Proceedings.

Datatax Business Services Limited

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Closed
Proceeding
NOIBIA s. 50.4
Filings held24
Last activity24 Oct 2023
On the record1,116 days
Secured debtSubscribers
OverviewSummary updated

Datatax Business Services Limited filed a notice of intention to make a proposal under BIA s. 50.4 on October 16, 2023, in the judicial centre of Toronto, Ontario. The proceeding is closed. A Statement of Affairs (Form 78) as at October 23, 2023, sworn by Brent Houlden at the entity level for Old DBSL Ltd., reported total assets of $1.00 against total liabilities of $2,117,709.21, a deficiency of $2,117,708.21, with preferred creditors and contingent liabilities both nil. Fiera Private Fund VI L.P. was listed with a claim of $836,588.00 secured against GST/HST for 2022, the security valued at $1.00 and the $836,587.00 balance reclassified as unsecured. Other unsecured claims included the Canada Revenue Agency at $1,066,923.98 as a deemed trust class claim, RSM Canada LLP at $73,500.00, Blaney McMurtry LLP at $62,658.66, DLA Piper (Canada) LLP at $41,246.57 and Felesky Flynn LLP at $36,792.00.

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Case updates22 dated entries · 2 undated
Undated filings2 — no date appears on the document · show
Parties

Debtor

Datatax Business Services Limited

Proposal trustee

KPMG

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice CavanaghOntario Superior Court of Justice5 orders, Aug 2023 – Oct 2023318 cases on record

Counsel of record

PartyCounselFirst seenSource
Proposal trusteeKPMGBennett Jones LLP5 Oct 2023Service list · 5 Oct 2023
DebtorDatatax Business Services LimitedTyr Law LLP17 Aug 2023Order · 17 Aug 2023
CreditorBank of MontrealDentons Canada LLP5 Oct 2023Service list · 5 Oct 2023
CreditorFiera FP Business Financing Fund, L.PThornton Grout Finnigan LLP5 Oct 2023Service list · 5 Oct 2023
CreditorFiera Private Debt Fund VI L.PStikeman Elliott LLP5 Oct 2023Service list · 5 Oct 2023
CreditorKSV Advisory IncChaitons LLP5 Oct 2023Service list · 5 Oct 2023
CreditorWestern Surety CompanyBorden Ladner Gervais LLP5 Oct 2023Service list · 5 Oct 2023
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredFiera Private Fund VI L.P.Taxes - GST/HST - 2022 — Estimated value of security $1.00; balance of claim $836,587.00 falls to unsecured per List A. Statement of Affairs sworn by Brent Houlden. — debtor: Old DBSL Ltd. · as of 23 Oct 2023$837KNotice to Creditors
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

6 more claims in 1 class The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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RecoveriesAs stated in the filings

Unsecured creditors: no distribution. BMO a distribution · Fiera short.EstimatedMotion Record - Moving Party - Datatax · 4 Oct 2023

ClassCreditorClaimsRecoveryBasisSource
SecuredBMO—Estimatedper the proposal trusteeSecond Report of the Proposal Trustee · 5 Oct 2023
SecuredFiera—shortfallEstimatedper the proposal trusteeSecond Report of the Proposal Trustee · 5 Oct 2023
Unsecured——no distributionEstimatedper the debtorMotion Record - Moving Party - Datatax · 4 Oct 2023

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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Fees and ratesAs stated in the filings

1 engagement · 1 firm — KPMG Inc., 1 Aug – 30 Sep 2023Second Report of the Proposal Trustee · 5 Oct 2023

FirmPeriodHoursFeesRatesSource
KPMG Inc.Proposal trustee1 Aug – 30 Sep 2023——not statedSecond Report of the Proposal Trustee · 5 Oct 2023
Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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Documents
24 filings
DateDocumentFile
Certificate of AssignmentPDF · Subscribers
Termination CertificatePDF · Subscribers
Vesting Certificate - Proposal Trustee - KPMG Inc. - Court Estate File No. 31-2975175PDF · Subscribers
Approval and Vesting Order - Moving Party-Datatax
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Distribution Termination and Fee Approval Order - Moving Party-Datatax
  • Counsel Tyr LLP
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Endorsement of Cavanagh J.
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Factum - Moving Party-DatataxPDF · Subscribers
Second Report of the Proposal Trustee
  • Recovery outcome Entries: per estimated; per estimated · Stated on: 2023-10-05 · Table missing:
  • Fee schedule Subscribers
PDF · Subscribers
Service List - Datatax
  • Counsel Chaitons LLP
PDF · Subscribers
Motion Record - Moving Party - Datatax
  • Recovery outcome Entries: per estimated; per estimated · Table missing:
PDF · Subscribers
Creditor PackagePDF · Subscribers
Endorsement
  • Presiding officer Justice P. Cavanagh
PDF · Subscribers
Order - SEALED
  • Counsel Tyr LLP
  • Presiding officer Justice Cavanagh
PDF · Subscribers
FactumPDF · Subscribers
First Report of the Proposal TrusteePDF · Subscribers
Motion Record - Part 1PDF · Subscribers
Motion Record - Part 2PDF · Subscribers
Motion Record - Part 3PDF · Subscribers
Certificate for the Notice of Intention to Make a Proposal (NOI)PDF · Subscribers
Non-Disclosure AgreementPDF · Subscribers
Notice to Creditors
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
TeaserPDF · Subscribers
Proof of ClaimPDF · Subscribers
ProxyPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Datatax Business Services Limited” (NOI). Retrieved 4 November 2026, https://proceedings.ca/case/datatax-business-services-limited

Sources last checked · summary updated 14 August 2026 · Report a correction · Printed from proceedings.ca/case/datatax-business-services-limited

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.