An Act to revive 422504 Ontario Ltd. — Private Bill PR23 (41st Parliament, 1st Session)

Bill PR23, 41-1

Ontario — Bills

1ST SESSION, 41ST LEGISLATURE, ONTARIO ELIZABETH II, 2015 Bill Pr23

An Act to revive Ontario Ltd. Ms F. Gélinas Private Bill 1st Reading September 14, 2015 2nd Reading 3rd Reading Royal Assent Printed by the Legislative Assembly of Ontario Bill Pr23

An Act to revive Ontario Ltd.

Preamble Joan Watt Giroux has applied for special legislation to revive Ontario Ltd. The applicant represents that she is the estate trustee for James Edward Giroux, who was the sole shareholder o f the corporation when it was dissolved. The corporation was dissolved under the Busi- ness Corporations Act on June 17, 1985 for failu re to comply with that Act. The applicant represents that the default was inadvertent and that she 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 di s- solution.

It is appropriate to grant the application. Therefore, Her Majesty, by and with the advice and co n- sent of the Legislative Assembly o f the Province of O n- tario, enacts as follows: Corporation revived 1. 422504 Ontario Ltd. is revived and is, subject to any rights acquired by any person after its dissolution, r e- stored to its legal position, including all its property, rights, privileges and franchises and subject to all its li a- bilities, 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 2.

This Act comes into force on the d ay it r eceives Royal Assent.

Short title 3. The

short title of this Act is the Ontario Ltd. Act, 2015. ______________ EXPLANATORY NOTE The purpose of the Bill is set out in the

Preamble.

Document details

Collection	Ontario — Bills
Citation	Bill PR23, 41-1
Type	bill
Volume / chapter	p41 s1 bill pr23 bill text 41 1 en pr023.pdf
Language	en
Format	pdf
Source	PROVINCIAL
Identifier	4b32babbd91c398a38e0434b6890f2d12e39b14f

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