Health and Beauty Inc. et al. are the subject of a court-appointed receivership proceeding in the Ontario Superior Court of Justice (In Bankruptcy and Insolvency), commenced on August 9, 2024 under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding was opened by a Notice of Application dated August 9, 2024 and carries court file number CV-24-00725775-00CL. The matter remains active, and the record reflects no steps after the commencement date.
The court granted an approval and vesting order for the sale to 1155 Boundary GP Inc., as general partner for and on behalf of 1155 Boundary Limited Partnership. Closing terms, as extracted: vesting effective upon delivery of the Receiver's Certificate confirming payment of the Purchase Price and satisfaction/waiver of closing conditions.
Source: Approval and Vesting Order
Sale Approval Motion Record - Returnable on December 5, 2025 — Application / notice of application
The court appointed MNP Ltd. as receiver, on the application of CANADIAN WESTERN BANK. Court file CV-24-00725775-00CL.
Notice of Application dated August 9, 2024 opened the receivership proceeding in the Ontario Superior Court of Justice under court file CV-24-00725775-00CL.
Source: Application Record dated
Debtor
Health and Beauty Inc. et al.
Receiver
MNP
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Dietrich | Ontario Superior Court of Justice | 3 orders, Dec 2025 | 132 cases on record |
| Justice Osborne | Ontario Superior Court of Justice | 2 orders, Oct 2024 | 168 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverMNP | Chaitons LLP | 5 Dec 2025 | Factum · 4 Dec 2025 |
| Applicant | Chaitons LLP | 18 Oct 2024 | Order · 18 Oct 2024 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | MHZ Capital Group Ltd. and 2057123 Ontario Inc.Charge registered July 31, 2023 as Instrument No. DR2280727 against Units 1 and 2, 1155 Boundary Road — Second mortgagee; Bank states it was not made aware of nor consented to this registration. — debtor: GL & RM Inc. · as of 31 Jul 2023 | $2M | Application Record dated |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 5 | PMSI / lessors |
6 more claims in 2 classes The stack holds Secured and PMSI / lessors claims.
Every creditor and every amount, drawn to scale.
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See all plansThis proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.
Sale approved — the Transaction is hereby approvedApproval and Vesting Order · 5 Dec 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| 1155 Boundary GP Inc., as general partner for and on behalf of 1155 Boundary Limited Partnershipall of the Debtor's right, title and interest in and to the assets more particularly described in the Sale Agreement (the 'Purchased Assets') · real property · agreement 16 Sep 2025 | not stated | Approved5 Dec 2025 | Approval and Vesting Order |
National Bank of Canada: shortfall.EstimatedMotion Record · 6 Aug 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | National Bank of Canada | — | shortfall | Estimatedper the receiver | Motion Record · 6 Aug 2025 |
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.
2 engagements · 2 firms — latest: Chaitons LLP, 22 Oct 2024 – 30 Jun 2025, in feesMotion Record · 6 Aug 2025
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Chaitons LLPCounsel | 22 Oct 2024 – 30 Jun 2025 | — | not stated | Motion Record · 6 Aug 2025 | |
| MNP Ltd.Receiver | to 30 Jun 2025 | — | — | Motion Record · 6 Aug 2025 |
2 blurred figures above
What each firm billed — each as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Ancillary Relief Order
| PDF · Subscribers | |
Approval and Vesting Order
| PDF · Subscribers | |
Endorsement of Justice J. Dietrich
| PDF · Subscribers | |
Factum of the Receiver - Sale Approval Motion Returnable on December 5, 2025
| PDF · Subscribers | |
| Sale Approval Motion Record - Returnable on December 5, 2025 | PDF · Subscribers | |
Motion Record
| PDF · Subscribers | |
Appointment order of Osborne J. dated
| PDF · Subscribers | |
Endorsement of Osborne J. dated
| PDF · Subscribers | |
| Factum of the Applicant dated | PDF · Subscribers | |
Application Record dated
| 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., “Health and Beauty Inc. et al.” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 4 November 2026, https://proceedings.ca/case/health-and-beauty
Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/health-and-beauty
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.