Tyson Trucking Group, formerly named Bhullar Jatt Transport, has been placed into receivership.
RBC claims Tyson, along with related entities 150 Oakwood Street Holdings Inc., and Tyson Investment Holdings Inc., owe it approximately $5.8 million. msi Spergel was appointed receiver by an Ontario court on Aug. 26.
The bank entered into a forbearance agreement with the debtors on Dec. 4, 2024, and an extension on March 24, 2025, which required all indebtedness to be repaid by May 16.
It was not paid off when the forbearance period expired that day, RBC said. The bank declined a request to again extend the forbearance period to give the debtors more time to close a real estate sale, which they said would enable them to pay off the debt.
Tyson Trucking operated as Bhullar Jatt Transport from Aug. 22, 2016 until Dec. 7, 2021.
The Tyson group, according to court documents, is comprised of Tyson Trucking Group, 150 Oakwood Street Holdings and Tyson Investment Holdings, controlled equally by Gurbinder Saini, Gurjeet Bhullar, Harpreet Bajwa and Naviot Singh.
The truck fleet consisted of about 30-35 trucks and 70 trailers, with 15-full-time employees (including 12 drivers) and 38 additional contract drivers, court filings reveal.
