p42 s2 bill pr68 Pr68 e.pdf

Ontario — Bills

2ND SESSION, 42ND LEGISLATURE, ONTARIO ELIZABETH II, 2022 Bill Pr68

An Act to revive Lunova Machinery Import and Export Ltd. Mr. W. Bouma Private Bill 1st Reading March 31, 2022 2nd Reading 3rd Reading Royal Assent Bill Pr68

An Act to revive Lunova Machinery Import and Export Ltd.

Preamble Xiaoming Lu has applied for special legislation to revive Lunova Machinery Import and Export Ltd. The applicant represents that he was the sole shareholder of the corporation when it was dissolved. The corporation was dissolved under the Business Corporations Act on July 20, 2010 for failure to comply with subsection 118 (3) of that Act , as it read on that date. The applicant represents that the default was inadvertent and that it would like to revive the corporation in order to conduct certain business transactions that require the corporation’s revival. It is appropriate to grant the application.

Therefore, Her Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Ontario, enacts as follows: Corporation revived Lunova Machinery Import and Export Ltd. 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, and shall be deemed for all purposes never to have been dissolved. Commencement This Act comes into force on the day it was filed.

Short title The

short title of this Act is the Lunova Machinery Import and Export Ltd. Act, 2022. ______________ EXPLANATORY NOTE The purpose of the Bill is set out in the

Preamble.

Document details

Collection	Ontario — Bills
Citation	p42 s2 bill pr68 Pr68 e.pdf
Type	bill
Volume / chapter	p42 s2 bill pr68 Pr68 e.pdf
Language	en
Format	json
Source	PROVINCIAL
Identifier	1209103ba2ba60336cea1b1c4e68023ff0c19bf0

Source file is stored in the law ingest library (json).