p42 s2 bill pr52 Pr52ra e.pdf

Ontario — Debates (Hansard)

2ND SESSION, 42ND LEGISLATURE, ONTARIO ELIZABETH II, 2021 Bill Pr52 (Chapter Pr15 of the Statutes of Ontario, 2021)

An Act to revive Ontario Inc. Mrs. D. Wai 1st Reading October 26, 2021 2nd Reading December 9, 2021 3rd Reading December 9, 2021 Royal Assent December 9, 2021 Bill Pr52

An Act to revive Ontario Inc.

Preamble Yongyi Xu has applied for special legislation to revive Ontario Inc. The applicant represents that she was the sole director and shareholder of the corporation at the time of its dissolution. The corporation was voluntarily dissolved under the Business Corporations Act on November 16, 2020 pursuant to articles of dissolution. The applicant would like to revive the corporation in order to participate in legal proceedings. 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 Ontario Inc. 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, contrac ts, 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 Ontario Inc. Act, 2021.

Document details

Collection	Ontario — Debates (Hansard)
Citation	p42 s2 bill pr52 Pr52ra e.pdf
Type	bill
Volume / chapter	p42 s2 bill pr52 Pr52ra e.pdf
Language	en
Format	pdf
Source	PROVINCIAL
Identifier	3667eac5c775bbc106c11ff0f5b85df2c0de0ec8

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