inc. indebtedness
- secured creditorsnote: Outstanding balance per payout statement, Exhibit "88"; excludes accruing interest and costs · page: 116 · as of: 2025-10-07 · amount: 481160.24 · debtor: Al-Waali Foods Inc. · creditor: Meridian Credit Union Limited · currency: CAD · security: General Security Agreement (all present and after-acquired property)
- secured creditorsnote: Outstanding balance per payout statement, Exhibit "90"; excludes accruing interest and costs · page: 116 · as of: 2025-10-07 · amount: 231784.07 · debtor: An-Naafi Foods Inc. · creditor: Meridian Credit Union Limited · currency: CAD · security: General Security Agreement (all present and after-acquired property)
- secured creditorsnote: Outstanding balance per payout statement, Exhibit "91"; excludes accruing interest and costs · page: 116 · as of: 2025-10-07 · amount: 725586.86 · debtor: MIFK Foods Inc. · creditor: Meridian Credit Union Limited · currency: CAD · security: General Security Agreement (all present and after-acquired property)
- secured creditorsnote: Outstanding balance per payout statement, Exhibit "92"; excludes accruing interest and costs · page: 116 · as of: 2025-10-07 · amount: 747728.36 · debtor: Y & F Food Corporation Ltd. · creditor: Meridian Credit Union Limited · currency: CAD · security: General Security Agreement (all present and after-acquired property)