Proceedings.

Shell-O-Matic Immobilier inc.

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Proceeding
Bankruptcyparagraphe 102(1) de la Loi
File
500-11-058656-204
Filings held1
Last activity14 Aug 2020
On the record2,229 days
Secured debt$1000K
OverviewSummary updated

Shell-O-Matic Immobilier inc. filed an assignment in bankruptcy on 14 August 2020 (court file 500-11-058656-204), with Raymond Chabot Inc. as trustee. Its statement of affairs reports total assets of $2,020,000.00 against total liabilities of $8,629,963.00 — unsecured creditors $5,989,993.00 and secured creditors $2,639,970.00 — for a deficit of $6,609,963.00. The Business Development Bank of Canada holds secured claims of $1,640,000.00 and $999,970.00 on commercial buildings on rue Sainte-Gertrude in Montréal; the largest unsecured claim is an advance from Shell-O-Matic inc. of $3,697,000.00.

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Case updates1 dated entry
Parties

Debtor

Shell-O-Matic Immobilier inc.

Trustee in bankruptcy

Raymond Chabot

Capital structureAs asserted in the filings
stated amounts, drawn to scale · 8 named without a figure
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)Ministère du Revenu du Québec (Mtl) · in 641 casesListed in Liste B (secured creditors) with claim amount of $0.00; deemed trust/regulatory quasi-governmental claimant class — debtor: Shell-O-Matic Immobilier inc. · as of 14 Aug 2020$0Avis de la faillite - Shell-O-Matic Immobilier inc
4SecuredBanque de Développement du Canada · in 151 casesImmeuble commercial sis au 10560, rue Sainte-Gertrude, Montréal (Québec); collateral valued at $670,000.00; unsecured balance of claim: $329,970.00 — Statement of Affairs, sworn by the bankrupt — debtor: Shell-O-Matic Immobilier inc. · as of 14 Aug 2020$1000KAvis de la faillite - Shell-O-Matic Immobilier inc
4SecuredAgence du Revenu du Canada (QC) · in 719 casesListed in Liste B (secured creditors) with claim amount of $0.00 — debtor: Shell-O-Matic Immobilier inc. · as of 14 Aug 2020$0Avis de la faillite - Shell-O-Matic Immobilier inc
8UnsecuredAvance de Shell-O-Matic inc.Related party advance from parent/affiliate Shell-O-Matic inc. — debtor: Shell-O-Matic Immobilier inc. · as of 14 Aug 2020$3.7MAvis de la faillite - Shell-O-Matic Immobilier inc
8UnsecuredBanque de Développement du Canada (Capitale) · in 151 casesdebtor: Shell-O-Matic Immobilier inc. · as of 14 Aug 2020$1.25MAvis de la faillite - Shell-O-Matic Immobilier inc
8UnsecuredCNESST - Montréal · in 147 casesRegulatory claimant (Quebec workplace safety board) — debtor: Shell-O-Matic Immobilier inc. · as of 14 Aug 2020$1.02MAvis de la faillite - Shell-O-Matic Immobilier inc
8UnsecuredAgence du Revenu du Canada (QC) · in 719 casesDeemed trust/regulatory quasi-governmental claim — debtor: Shell-O-Matic Immobilier inc. · as of 14 Aug 2020$21KAvis de la faillite - Shell-O-Matic Immobilier inc
8UnsecuredSalaires et vacances · in 29 casesdebtor: Shell-O-Matic Immobilier inc. · as of 14 Aug 2020$0Avis de la faillite - Shell-O-Matic Immobilier inc
8UnsecuredMinistère du revenu du Québec (TVQ) - Montréal, Quebec · in 641 casesDeemed trust/regulatory quasi-governmental claim (QST) — debtor: Shell-O-Matic Immobilier inc. · as of 14 Aug 2020$0Avis de la faillite - Shell-O-Matic Immobilier inc
8UnsecuredMinistère du Revenu du Québec - TPS · in 101 casesDeemed trust/regulatory quasi-governmental claim (GST) — debtor: Shell-O-Matic Immobilier inc. · as of 14 Aug 2020$0Avis de la faillite - Shell-O-Matic Immobilier inc
8UnsecuredBanque de Montréal · in 43 casesdebtor: Shell-O-Matic Immobilier inc. · as of 14 Aug 2020$0Avis de la faillite - Shell-O-Matic Immobilier inc
8UnsecuredInvestissement Québec · in 99 casesdebtor: Shell-O-Matic Immobilier inc. · as of 14 Aug 2020$0Avis de la faillite - Shell-O-Matic Immobilier inc
8UnsecuredMinistère du revenu du Québec (Impôt) · in 641 casesDeemed trust/regulatory quasi-governmental claim (income tax) — debtor: Shell-O-Matic Immobilier inc. · as of 14 Aug 2020$0Avis de la faillite - Shell-O-Matic Immobilier inc
Estate financialsReported figures — never derived
Total assets at filing$2.02M
Total liabilities at filing$8.63M

As at 14 Aug 2020 · per Statement of Affairs as declared and estimated by the Bankrupt (tel que déclaré et estimé par le Failli) · entity-level - Shell-O-Matic Immobilier inc. (bankrupt corporation) — Deficit of $6,609,963.00 stated; total liabilities of $8,629,963.00 comprises unsecured $5,989,993.00 + secured $2,639,970.00 + preferred $0.00 + contingent $0.00 as itemized in the schedules

Documents1 filing
DateDocumentFile
Avis de la faillite - Shell-O-Matic Immobilier inc
  • Appointee Raymond Chabot Inc.
  • Appointee role syndic
  • Commencement date 14 August 2020
  • Court file no 500-11-058656-204
  • + 5 more extracted facts
PDF

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

CiteProceedings., “Shell-O-Matic Immobilier inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/shell-o-matic-immobilier-inc

Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/shell-o-matic-immobilier-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.