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.
A claims procedure has been established — see the order for deadlines.
October 23, 2026 report recorded Rotalec Canada as having ceased operations in July 2024 with no assets, and the trustee anticipating no distribution to preferred or ordinary unsecured creditors.
Source: Trustee’s Report First Meeting of Creditors – dated October 23, 2026
Notice of bankruptcy, First meeting of creditors – dated October 14, 2026 — Notice to creditors
The court approved the sale of Buchh's right, title and interest in the UGP shares to Pamposh Holdings Inc., vesting effective on delivery of the Receiver's Certificate confirming closing conditions.
Source: Approval and Vesting Order (Assets) – dated September 17, 2024
Approval and vesting order for the Rotalec Canada asset sale to Continental Capital Investments Inc. at $180,360 cash, the robots excluded, vesting on delivery of the Receiver's Certificate.
Source: Approval and Vesting Order (Shares) – dated September 17, 2024
Supplemental First Report set out the carve-out of seven Doosan robots from the Continental Capital sale, cutting the price from $225,360 to $180,360, and sought approval of the amended agreement.
Source: Supplemental First Report of the Receiver – dated September 17, 2024
Receiver's First Report sought approval of the sale of Buchh Holding's UGP shares to Pamposh Holdings Inc. and of Rotalec Canada's assets to Continental Capital Investments Inc., TD supporting both despite a shortfall.
Source: First Report of the Receiver – dated September 9, 2024
An application was filed on 9 September 2024 in the receivership.
Source: Motion Record of the Receiver (Sale Approval and Distribution) – dated September 9, 2024
Motion Record of the Receiver (Sale Approval and Distribution) – dated September 9, 2024 was filed. Court file CV-24-00723986-00CL.
Source: Motion Record of the Receiver (Sale Approval and Distribution) – dated September 9, 2024
Notice of Statement of the Receiver – dated August 9, 2024 — Notice of receiver (s. 245 / Form 87)
On 31 July 2024 the Ontario Superior Court of Justice made the receivership order, appointing Richter Inc. as receiver.
On 31 July 2024 the Ontario Superior Court of Justice made the receivership order, appointing Richter Inc. as receiver.
The Ontario Superior Court of Justice made the receivership order on 31 July 2024, appointing Richter Inc. as receiver.
The Ontario Superior Court of Justice granted the receivership order on July 31, 2024, appointing Richter Inc. as receiver of the company.
The Toronto-Dominion Bank filed its application for the appointment of a receiver on 29 July 2024.
The Toronto-Dominion Bank filed its application for the appointment of a receiver on 29 July 2024.
The Toronto-Dominion Bank brought its motion, dated July 29, 2024, seeking the appointment of a receiver over Buchh Holding Inc.
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 | 4 orders, Sep 2024 | 168 cases on record |
| Justice Kimmel | Ontario Superior Court of Justice | 2 orders, Jul 2024 | 198 cases on record |
| Justice Black | Ontario Superior Court of Justice | 2 orders, Jul 2024 | 198 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 |
|---|---|---|---|---|
| 4 | 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 |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
30 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plans3 transactions · 2 proposed · 1 approved — the Transaction is hereby approvedApproval and Vesting Order (Assets) – 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… |
Unsecured creditors: no distribution. TD Bank short.EstimatedTrustee’s Report First Meeting of Creditors · 23 Oct 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | TD Bank | — | shortfall | per the receiver | First Report of the Receiver · 9 Sep 2024 |
| Preferred | preferred or ordinary unsecured creditors | — | no distributionconditional | Estimatedper the trustee | Trustee’s Report First Meeting of Creditors · 23 Oct 2026 |
| Unsecured | — | listed | no distribution | Estimatedper the trustee | Trustee’s Report First Meeting of Creditors · 23 Oct 2026 |
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.
1 blurred figure above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plansAs at ·
Cumulative receipts
$708K
As at 5 Sep 2024First Report of the Receiver – dated September 9, 2024
Cumulative disbursements
As at
Cash on hand
As at
Professional fees
As at
3 more reported figures, and the total the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Trustee’s Report First Meeting of Creditors – dated October 23, 2026
| PDF · Subscribers | |
Notice of Bbankruptcy, First Meeting of Creditors
| PDF · Subscribers | |
Notice of Bankruptcy, First Meeting of Creditors – dated Octob
| PDF · Subscribers | |
Notice of bankruptcy, First meeting of creditors – dated October 14, 2026
| PDF · Subscribers | |
| Certificate of Appointment | PDF · Subscribers | |
| Certificate of Appointment – dated October 13, 2026 | PDF · Subscribers | |
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 | |
| Proof of Claim | PDF · Subscribers | |
| Proof of Claim Form | PDF · Subscribers | |
| Proxy | PDF · Subscribers | |
| Proxy Form | PDF · Subscribers | |
| Registration Form | 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 4 November 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.