The plaintiff shareholder brought a motion in a dispute between equal shareholders of a corporation operating a convenience store, seeking permission to sell the business, appointment of a receiver to supervise the sale, forfeiture of a $25,000 deposit under a prior court order, and an order striking the defendant’s statement of defence.
The court denied an adjournment request by the responding shareholder and accepted the recommendation of the court‑appointed monitor that the business be sold promptly to avoid further litigation expenses.
A receiver was appointed to conduct the sale and supervise operations, with the moving party permitted to control day‑to‑day business activities subject to cooperation with the receiver.
The court also ordered forfeiture of the $25,000 deposit in accordance with an earlier order.
However, the request to strike the defendant’s defence was refused given the defendant’s circumstances abroad and the expectation that issues could be addressed upon distribution of sale proceeds.