p42 s1 bill pr41 Pr41 e.pdf

Ontario — Bills

1ST SESSION, 42ND LEGISLATURE, ONTARIO ELIZABETH II, 2021 Bill Pr41

An Act to revive Ontario Ltd. Mr. S. Crawford Private Bill 1st Reading March 22, 2021 2nd Reading 3rd Reading Royal Assent Bill Pr41

An Act to revive Ontario Ltd.

Preamble Jiacheng Diao has applied for special legislation to revive 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 outstandi ng tax matters relating to the corporation and to carry on business in the name of the corporation. 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 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, contrac ts, disabilities and debts, as of the date of its dissolution, in the same manner and to the same extent as if it ha d 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 — Bills
Citation	p42 s1 bill pr41 Pr41 e.pdf
Type	bill
Volume / chapter	p42 s1 bill pr41 Pr41 e.pdf
Language	en
Format	json
Source	PROVINCIAL
Identifier	95a0760a3d7e7cb2c45ea4d0c0d3fc517a3651ca

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