Proceedings.

Schick's Holdings Inc. et al.

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Proceeding
Court officersections 21.9 and 101 of the Courts of Justice Act and sections 207, 209 and 248 of the Business Corporations Act
File
252/15
Filings held7
Last activity29 Dec 2023
On the record997 days
OverviewSummary updated

Schick's Holdings Inc. et al. are subject to a court-appointed officer proceeding commenced on 29 December 2023 in the Ontario Superior Court of Justice, Family Court, under sections 21.9 and 101 of the Courts of Justice Act and sections 207, 209 and 248 of the Business Corporations Act. BDO Canada Limited acts as sales officer and liquidator. Opco's liabilities of $459,808 exceed its assets, which are held in trust by the liquidator and amounted to approximately $72,600 as at 28 November 2023. Canada Revenue Agency claims of $371,405 and $35,335 are stated as unsecured. The proceeding is carried on court file 252/15.

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A claims procedure has been established — see the order for deadlines.

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Case updates7 dated entries · 1 undated
#Filing

Application filed, commencing the proceeding against Schick's Holdings Inc. in the Ontario Superior Court of Justice under court file number 252/15.

Source: Notice of Motion

#Filing

Application filed in the Ontario Superior Court of Justice on December 21, 2023, commencing the proceeding against 1475459 Ontario Inc under court file number 252/15.

Source: Notice of Motion

Undated filings1 — no date appears on the document · show
Claims

Proof of Claims Form Claims process approved

PDF

Parties

Debtor

1475459 Ontario Inc o/a End of the Roll

Debtor

Schick's Holdings Inc.

Liquidator · Restructuring officer · Restructuring officer

BDO

Capital structureAs asserted in the filings
stated amounts, drawn to scale
Priority classCreditorAmountSource
UnsecuredCanada Revenue Agency · in 926 casesas of October 31, 2023 fiscal year-end (draft corporate tax return) — deemed trust class (corporate income tax); due and payable by December 31, 2023; forecast/draft figure, subject to completion by MNP — debtor: Schick's Holdings Inc. (Holdco)$371KCourt Officer Third Report
UnsecuredCanada Revenue Agency · in 926 casesas of date of this Third Report (December 1, 2023) — deemed trust class (sales tax); Liquidator believes Holdco is actually in a net refund position of approximately $3,889 pending CRA processing of recent filings — debtor: Schick's Holdings Inc. (Holdco)$35.3KCourt Officer Third Report
Fees and ratesAs stated in the filings

2 engagements · 2 firmslatest: (firm not named), , $28,936.08Court Officer Third Report · 1 Dec 2023

FirmPeriodHoursFeesRatesSource
(firm not named)capacity not statedfirm not named in the heading$28,936.08totalnot statedCourt Officer Third Report · 1 Dec 2023
BDO Canada LimitedLiquidator134.4$61,554.50ex. tax$457.99stated averageCourt Officer Third Report · 1 Dec 2023
Estate financialsReported figures — never derived
Total assets at filing$460K

As at 31 Oct 2022 · per fiscal year-end October 31, 2022 financial statements prepared by MNP · entity - 1475459 Ontario Inc. o/a End of the Roll (Opco) — Document states Opco's liabilities of $459,808 (as reported in FY2022 financial statements) greatly exceed its assets, which have all been recovered upon and are held in trust by the Liquidator, currently amounting to approximately $72,600 (as at November 28, 2023, per Interim R&D at page 8). The $459,808 figure is Opco's reported liabilities, not assets; total_assets field mislabelled - see note: this figure represents total liabilities as reported, and total_assets is separately stated as approximately $72,600 held in trust (a recovery/trust balance, not a full asset valuation).

Documents7 filings
DateDocumentFile
Order, Dated December 29, 2023
  • Applicant BDO Canada Limited
  • Appointee BDO Canada Limited
  • Appointee role Court-appointed Sales Officer and Court-appointed Liquidator
  • Commencement date 29 December 2023
  • + 5 more extracted facts
PDF
Order, Dated December 29, 2023PDF
Notice of Motion
  • Applicant BDO Canada Limited
  • Appointee BDO Canada Limited
  • Appointee role Sales Officer and Liquidator
  • Commencement date 21 December 2023
  • + 5 more extracted facts
PDF
Court Officer Third Report
  • Applicant Mervin Brian Schick
  • Appointee BDO Canada Limited
  • Appointee role Sales Officer & Liquidator
  • Commencement date 2 March 2022
  • + 7 more extracted facts
PDF
Instruction Letter for Claimants
  • Appointee BDO Canada Limited
  • Appointee role liquidator
  • Commencement date 6 April 2023
  • Court Ontario Superior Court of Justice, Family Court
PDF
Order, dated April 6, 2023
  • Applicant Mervin Brian Schick
  • Appointee BDO Canada Limited
  • Appointee role liquidator
  • Commencement date 6 April 2023
  • + 5 more extracted facts
PDF
Proof of Claims FormPDF

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

CiteProceedings., “Schick's Holdings Inc. et al.” (Court officer), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/schick-s-holdings-inc

Sources last checked · summary updated 3 September 2026 · Report a correction · Printed from proceedings.ca/case/schick-s-holdings-inc

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.