Ontario · Receivership (court-appointed)
Notice and Statement of Receiver dated Feb. 28, 2020
Notice to creditors · 28 February 2020
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 filing8 verified
- appointeeMNP Ltd.
- commencement date21 February 2020
- financial positionnote: Real Property has unknown book value; Receiver has been unable to obtain the books and records of 1429523 and has not obtained an appraisal, and is unable to express an opinion as to the value of the Real Property. List of other creditors and total amount due by the Debtor is stated as 'Unknown'. · page: 1 · basis: not stated · scope: 1429523 Ontario Limited (Real Property only) · currency: CAD
- provinceOntario
- statutory basissection 243(1) of the Bankruptcy and Insolvency Act, R.S.C 1985, c. B-3, as amended and section 101 of the Courts of Justice Act, R.S.O. 1990, c. 43, as amended
- appointee roleReceiver
- secured creditorspage: 2 · as of: receiver's appointment (February 21, 2020) · amount: 473142 · debtor: 1429523 Ontario Limited · creditor: Lee Terrace Development Inc. · currency: CAD · security: Security on the Real Property described in the notice
- secured creditorsnote: Amount owed stated as 'Unknown' · page: 2 · as of: receiver's appointment (February 21, 2020) · debtor: 1429523 Ontario Limited · creditor: City of Toronto · currency: CAD · security: Security on the Real Property described in the notice