Ontario · Receivership (court-appointed)
Application Record - Volume 1 of 2
Application / notice of application · 20 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 filing4 verified
- secured creditorsnote: Identified as 'Secured Creditor' on the Service List; no amount, debtor identification, or security details stated in these pages. · page: 7 · creditor: 9523-5685 Quebec Inc. · currency: CAD
- secured creditorsnote: Identified as 'Secured Creditor' on the Service List; no amount, debtor identification, or security details stated in these pages. · page: 8 · creditor: 2250505 Ontario Inc. (o/a Safe Harbour Global Capital) · currency: CAD
- secured creditorsnote: Identified as 'Secured Creditor' on the Service List; no amount, debtor identification, or security details stated in these pages. · page: 8 · creditor: Business Development Bank of Canada · currency: CAD
- secured creditorsnote: Underlying loan facility was $6,000,000 term mortgage loan. Indebtedness stated as $6,379,131.33 as at Feb 12, 2026 (date of Demand); increased to $6,635,216.37 as of April 30, 2026 with interest accruing daily plus Costs (per Mortgage). Also supported by personal guarantee of Noel Perera, director/officer of the Debtor (related-party guarantor - individual, not a company). · page: 17 · as of: 2026-04-30 · amount: 6635216.37 · debtor: Onassa Corporation · creditor: Hillmount Capital Mortgage Holdings Inc. · currency: CAD · security: First-ranking mortgage registered on title to the Real Property (Onassa Springs Subdivision, Ottawa, 26 lots) securing a registered principal amount of $6,500,000; general security agreement (first-ranking security interest in all present and after-acquired personal property); general assignment of rents and leases; assignment of funds (~$434,000 interest reserve); assignment of agreements of purchase and sale; assignment of material project agreements; PPSA registrations perfected (search dated April 29, 2026)