p42 s1 bill pr45 Pr45 e.pdf

Ontario — Debates (Hansard)

1ST SESSION, 42ND LEGISLATURE, ONTARIO ELIZABETH II, 2021 Bill Pr45

An Act to revive Ontario Ltd. Mr. S. Cho Private Bill 1st Reading February 24, 2021 2nd Reading 3rd Reading Royal Assent Bill Pr45

An Act to revive Ontario Ltd.

Preamble Tomas Tocek has applied for special legislation to revive Ontario Ltd. The applicant represents that he was the director of the corporation when it was dissolved. The corporation was dissolved under the Business Corporations Act on June 27, 2017 pursuant to articles of dissolution. The applicant would like to revive the corporation in order to deal with certain outstanding tax matters relating to the corporation. It is appropriate to grant the application.

Therefore, Her Majesty, by and with the advice and consent of the Legislative Assembly of t he 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 Ontario Ltd. Act, 2021. ______________ EXPLANATORY NOTE The purpose of the Bill is set out in the

Preamble.

Document details

Collection	Ontario — Debates (Hansard)
Citation	p42 s1 bill pr45 Pr45 e.pdf
Type	bill
Volume / chapter	p42 s1 bill pr45 Pr45 e.pdf
Language	en
Format	pdf
Source	PROVINCIAL
Identifier	5b765730356b2f5ae38b0c9425307c97d8e0cd83

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