p42 s2 bill pr70 Pr70ra e.pdf

Ontario — Debates (Hansard)

2ND SESSION, 42ND LEGISLATURE, ONTARIO ELIZABETH II, 2022 Bill Pr70 (Chapter Pr12 of the Statutes of Ontario, 2022)

An Act to revive Ontario Inc. Mr. G. Singh 1st Reading April 13, 2022 2nd Reading April 28, 2022 3rd Reading April 28, 2022 Royal Assent April 28, 2022 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.

Document details

Collection	Ontario — Debates (Hansard)
Citation	p42 s2 bill pr70 Pr70ra e.pdf
Type	bill
Volume / chapter	p42 s2 bill pr70 Pr70ra e.pdf
Language	en
Format	pdf
Source	PROVINCIAL
Identifier	5e54ef4c3cebd315f40f9bdd8f275f2385bb3f7a

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