p42 s1 bill pr24 Pr24ra e.pdf

Ontario — Debates (Hansard)

1ST SESSION, 42ND LEGISLATURE, ONTARIO ELIZABETH II, 2020 Bill Pr24 (Chapter Pr3 of the Statutes of Ontario, 2020)

An Act to revive Ontario Ltd. Mr. V. Thanigasalam 1st Reading July 15, 2020 2nd Reading December 8, 2020 3rd Reading December 8, 2020 Royal Assent December 9, 2020 Bill Pr24

An Act to revive Ontario Ltd.

Preamble Jay Tran has applied for s pecial legislation to revive Ontario Ltd. The applicant represents that he was a director of the corporation when it was dissolved. The corporation was voluntarily dissolved under the Business Corporations Act on September 12, 2017 pursuant to arti cles of dissolution . The applicant would like to revive the corporation in order to institute legal proceedings respecting a contract that the corporation had entered into. 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, 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, 2020.

Document details

Collection	Ontario — Debates (Hansard)
Citation	p42 s1 bill pr24 Pr24ra e.pdf
Type	bill
Volume / chapter	p42 s1 bill pr24 Pr24ra e.pdf
Language	en
Format	pdf
Source	PROVINCIAL
Identifier	a57499a7d37f57c66c6b3a7605e635caabbc4a86

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