Alberta · Receivership (court-appointed)

Amended Application

Application / notice of application · 17 July 2024

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What we verified from this filing1 verified

secured creditorsnote: Original principal advanced was $2,300,000 (May 25, 2023 Commitment Letter); $2,377,308.93 is exclusive of legal costs; interest continues to accrue at 14% per annum. Personal guarantees from Pawandeep, Sonia, and Aarti Dhunna also secure this indebtedness, further collateralized by mortgages on their individually owned lands (Pawndeep and Sonia Mortgage; Aarti Mortgage). · page: 4 · as of: 2024-04-25 · amount: 2377308.93 · debtor: Blackstone Investments (AB) Ltd. · creditor: Ironwood Mortgage Investment Corporation · currency: CAD · security: Demand mortgage (Blackstone Mortgage) and general assignment of rents and leases (Assignment of Rents), plus general security agreement, registered against the Blackstone Mortgaged Lands