Alberta · Receivership (court-appointed)
Affidavit of Parmeet Roopra
Affidavit · 8 July 2024
What we verified from this filing3 verified
- secured creditorsnote: Amount not stated; registration is subordinate to Ironwood's first-charge Blackstone Mortgage · page: 5 · debtor: Blackstone Investments (AB) Ltd. · creditor: Condominium Corporation No. 9521451 · currency: CAD · security: Pending registration against title to the Blackstone Mortgaged Lands in respect of outstanding condominium contributions
- secured creditorsnote: Amount not stated; registration is subordinate to Ironwood's first-charge Pawandeep and Sonia Mortgage; property owned by individual guarantors · page: 6 · as of: 2024-04-22 · debtor: Pawandeep Dhunna and Sonia Dhunna · creditor: City of Edmonton · currency: CAD · security: Tax Notification registered against title to the Pawandeep and Sonia Mortgaged Lands
- secured creditorsnote: Personal Guarantees (joint and several) given by guarantors Pawandeep Dhunna, Sonia Dhunna and Aarti Dhunna - individuals, not companies. Prior dated balances for the same debt: Notice of Intention to Enforce Security (Form 86) dated Oct 25, 2023 stated $2,348,707.17 as at Oct 24, 2023 (original p.182); demand letter of same date referenced the $2,300,000.00 mortgage principal plus interest at 14%/annum (original p.180). Original principal advanced was $2,300,000.00 (original p.3, p.7). April 24, 2024 payout statement figure excludes Ironwood's enforcement/legal costs and interest continues to accrue. · page: 7 · as of: 2024-04-24 · amount: 2377308.93 · debtor: Blackstone Investments (AB) Ltd. · creditor: Ironwood Mortgage Investment Corporation · currency: CAD · security: First-charge Memorandum of Mortgage dated May 30, 2023 (registered No. 232 226 820 on July 26, 2023) against the Blackstone Mortgaged Lands (Condominium Plan 9521451, Units 13-16); General Security Agreement dated May 30, 2023; General Assignment of Rents and Leases dated May 30, 2023; plus collateral mortgages granted by guarantors over their personal residential condo units securing their Personal Guarantees (Aarti Mortgage, registered No. 232 226 823; Pawandeep and Sonia Mortgage, registered No. 232 226 824)