Ontario · Receivership (court-appointed)
Motion Record of the Applicant dated May 22, 2026 Part 3
Application / notice of application · 22 May 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 filing2 verified
- secured creditorsnote: PPSA registration search results (financing statements); no balances stated, only registered collateral. Financing statements for Concentra also list individual co-debtors Karanjit Singh (p.6) and Samreet K Kahlon (p.7) alongside Roadx Express Ltd. - personal names noted, not treated as companies. · page: 2 · as of: 2026-03-11 · debtor: Roadx Express Ltd. · creditor: PPSA equipment financiers (PMSI class) · currency: CAD · security: Serialized/motor-vehicle equipment purchase-money security interests: VFS Canada Inc. (2 x 2026 Volvo VNL64T-660 tractors, file 524891601, p.2-5); Concentra Equipment Finance, a division of Bennington Financial Corp. (multiple 2025 Utility VS2RA trailers and 2025 Carrier 7700 reefer units under lease agreements #40000553 etc., file 524899188, p.6-16); DUCA Financial Services Credit Union Ltd (added by financing change statement as secured party over a 2027 Utility VS2RA trailer VIN 1UYVS2533V6684613, p.17).
- secured creditorsnote: Blanket all-property style registration; no outstanding balance stated in the registration. · page: 18 · as of: 2026-03-11 · debtor: Roadx Express Ltd. · creditor: Royal Bank of Canada · currency: CAD · security: PPSA financing statement (file 524902491) registering blanket collateral classification (goods, inventory, equipment, accounts, other checked) plus specific equipment: 2024 Peterbilt 579 (VIN 1XPBD49X5RD639385) under lease contract #201000091444; general collateral description also includes money, cheques, deposits, accounts receivable, chattel paper, instruments, intangibles.