Inno-Vite Incorporated

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Proceeding: Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
Court: Ontario Superior Court of Justice
File: CV-16-11608-00CL

Filings held10

Last activity19 Jun 2017

On the record3,584 days

OverviewSummary updated 6 September 2026

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.

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Case updates9 dated entries · 1 undated

19 Jun 2017

#Filing

Motion Record of the Receiver, Distribution and Discharge, June 19, 2017 — Application / notice of application

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19 Jun 2017

#Order

Order of Justice Hainey dated June 19, 2017 — Discharge order

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2 Feb 2017

#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.

Source: Court Order dated February 2, 2017

6 earlier updates, back to 28 November 2016 — subscribers.

Undated filings1 — no date appears on the document · show

1 filings carry no date on their face — subscribers.

Parties

Debtor

Inno-Vite Incorporated

Receiver

Doane Grant Thornton

Capital structureAs asserted in the filings

Priority class	Creditor	Amount	Source
Secured	Business Development Bank of Canada (BDC) · in 241 casesAlso stated to be a 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

“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.

1 more claim across lower-ranking classes

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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

Bids received

First Report of the Receiver dated January 23, 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

Sealed materialsSale Agreement appended as confidential appendix to the ReportCourt Order dated February 2, 2017

Documents

10 filings

Date	Document	File
19 Jun 2017	Motion Record of the Receiver, Distribution and Discharge, June 19, 2017	PDF · Subscribers

19 Jun 2017	Order of Justice Hainey dated June 19, 2017 Presiding officer Justice Hainey	PDF · Subscribers

2 Feb 2017	Court Order dated February 2, 2017 Order date 2 February 2017 Purchaser Purchaser defined only by reference to the sealed/confidential Sale Agreement; not named in the operative order · the Debtors' right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · approved Sale outcome Sale approved — the Transaction is hereby approved, the Sale Process conducted by the Receiver is hereby approved, nunc pro tunc Sealed items Sale Agreement appended as confidential appendix to the Report + 1 more extracted fact	PDF · Subscribers

2 Feb 2017	Endorsement dated February 2, 2017	PDF · Subscribers

2 Feb 2017	Motion Record re Sale Transation, Returnable February 2, 2017 Applicant ROYAL BANK OF CANADA Appointee Grant Thornton Limited Appointee role Receiver Court SUPERIOR COURT OF JUSTICE + 2 more extracted facts	PDF · Subscribers

23 Jan 2017	First Report of the Receiver dated January 23, 2017 Process results 3 bids Purchaser unnamed; redacted in Sale Agreement, described as an independent party · the Property · asset sale · proposed Sale outcome Approval pending — The Receiver respectfully requests that the Court approve the Sale Agreement and direct the Receiver to complete the Sale Transaction. Financial position Subscribers + 3 more extracted facts	PDF · Subscribers

28 Nov 2016	Application Record re: Appointment of Receiver (Hearing scheduled for November 28, 2016) Applicant ROYAL BANK OF CANADA Court file no CV-16-11608-00CL	PDF · Subscribers

28 Nov 2016	Endorsement dated November 28, 2016	PDF · Subscribers

28 Nov 2016	Receivership Order dated November 28, 2016 Applicant ROYAL BANK OF CANADA Appointee Grant Thornton Limited Appointee role receiver Commencement date 28 November 2016 + 4 more extracted facts	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 20 September 2026, https://proceedings.ca/case/inno-vite-incorporated