#Filing
Motion Record of the Receiver, Distribution and Discharge, June 19, 2017 — Application / notice of application
Inno-Vite Incorporated
ActiveFollow
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- File
- CV-16-11608-00CL
Filings held10
Last activity19 Jun 2017
On the record3,629 days
OverviewSummary updated
Inno-Vite Incorporated is under a court-appointed receivership ordered November 28, 2016, in the Ontario Superior Court of Justice (Commercial List), court file no. CV-16-11608-00CL, before Justice Hainey. Grant Thornton Limited was appointed receiver of Inno-Vite Incorporated, Trusted Health Group Inc. and Natural Life Sciences Inc. on the application of Royal Bank of Canada under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. Royal Bank of Canada is described as the primary secured creditor of the debtors; Business Development Bank of Canada is also named as a secured creditor of the debtors.
Proceedings AIOpen Proceedings AI
Case updates9 dated entries · 1 undated
#Sale
The court granted an approval and vesting order for the sale to the Debtors' right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets"). Sealed: Sale Agreement appended as confidential appendix to the Report.
#Filing
Motion Record re Sale Transation, Returnable February 2, 2017 — Application / notice of application
#Order
The court appointed Grant Thornton Limited receiver of Inno-Vite Incorporated, Trusted Health Group Inc. and Natural Life Sciences Inc., on Royal Bank of Canada's application, dated November 28, 2016.
#Filing
Application Record re: Appointment of Receiver (Hearing scheduled for November 28, 2016) — Application / notice of application
Undated filings1 — no date appears on the document · show
—
Parties
Debtor
Inno-Vite Incorporated
Receiver
Doane Grant Thornton
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Royal Bank of Canada (RBC) · in 584 casesDescribed as 'the primary secured creditor of the Debtors'; no balance stated on these pages. — debtor: Inno-Vite Incorporated, Trusted Health Group Inc., Natural Life Sciences Inc. | — | First Report of the Receiver dated January 23, 2017 |
| Secured |
1 more claim in 1 class The stack holds Secured claims.
Every creditor and every amount.
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See all plans“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
This 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 processAs stated in the filings
2 transactions · 1 proposed · 1 approved — the Transaction is hereby approved, the Sale Process conducted by the Receiver is hereby approved, nunc pro tuncCourt Order dated February 2, 2017 · 2 Feb 2017
| Purchaser | Price | Status | Source |
|---|---|---|---|
| unnamed; redacted in Sale Agreement, described as an independent partythe Property · asset sale · agreement 16 Jan 2017 | Sealed | Proposed | First Report of the Receiver dated January 23,… |
| Purchaser defined only by reference to the sealed/confidential Sale Agreement; not named in the operative orderthe Debtors' right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · agreement 16 Jan 2017 | Sealed | Approved2 Feb 2017 | Court Order dated February 2, 2017 |
Closing termsVesting occurs upon delivery of the Receiver's Certificate confirming payment of the Purchase Price, satisfaction/waiver of closing conditions, and completion of the Transaction to the Receiver's satisfactionCourt Order dated February 2, 2017
Sealed materialsSale Agreement appended as confidential appendix to the ReportCourt Order dated February 2, 2017
Documents
10 filings
| Date | Document | File |
|---|---|---|
| Motion Record of the Receiver, Distribution and Discharge, June 19, 2017 | PDF · Subscribers | |
Order of Justice Hainey dated June 19, 2017
| PDF · Subscribers | |
Court Order dated February 2, 2017
| PDF · Subscribers | |
| Endorsement dated February 2, 2017 | PDF · Subscribers | |
Motion Record re Sale Transation, Returnable February 2, 2017
| PDF · Subscribers | |
First Report of the Receiver dated January 23, 2017
| PDF · Subscribers | |
Application Record re: Appointment of Receiver (Hearing scheduled for November 28, 2016)
| PDF · Subscribers | |
| Endorsement dated November 28, 2016 | PDF · Subscribers | |
Receivership Order dated November 28, 2016
| PDF · Subscribers | |
| Service List | 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., “Inno-Vite Incorporated” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 5 November 2026, https://proceedings.ca/case/inno-vite-incorporated