Buchh Holding Inc. is in court-appointed receivership. On July 31, 2024, the Ontario Superior Court of Justice appointed Richter Inc. as receiver under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act, on the application of The Toronto-Dominion Bank (court file CV-24-00723986-00CL). The proceeding is active. As of July 31, 2024, TD's secured claim stood at CAD 3,553,000 and BDC Capital Inc. held CAD 433,200. Reported unsecured creditors, largely related companies, include Rotalec Canada Inc. at CAD 564,040, Farhat Buchh at CAD 350,521.62 and 2371561 Ontario Inc. at CAD 17,000.
The court granted an approval and vesting order for the sale to Pamposh Holdings Inc. Closing terms, as extracted: Vesting effective upon delivery of the Receiver's Certificate confirming satisfaction of the Purchase Price and conditions to Closing.
Source: Approval and Vesting Order (Shares) – dated September 17, 2024
The officer filed report no. Supplemental First Report. The Receiver resolved Doosan Robotics' claim over seven robots included in the Rotalec Canada asset sale by agreeing, with Bank and purchaser consent, to carve the robots out of the sale to Continental Capital Investments Inc. and reduce the purchase price accordingly, with a separate sub-$50,000 sale of the robots directly to Doosan not requiring court approval.
Source: Supplemental First Report of the Receiver – dated September 17, 2024
25 earlier updates, back to 31 July 2024 — subscribers.
Debtor
Britman Specialty Products Inc.
Debtor
Buchh Holding Inc.
Debtor
Rotalec Canada Inc.
Debtor
Rotalec International Inc.
Receiver
Richter
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Osborne | Ontario Superior Court of Justice | 2 orders, Sep 2024 | 146 cases on record |
| Justice Kimmel | Ontario Superior Court of Justice | 2 orders, Jul 2024 | 182 cases on record |
| Justice Black | Ontario Superior Court of Justice | 2 orders, Jul 2024 | 176 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorToronto-Dominion Bank | Aird & Berlis LLP | 18 Jul 2024 | Factum · 18 Jul 2024 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Toronto Dominion Bank · in 35 casesReported value includes secured loan for which the Company is the guarantor. — debtor: Britman Specialty Products Inc. | $3.55M | Notice and Statement of the Receiver – dated August 9, 2024 |
3 transactions · 2 proposed · 1 approved — Receiver seeking approval of Amended APA reflecting carve-out of Robots and adjusted purchase priceSupplemental First Report of the Receiver – dated September 17, 2024 · 17 Sep 2024
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Continental Capital Investments Inc.the Rotalec Canada assets, with the Robots carved out · asset sale · agreement 17 Sep 2024 | Subscribers | Proposed | Supplemental First Report of the Receiver –… |
| Doosan Robotics Inc.seven (7) robots (Robots) supplied by Doosan · asset sale | Subscribers | Proposed | Supplemental First Report of the Receiver –… |
| Pamposh Holdings Inc.Buchh's right, title and interest in and to the UGP Shares · share sale · agreement 9 Sep 2024 | not stated | Approved17 Sep 2024 | Approval and Vesting Order (Shares) – dated… |
TD Bank: shortfall.First Report of the Receiver · 9 Sep 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | TD Bank | — | shortfall | per the receiver | First Report of the Receiver · 9 Sep 2024 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Professional fees to date
$197K
As at 17 Sep 2024Supplemental First Report of the Receiver – dated September 17, 2024
| Date | Document | File |
|---|---|---|
Ancillary Order (Distribution & Ancillary Relief) – dated September 17, 2024
| PDF · Subscribers | |
Approval and Vesting Order (Assets) – dated September 17, 2024
| PDF · Subscribers | |
Approval and Vesting Order (Shares) – dated September 17, 2024
| PDF · Subscribers | |
Endorsement – dated September 17, 2024
| PDF · Subscribers | |
Supplemental First Report of the Receiver – dated September 17, 2024
| PDF · Subscribers | |
| Factum of the Receiver – (Motion re: Sale Approval and Distribution Order) – dated September 13, 2024 | PDF · Subscribers | |
First Report of the Receiver – dated September 9, 2024
| PDF · Subscribers | |
Motion Record of the Receiver (Sale Approval and Distribution) – dated September 9, 2024
| PDF · Subscribers | |
| Notice and Statement of the Receiver – dated August 9, 2024 | PDF · Subscribers | |
| Notice and Statement of the Receiver – dated August 9, 2024 | PDF · Subscribers | |
Notice and Statement of the Receiver – dated August 9, 2024
| PDF · Subscribers | |
| Notice of Statement of the Receiver – dated August 9, 2024 | PDF · Subscribers | |
Endorsement – dated July 31, 2024
| PDF · Subscribers | |
Order appointing Receiver – dated July 31, 2024
| PDF · Subscribers | |
Factum of the Applicant, The Toronto Dominion Bank – dated July 29, 2024
| PDF · Subscribers | |
| First Report of the Interim Receiver – dated July 29, 2024 | PDF · Subscribers | |
Motion Record – dated July 29, 2024
| PDF · Subscribers | |
| Application-Record – dated July 17,2024 | PDF · Subscribers | |
Endorsement – dated July 19, 2024
| PDF · Subscribers | |
Order (Appointing Interim receiver) – dated July 19, 2024
| PDF · Subscribers | |
Factum of the Applicant, The Toronto Dominion Bank dated July 18, 2024
| PDF · Subscribers | |
| Pre-Filing Report of the Proposed Interim Receiver – dated July 18, 2024 | PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “Buchh Holding Inc. et al.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/buchh-holding-inc
Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/buchh-holding-inc
Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.