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Bill PR66, 2704395 Ontario Inc Act, 2022.

Berns-McGown, Rima

Royal Assent received. Statutes of Ontario 2022,

chapter Pr4

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Status

Royal Assent

Original

Bill PR66 Royal Assent (PDF)

Bill PR66 2022

Act to revive 2704395 Ontario Inc.

Preamble

Brendan

Riley has applied for special legislation to revive 2704395 Ontario Inc. The

applicant represents that they were the director of the corporation at the time

of its dissolution. The corporation was dissolved under the Business Corporations Act on March 11, 2020 pursuant to

articles of dissolution. The applicant represents that they would like to

revive the corporation in order to deal with certain outstanding financial matters

relating to 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 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 2704395 Ontario Inc.

Act, 2022 .

Bill PR66 Original (PDF)

EXPLANATORY

NOTE

The

purpose of the Bill is set out in the

Preamble.

Bill PR66 2022

Act to revive 2704395 Ontario Inc.

Preamble

Brendan

Riley has applied for special legislation to revive 2704395 Ontario Inc. The

applicant represents that they were the director of the corporation at the time

of its dissolution. The corporation was dissolved under the Business Corporations Act on March 11, 2020 pursuant to

articles of dissolution. The applicant represents that they would like to

revive the corporation in order to deal with certain outstanding financial matters

relating to 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 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 2704395 Ontario Inc.

Act, 2022 .

Date Bill stage Event Outcome Committee

March 31, 2022

Royal Assent

Royal Assent received

March 29, 2022

Third Reading

Vote

Carried

March 29, 2022

Third Reading

Question put

March 29, 2022

Second Reading

Ordered for Third Reading pursuant to the Order of the House

March 29, 2022

Second Reading

Vote

Carried

March 29, 2022

Second Reading

Question put

March 29, 2022

First Reading

Motion to arrange proceedings

March 23, 2022

First Reading

Ordered for Second Reading

March 23, 2022

First Reading

Reported without amendment

March 23, 2022

First Reading

Consideration of a Bill

Standing Committee on Regulations and Private Bills

March 3, 2022

First Reading

Ordered referred to Standing Committee

Standing Committee on Regulations and Private Bills

March 3, 2022

First Reading

Vote

Carried

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