Di-Cut Industries Ltd
- Proceeding
- Receivership (private)Section 50.1, Subsections 65.2(4), 81.2(1), 81.3(8), 81.4(8), 81.5, 81.6, 102(2), 124(2), 128(1), and Paragraphs 51(1)(e) and 66.14(b) of the Act
- Industry
- Manufacturing · Wood, paper & printing
Di-Cut Industries Ltd is the subject of insolvency proceedings in Ontario, commenced on February 11, 2016 on the application of 720065 Ontario Limited. Richter Advisory Group Inc. is the appointed officer. The matter remains active.
A claims procedure has been established — see the order for deadlines.
Notice of Wage Earner Protection Program Act (“WEPPA”) – dated March 24, 2016 — Stakeholder communication
Filing of Receivership and Reporting Duites of Receiver – dated February 23, 2016 — Court officer certificate
Notice of Bankruptcy, First Meeting of Creditors – dated February 19, 2016 — Notice to creditors
The court appointed Richter Advisory Group Inc. as Receiver, on the application of 720065 Ontario Limited.
Undated filings1 — no date appears on the document · show
Application Guide for the Wage Earner Protection Program — Court officer report filed
Debtor
Di-Cut Industries Ltd
Receiver
Richter
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | 720065 Ontario Ltd.Business Assets - Machinery, equipment and plant (est. value 537,500.00); Promissory Notes - Di-Cut Industries Ltd. (250,000.00); Debts Due - Accounts Receivable (36,500.00). Total estimated value of security 824,000.00 (when given not stated). — Form 78 List B. Possible related party: same address as debtor (1401 Huntingwood Drive, Scarborough). Amount of claim 2,776,500.00; estimated value of security 824,000.00; unsecured shortfall / balance of claim 1,952,500.00 carried into List A #2 unsecured (page 3). Do not double-count. — debtor: Di-Cut Industries Ltd. | $2.78M | Notice of Bankruptcy, First Meeting of Creditors – dated February 19, 2016 |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
65 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 plansUnsecured creditors: no distribution. 720065 Ontario Inc. short.FinalFinal Report of Receiver · 11 Apr 2019
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | 720065 Ontario Inc. | — | shortfall | Finalper the receiver | Final Report of Receiver · 11 Apr 2019 |
| Unsecured | — | — | no distribution | Finalper the receiver | Final Report of Receiver · 11 Apr 2019 |
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.
As at ·
The 2 totals 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 |
|---|---|---|
Final Report of Receiver – dated April 11, 2019
| PDF · Subscribers | |
| Discharge of Receiver – dated August 8, 2016 | PDF · Subscribers | |
| Notice of Wage Earner Protection Program Act (“WEPPA”) – dated March 24, 2016 | PDF · Subscribers | |
| Filing of Receivership and Reporting Duites of Receiver – dated February 23, 2016 | PDF · Subscribers | |
Notice and Statement of the Receiver – dated February 19, 2016
| PDF · Subscribers | |
Notice of Bankruptcy, First Meeting of Creditors – dated February 19, 2016
| PDF · Subscribers | |
| Certificate of Appointment – dated February 12, 2016 | PDF · Subscribers | |
Proof of Claim
| PDF · Subscribers | |
Appointment of Receiver – dated February 11, 2016
| PDF · Subscribers | |
| Application Guide for the Wage Earner Protection Program | 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., “Di-Cut Industries Ltd” (Receivership (private)). Retrieved 5 November 2026, https://proceedings.ca/case/di-cut-industries-ltd