p42 s2 bill pr70 Pr70 e.pdf

Ontario — Debates (Hansard)

2ND SESSION, 42ND LEGISLATURE, ONTARIO ELIZABETH II, 2022 Bill Pr70

An Act to revive Ontario Inc. Mr. G. Singh Private Bill 1st Reading April 13, 2022 2nd Reading 3rd Reading Royal Assent Bill Pr70

An Act to revive Ontario Inc.

Preamble Rup Lal has applied for special legislation to revive Ontario Inc. The applicant represents that he was the sole director of the corporation when it was dissolved. The corporation was dissolved under the Business Corporations Act on July 29, 2020 pursuant to articles of dissolution. The applicant represents that the dissolution was inadvertent and that he would like to revive the corporation in order to continue carrying on its business. 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, 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 Ontario Inc. Act, 2022. ______________ EXPLANATORY NOTE The purpose of the Bill is set out in the

Preamble.

Document details

Collection	Ontario — Debates (Hansard)
Citation	p42 s2 bill pr70 Pr70 e.pdf
Type	bill
Volume / chapter	p42 s2 bill pr70 Pr70 e.pdf
Language	en
Format	pdf
Source	PROVINCIAL
Identifier	5a5c3052ba959d6ce29148114cb408b1da4e1aa7

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