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Bill PR20, 414087 Ontario Limited Act, 2023

Saunderson, Brian

Royal Assent received. Statutes of Ontario 2023,

chapter Pr12

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Status

Royal Assent

Original

Bill PR20 Royal Assent (PDF)

Bill PR20 2023

Act to revive 414087 Ontario Limited

Preamble

Marian

Grexton has applied for special legislation to revive 414087 Ontario Limited.

The applicant represents that she was a director, officer and shareholder of

the corporation when it was dissolved. The corporation was dissolved under the Business Corporations Act on December 10, 1994 for

failure to comply with subsection 241 (3) of that Act. The applicant represents

that she would like to revive the corporation in order to deal with certain

real property that was held in the corporation’s name at the time of the

dissolution.

is appropriate to grant the application.

Therefore,

His Majesty, by and with the advice and consent of the Legislative Assembly of

the Province of Ontario, enacts as follows:

Corporation

revived

Ontario Limited is revived and is, subject to any rights acquired by any person

after its dissolution, restored to its legal position, including all its

property, rights, privileges and franchises and subject to all its liabilities,

contracts, disabilities and debts, as of the date of its dissolution, in the

same manner and to the same extent as if it had not been dissolved.

Commencement

This Act comes into force on the day it receives Royal Assent.

Short

title

The

short title of this Act is the 414087 Ontario Limited Act, 2023 .

Bill PR20 Original (PDF)

EXPLANATORY

NOTE

The

purpose of the Bill is set out in the

Preamble.

Bill PR20 2023

Act to revive 414087 Ontario Limited

Preamble

Marian

Grexton has applied for special legislation to revive 414087 Ontario Limited.

The applicant represents that she was a director, officer and shareholder of

the corporation when it was dissolved. The corporation was dissolved under the Business Corporations Act on December 10, 1994 for

failure to comply with subsection 241 (3) of that Act. The applicant represents

that she would like to revive the corporation in order to deal with certain

real property that was held in the corporation’s name at the time of the dissolution.

is appropriate to grant the application.

Therefore,

His Majesty, by and with the advice and consent of the Legislative Assembly of

the Province of Ontario, enacts as follows:

Corporation

revived

Ontario Limited is revived and is, subject to any rights acquired by any person

after its dissolution, restored to its legal position, including all its

property, rights, privileges and franchises and subject to all its liabilities,

contracts, disabilities and debts, as of the date of its dissolution, in the

same manner and to the same extent as if it had not been dissolved.

Commencement

This Act comes into force on the day it receives Royal Assent.

Short

title

The

short title of this Act is the 414087 Ontario Limited

Act, 2023 .

Date Bill stage Event Outcome Committee

May 18, 2023

Royal Assent

Royal Assent received

May 18, 2023

Third Reading

Vote

Carried

May 18, 2023

Third Reading

Question put

May 18, 2023

Second Reading

Ordered for Third Reading

May 18, 2023

Second Reading

Vote

Carried

May 18, 2023

Second Reading

Question put

March 29, 2023

First Reading

Ordered for Second Reading

March 29, 2023

First Reading

Vote

Carried

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