Order: In the Matter Of 1415409 Ontario Inc. et al.

Order
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IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5, AS AMENDED

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IN THE MATTER OF 1415409 ONTARIO INC.,
TITLE ONE CLOSING INC., RAVINDRA DAVE, CHANDRAMATTIE DAVE, and AMETRA DAVE

ORDER
(Sections 127 and 127.1 of the Securities Act)



WHEREAS:

  1. On March 17, 2015, the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing (the “Notice of Hearing”) pursuant to sections 127 and 127.1 of the Securities Act, R.S.O. 1990 c.S.5, as amended (the “Act”) in connection with a Statement of Allegations filed by Staff of the Commission (“Staff”) on March 17, 2015 with respect to Chandramattie Dave (“Chandramattie”), Ravindra Dave (“Ravindra”), Ametra Dave (“Ametra”), 1415409 Ontario Inc., and Title One Closing Inc. (collectively, the “Respondents”);
  2. The Notice of Hearing set April 15, 2015, as the hearing date in this matter;
  3. The First Appearance in this matter was held on April 15, 2015, and Staff and some of the Respondents appeared;
  4. On April 15, 2015, the Commission ordered that:
    1. Staff shall provide disclosure to the Respondents by May 15, 2015, of documents and things in the possession or control of Staff that are relevant to the hearing in this matter;
    2. The First Appearance in this matter be continued on June 17, 2015, at 10:00 a.m. for the purpose of providing a status update with respect to service; and
    3. The Second Appearance in this matter be held on August 19, 2015, at 10:00 a.m.
  5. On May 30, 2015, Staff provided disclosure of documents and things in the possession or control of Staff that are relevant to the hearing in this matter to Chandramattie, Ravindra, 1415409 Ontario Inc., and Title one Closing Inc.;
  6. The First Appearance in this matter was continued on June 17, 2015 at 3:30 p.m. and Staff and some of the Respondents appeared and made submissions, including with respect to the timing of disclosure;
  7. Staff requested an adjournment of the hearing of Staff’s application, filed on June 12, 2015, seeking an order for substituted service with respect to Ametra; and
  8. The Commission is of the opinion that it is in the public interest to make this order.

IT IS ORDERED that:

  1. The hearing be adjourned until July 16, 2015, at 1:00 p.m.

DATED at Toronto, this 17th day of June, 2015.

 



"Mary Condon "
Mary Condon