Order: In the Matter of Nova Tech Ltd and Cynthia Petion

IN THE MATTER OF
NOVA TECH LTD and CYNTHIA PETION

File No. 2023-20

November 30, 2023

ORDER

WHEREAS the Capital Markets Tribunal held a hearing in writing to consider a motion brought by Staff of the Ontario Securities Commission (Staff) for procedural relief to waive notice and service on Cynthia Petion (Petion) and Nova Tech Ltd. (collectively, the Respondents) in this matter, and dispense with Staff’s disclosure obligations;

ON READING the Motion Record and the written submissions of Staff, and no one participating on behalf of the Respondents;

IT IS ORDERED, for reasons to follow, that:

1. pursuant to subrule 28(5)(a) of the Capital Markets Tribunal Rules of Procedure and Forms (the Rules), Staff is permitted to bring this motion without notice to Petion;
2. pursuant to subrule 6(4) of the Rules, the requirement that Staff serve the Notice of Hearing and Statement of Allegations on Petion is waived;
3. pursuant to subrule 6(4) of the Rules, the requirement that Staff serve all future processes on the Respondents is waived;
4. pursuant to rule 3 of the Rules, Staff’s disclosure obligations pursuant to subrules 27(1), (2) and (3) in respect of the Respondents are waived; and
5. pursuant to subrule 21(3) of the Rules, the merits hearing will proceed in the Respondents absence.