British Columbia · Receivership (court-appointed)
Affidavit #1 of K. S. Dhillon
Affidavit · 31 August 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: Prose figure in Demand Letter demanding repayment of entire amount due under Loan Agreements; a later, more precise payout-statement figure of $17,838,412.08 as of August 20, 2026 (per Exhibit S email, page 407) supersedes this for the same debt. · page: 4 · as of: Demand Letter dated June 2, 2026 · amount: 17792687.55 · debtor: Goshu Products/Services Inc., 2842878 Ontario Inc. (and related Respondent Companies) · creditor: National Bank of Canada · currency: CAD · security: First-ranking mortgage charges against title to the BC Properties and the Ontario Property
- secured creditorsnote: Registered owner of charge per title search; amount of registered mortgage not stated on title search. · page: 8 · debtor: Goshu Products/Services Inc. · creditor: Canadian Western Bank · currency: CAD · security: Mortgage (Registration No. CB1328411, registered 2024-05-23) and Assignment of Rents (Registration No. CB1328412, registered 2024-05-23) against Strata Lot 3 (Title No. CA4968715)
- secured creditorsnote: Only page 1 of 3 of this title search excerpted; charges section not visible in provided pages. · page: 10 · debtor: Goshu Products/Services Inc. · creditor: Canadian Western Bank · currency: CAD · security: Mortgage and Assignment of Rents against Strata Lot 4 (Title No. CA3718218) - inferred from parallel title but not shown on excerpted pages
- secured creditorsnote: Exact dated payout-statement total across four payout statements (different loan parties), per email dated August 23, 2026 (Exhibit S, page 407). Excludes additional legal and other fees payable under loan/security documents. Note: title search shows registered mortgagee as Canadian Western Bank, not National Bank of Canada, suggesting a possible discrepancy or prior assignment not detailed in these pages. · page: 407 · as of: 2026-08-20 · amount: 17838412.08 · debtor: Goshu Products/Services Inc., 2842878 Ontario Inc. (and related Loan Parties) · creditor: National Bank of Canada · currency: CAD · security: First-ranking mortgage charges and assignment of rents against title to the BC Properties and the Ontario Property (per title searches, mortgage CB1328411 and assignment of rents CB1328412 registered 2024-05-23 in favour of Canadian Western Bank, not National Bank of Canada, per title search)