Ontario · Receivership (court-appointed)
Notice and Statement of the Receiver – dated August 9, 2024
Notice to creditors · 9 August 2024
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing7 verified
- financial positionnote: Total secured creditors reported as $3,986,000 (per receiver's statement table, $000's CAD); unsecured/related-party debt stated as approximately $931,562, all owed to related companies, per Company's books and records. · page: 1 · as at: 2023-12-31 · basis: Debtor's most current internal, unaudited financial statements · scope: Buchh Holding Inc. (entity level, holding company) · currency: CAD · total assets: 3555000
- secured creditorsnote: Figure from receiver's statement ($000's CAD table converts to $3,553,000); reported value includes secured loans for which the Company is the guarantor. · page: 2 · as of: 2024-07-31 · amount: 3553000 · debtor: Buchh Holding Inc. · creditor: Toronto Dominion Bank · currency: CAD
- secured creditorsnote: Figure from receiver's statement ($000's CAD table shows $433, exact figure $433,200.00 per Schedule A creditor list); reported value includes secured loans for which the Company is the guarantor. · page: 4 · as of: 2024-07-31 · amount: 433200 · debtor: Buchh Holding Inc. · creditor: BDC Capital Inc. · currency: CAD
- unsecured creditorsnote: Related company · page: 4 · as of: 2024-08-08 · basis: Creditor Mailing List (Schedule A) prepared per Company's books and records · amount: 564040 · debtor: Buchh Holding Inc. · creditor: Rotalec Canada Inc. · currency: CAD
- unsecured creditorsnote: No amount listed in schedule; related company (accounts receivable from this entity noted as estimated nil realization on asset side) · page: 4 · as of: 2024-08-08 · basis: Creditor Mailing List (Schedule A) prepared per Company's books and records · debtor: Buchh Holding Inc. · creditor: Britman Specialty Products Inc · currency: CAD
- unsecured creditorsnote: Related company · page: 4 · as of: 2024-08-08 · basis: Creditor Mailing List (Schedule A) prepared per Company's books and records · amount: 17000 · debtor: Buchh Holding Inc. · creditor: 2371561 Ontario Inc · currency: CAD
- unsecured creditorsnote: Individual creditor · page: 4 · as of: 2024-08-08 · basis: Creditor Mailing List (Schedule A) prepared per Company's books and records · amount: 350521.62 · debtor: Buchh Holding Inc. · creditor: Farhat Buchh · currency: CAD