Ontario · Receivership (court-appointed)
Receiver's Sale Approval Motion- Returnable July 14, 2026
Application / notice of application · 14 July 2026
Also filed as: Receiver's Sale Approval Motion Record and 2nd Report
What we verified from this filing1 verified
- secured creditorsnote: Pre-filing secured indebtedness ('Secured Indebtedness') as stated in the Receiver's First Report, as at July 17, 2025, prior to the September 4, 2025 receivership appointment; described as senior/first-ranking secured creditor whose security was confirmed valid and enforceable per Lerners' legal opinion dated January 7, 2026. A post-filing balance of $8,217,827.13 as at June 22, 2026 (after interim distributions) is reported in the Second Report but is not a pre-filing figure. · page: 22 · as of: 2025-07-17 · amount: 8138715.62 · debtor: R-Chad Investment Inc. · creditor: National Bank of Canada, as successor and continuation of Canadian Western Bank · currency: CAD · security: General Security Agreement dated April 14, 2023; Charge/Mortgage dated April 18, 2023 over the Real Property (675-705 Remembrance Road, Brampton, ON, PIN 14251-2999); Assignment of Rents dated April 14, 2023