British Columbia · Receivership (court-appointed)
Affidavit #1 of Quyen Vu
Affidavit · 5 December 2025
What we verified from this filing3 verified
- secured creditorsnote: Amount is outstanding Indebtedness inclusive of accrued interest, fees and legal costs to Nov 18, 2025, exclusive of interest/costs accruing thereafter (per diem $1,384.73); $3,381,000 is the registered/advanced principal, not the current balance; secured also by personal guarantees of Nirpal Singh Dadwal, Tajinder Kaur Dadwal, Jusjeet Singh Dadwal, Pupinder Singh Dadwal, Sukhwinder Kaur Grewal, Inderjeet Kaur Punia, and Avkeerat Singh Grewal · page: 2 · as of: 2025-11-18 · amount: 5065629.38 · debtor: 1327997 B.C. Ltd. (Debtor), guaranteed by 1327744 B.C. Ltd., 1319337 B.C. Ltd., 1297007 B.C. Ltd. and Personal Guarantors · creditor: MortEq Lending Corp. · currency: CAD · security: First-ranking mortgage and assignment of rents against the Lands (instrument nos. CA9435360, CA9435361), registered principal sum $3,381,000; Beneficial Mortgage over Guarantors' beneficial interests; General Security Agreement (PPSA base reg. no. 606529R) over all present and after-acquired personal property including uncrystallized floating charge over real property
- secured creditorsnote: Judgment creditor registered against title to the Lands, subsequent to MortEq's Mortgage · page: 8 · as of: 2023-05-18 · amount: 1040725.92 · debtor: Gurkeerat Singh Grewal (beneficial interest) · creditor: Bharatkumar Panchal and Sanjay Vaishnav · currency: CAD · security: Registered judgment (CB630966) against the beneficial interest of Gurkeerat Singh Grewal in the Lands
- secured creditorsnote: Blanket all-property PPSA registrant; amount not stated in the filing · page: 8 · as of: 2021-08-30 · debtor: 1297007 B.C. Ltd. ("007") · creditor: Cassia V8 Limited Partnership and 1318609 B.C. Ltd. · currency: CAD · security: PPSA financing statement (base reg. no. 209573N), all present and after-acquired personal property of 007 and other parties; registration expiry 2026-08-30