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Bill PR41, 2560462 Ontario Ltd. Act, 2021

Crawford, Stephen

Royal Assent received. Statutes of Ontario 2021,

chapter Pr5

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Status

Royal Assent

Original

Bill PR41 Royal Assent (PDF)

Bill PR41 2021

Act to revive 2560462 Ontario Ltd.

Preamble

Jiacheng

Diao has applied for special legislation to revive 2560462 Ontario Ltd. The

applicant represents that he was a director of the corporation at the time of

dissolution. The corporation was dissolved under the Business

Corporations Act on September 28, 2018 for failure to comply with subsection

118 (3) of that Act. The applicant would like to revive the corporation in

order to deal with certain outstanding tax matters relating to the corporation

and to carry on business in the name of the corporation.

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 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, 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 2560462 Ontario Ltd.

Act, 2021 .

Bill PR41 Original (PDF)

EXPLANATORY

NOTE

The

purpose of the Bill is set out in the

Preamble.

Bill PR41 2021

Act to revive 2560462 Ontario Ltd.

Preamble

Jiacheng

Diao has applied for special legislation to revive 2560462 Ontario Ltd. The

applicant represents that he was a director of the corporation at the time of

dissolution. The corporation was dissolved under the Business

Corporations Act on September 28, 2018 for failure to comply with subsection

118 (3) of that Act. The applicant would like to revive the corporation in

order to deal with certain outstanding tax matters relating to the corporation

and to carry on business in the name of the corporation.

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 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, 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 2560462 Ontario Ltd.

Act, 2021 .

Date Bill stage Event Outcome Committee

June 3, 2021

Royal Assent

Royal Assent received

June 2, 2021

Third Reading

Vote

Carried

June 2, 2021

Third Reading

Question put

June 2, 2021

Second Reading

Ordered for Third Reading pursuant to the Order of the House

June 2, 2021

Second Reading

Vote

Carried

June 2, 2021

Second Reading

Question put

June 2, 2021

First Reading

Motion to arrange proceedings

March 31, 2021

First Reading

Ordered for Second Reading

March 31, 2021

First Reading

Reported without amendment

March 31, 2021

First Reading

Consideration of a Bill

Standing Committee on Regulations and Private Bills

March 22, 2021

First Reading

Ordered referred to Standing Committee

Standing Committee on Regulations and Private Bills

March 22, 2021

First Reading

Vote

Carried

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