Ontario · Receivership (court-appointed)
Bibi Maryam Inc. et al. 245-6 report Final Signed v1
Notice of receiver (s. 245 / Form 87) · 27 November 2025
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 filing9 verified
- applicantThe Toronto-Dominion Bank
- appointeeThe Fuller Landau Group Inc.
- appointee roleReceiver
- commencement date17 November 2025
- court file noCV-24-00715652-00CL
- financial positionnote: Receiver states it has not received any information; it is unknown what is owing to other creditors. · page: 1 · basis: Approximate Book Value of Assets stated as Unknown for Accounts Receivable and Real Property · scope: Bibi Maryam Inc. · currency: CAD
- statutory basisSubsection 245(1) and 246(1) of the Bankruptcy and Insolvency Act
- secured creditorsnote: Amount owed based on Application Materials submitted by the Bank's counsel · page: 2 · amount: 3444219.04 · debtor: Bibi Maryam Inc. · creditor: The Toronto-Dominion Bank · currency: CAD · security: Charge/Mortgage registered as Instrument No. DR2147158 on June 24, 2022, in the principal amount of $3,000,000 (first-ranking)
- secured creditorspage: 2 · debtor: Bibi Maryam Inc. · creditor: 11053019 Canada Ltd. · currency: CAD · security: Second mortgage registered December 24, 2024, in the amount of $600,000 (this is the registered mortgage amount, not a stated outstanding balance)