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Bill PR61, 1976998 Ontario Inc. Act, 2024

Dixon, Jess

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Status

Original

Bill PR61 Original (PDF)

EXPLANATORY NOTE

The purpose of the Bill is set out in the

Preamble.

Bill PR61 2024

An Act to revive 1976998 Ontario Inc.

Preamble

Bijun Gong and Zhenyu Gong have applied for special

legislation to revive 1976998 Ontario Inc. The applicants represent that they

were the directors and shareholders of the corporation when it was dissolved.

The corporation was voluntarily dissolved under the Business

Corporations Act on July 26, 2023 pursuant to articles of dissolution.

The applicants represent that they would like to revive the corporation in

order to carry on business in the name of the corporation.

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

1 1976998 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

2 This Act comes into force on the day it receives Royal

Assent.

Short title

3 The

short title of this Act is the 1976998

Ontario Inc. Act, 2024 .

Date Bill stage Event Outcome Committee

December 10, 2024

First Reading

Ordered for Second Reading

December 10, 2024

First Reading

Vote

Carried

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