Proceedings.

Health and Beauty Inc. et al.

Follow
Active
Proceeding
BankruptcyBankruptcy and Insolvency Act
File
31-3277809
Filings held9
Last activity9 Oct 2025
On the record360 days
Secured debt$10M
OverviewSummary updated

Health and Beauty Inc. and the related debtors are the subject of a bankruptcy proceeding under the Bankruptcy and Insolvency Act, commenced in Ontario on October 18, 2024 under court file number 31-3277810. MNP Ltd. was appointed as receiver that same day, and a court officer report was filed on commencement. The proceeding remains active. No later filings or milestones have been recorded in this file since the October 18, 2024 appointment.

Proceedings AIAsk this case — answers cite the filings
Ask in plain language. The answer comes only from this case’s filings, each one cited.
Enter to send · Shift+Enter for a new line
Case updates9 dated entries
#Report

The officer filed a report. Unit 6 remains tenanted and is being marketed for sale by CBRE Inc., while the Trustee reports that Oshawa 6's books and records were poorly maintained and largely unavailable, prompting investigations into reviewable transactions. Court file 31-3277810.

Source: Trustee's Preliminary Report - GLRM Oshawa 6 Inc.

Parties

Debtor

Health and Beauty Inc. et al.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredCanadian Western Bank (now National Bank of Canada) · in 80 casesFirst ranking security over all of the Property (per legal opinion of Jaffe and Peritz LLP) — Amount per Statement of Affairs dated September 26, 2025; no Proofs of Claim filed as of October 9, 2025 (claims as filed: Nil). Receiver/Trustee opinion confirms Bank holds valid, enforceable, first-ranking security. — debtor: Canadian Logistics House Inc. · as of 26 Sep 2025$10MTrustee's Preliminary Report - Canadian Logistics House Inc.
RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedTrustee's Preliminary Report - GLRM Oshawa 6 Inc. · 9 Oct 2025

ClassCreditorClaimsRecoveryBasisSource
SecuredCanadian Western Bank (now National Bank of Canada)a distributionEstimatedper the trusteeTrustee's Preliminary Report - GLRM Oshawa 6 Inc. · 9 Oct 2025
Unsecuredno distributionEstimatedper the trusteeTrustee's Preliminary Report - GLRM Oshawa 6 Inc. · 9 Oct 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.

Estate financialsReported figures — never derived
Total liabilities at filing$7.18M

As at 26 Sep 2025 · per Claims as per Statement of Affairs dated September 26, 2025; differs from Claims as Filed (proofs of claim received by 5:00 PM EDT October 9, 2025) totalling $2,201,635 · Oshawa 6 bankruptcy estate only (entity-level; not consolidated with related companies HBD, GLRM, CLHI) — Assets: real property Unit 6 (value not stated) and cash on hand of $137,371 as at Date of Bankruptcy (Sept 26, 2025) - no total assets figure given. Liabilities per SOA: Secured $7,000,000, Unsecured $181,746, Preferred Nil, Total $7,181,746; Claims as Filed by Oct 9, 2025: Secured $2,201,635, Unsecured Nil, Preferred Nil, Total $2,201,635.

Cash on hand

$137K

As at 9 Oct 2025Trustee's Preliminary Report - GLRM Oshawa 6 Inc.

Documents
9 filings
DateDocumentFile
Trustee's Preliminary Report - Canadian Logistics House Inc.
  • Appointee MNP Ltd.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 26 September 2025
  • Court file no 31-3277814
  • + 4 more extracted facts
PDF
Trustee's Preliminary Report - GL & RM Inc.
  • Recovery outcome Entries: per estimated · Stated on: 2025-10-09 · Table missing:
PDF
Trustee's Preliminary Report - GLRM Oshawa 6 Inc.
  • Appointee MNP Ltd.
  • Appointee role Licensed Insolvency Trustee
  • Cash on hand $137K · Note: Stated as at the Date of Bankruptcy · As at: 2025-09-26
  • Commencement date 26 September 2025
  • + 8 more extracted facts
PDF
Trustee's Preliminary Report - The Health and Beauty Distributor Inc.
  • Commencement date 26 September 2025
  • Court file no 31-3277809
  • Province Ontario
  • Recovery outcome Entries: per estimated; per estimated · Stated on: 2025-10-09 · Table missing:
PDF
Tear sheet of Newspaper advertisement of First Meeting of CreditorsPDF
Certificate of Appointment - Canadian Logistics House Inc.PDF
Certificate of Appointment - GL & RM Inc.PDF
Certificate of Appointment - GLRM Oshawa 6 Inc.PDF
Certificate of Appointment - The Health and Beauty Distributor Inc.PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Health and Beauty Inc. et al.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/health-and-beauty-inc-et-al

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/health-and-beauty-inc-et-al

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.