Alberta · Interim receivership
Application re: Approval of Receiver’s Fees, Final Distribution, and Discharge of Receiver
Application / notice of application · 16 October 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 filing4 verified
- secured creditorsnote: The $295,000 is the amount of the proposed final distribution from the Investments estate, not a stated outstanding balance of the debt. The proposed order directs payment of any remaining Investments Holdback/estate funds to them 'up to the amount owed to the Second Mortgagees by Investments', but the amount owed is not stated in this document. Distribution is proposed, subject to court approval at the Oct 29, 2026 hearing. · page: 2 · amount: 295000 · debtor: Mahindra Investments (AB) Ltd. · creditor: Kamaljit Dhillon and Harminder Sidhu (the "Second Mortgagees") · currency: CAD · security: Second mortgage(s) (as implied by the term "Second Mortgagees"); the document does not describe the security instrument
- unsecured creditorsnote: The document does not state the underlying creditor claims in the Jewellers bankruptcy; $205,000 is the amount of the proposed distribution to the Trustee, and any remaining Jewellers Holdback/estate funds also go to the Trustee. Classification of underlying claims is not stated. · page: 2 · basis: Proposed final distribution from the Jewellers receivership estate to the bankruptcy trustee (not a stated claim amount) · amount: 205000 · debtor: Mahindra Jewellers (AB) Ltd. · creditor: BDO Canada Limited, as trustee in bankruptcy of Mahindra Jewellers (AB) Ltd. · currency: CAD
- lawyerTom Gusa
- lawyerTom Gusa