p44 s1 bill pr5 Pr05 e.pdf

Ontario — Bills

1ST SESSION, 44TH LEGISLATURE, ONTARIO CHARLES III, 2025 Bill Pr5

An Act to revive Social Asset Measurements Inc. Ms J. Bell Private Bill 1st Reading June 4, 2025 2nd Reading 3rd Reading Royal Assent Bill Pr5

An Act to revive Social Asset Measurements Inc.

Preamble Anshula Chowdhury has applied for special legislation to revive Social Asset Measurements Inc. The applicant represents that they were the director of the corporation when it was dissolved. The corporation was dissolved under the Business Corporations Act on October 1, 2024 pursuant to articles of dissolution. The applicant represents that they would like to revive the corporation in order to deal with certain liabilities that were in the corporation’s name at the time of the dissolution. It is appropriate to grant the application.

Therefore, His Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Ontario, enacts as follows: Corporation revived Social Asset Measurements 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 Social Asset Measurements Inc. Act, 2025. ______________ EXPLANATORY NOTE The purpose of the Bill is set out in the

Preamble.

Document details

Collection	Ontario — Bills
Citation	p44 s1 bill pr5 Pr05 e.pdf
Type	bill
Volume / chapter	p44 s1 bill pr5 Pr05 e.pdf
Language	en
Format	json
Source	PROVINCIAL
Identifier	c2aaafe762add4846b1d99bd092d39d357030a24

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