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Bill PR39, 778624 Ontario Limited Act, 2026

Bailey, Robert

Current status:

Royal Assent received. Statutes of Ontario 2026,

chapter Pr20

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Status

Royal Assent

Original

Bill PR39 Royal Assent (PDF)

Bill PR39 2026

Act to revive 778624 Ontario Limited

Preamble

Frank

Romano has applied for special legislation to revive 778624 Ontario Limited.

The applicant represents that he is the estate trustee for the estate of Danny

Romano, who was the sole shareholder of the corporation when it was dissolved.

The corporation was dissolved under the Business

Corporations Act on January 7, 1995 for default in complying with the Corporations Tax Act . The applicant would like to revive

the corporation in order to deal with certain property that was held in the

corporation’s name at the time of the dissolution and in order to continue

carrying on the business it conducted before its 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 778624 Ontario Limited

Act, 2026 .

Bill PR39 Original (PDF)

EXPLANATORY

NOTE

The

purpose of the Bill is set out in the

Preamble.

Bill PR39 2026

Act to revive 778624 Ontario Limited

Preamble

Frank

Romano has applied for special legislation to revive 778624 Ontario Limited.

The applicant represents that he is the estate trustee for the estate of Danny

Romano, who was the sole shareholder of the corporation when it was dissolved.

The corporation was dissolved under the Business

Corporations Act on January 7, 1995 for default in complying with the Corporations Tax Act . The applicant would like to revive

the corporation in order to deal with certain property that was held in the

corporation’s name at the time of the dissolution and in order to continue

carrying on the business it conducted before its 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 778624 Ontario Limited

Act, 2026 .

Date Bill stage Event Outcome Committee

June 2, 2026

Royal Assent

Royal Assent received

June 2, 2026

Third Reading

Vote

Carried

June 2, 2026

Third Reading

Question put

June 2, 2026

Second Reading

Ordered for Third Reading

June 2, 2026

Second Reading

Vote

Carried

June 2, 2026

Second Reading

Question put

March 25, 2026

First Reading

Ordered for Second Reading

March 25, 2026

First Reading

Vote

Carried

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