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Bill PR24, 1505756 Ontario Inc. Act, 2026

Smith, Laura

Current status:

Royal Assent received. Statutes of Ontario 2026,

chapter Pr8

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Status

Royal Assent

Original

Bill PR24 Royal Assent (PDF)

Bill PR24 2026

Act to revive 1505756 Ontario Inc.

Preamble

Arnold Diker has applied for special

legislation to revive 1505756 Ontario Inc. The applicant represents that he was

a director and officer of the corporation when it was dissolved. The

corporation was voluntarily dissolved under the Business

Corporations Act on September 5, 2024, pursuant to articles of

dissolution. The applicant represents that he would like to revive the

corporation in order to deal with certain property that was held in the

corporation’s name at the time of the dissolution.

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

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 1505756 Ontario Inc.

Act, 2026 .

Bill PR24 Original (PDF)

EXPLANATORY

NOTE

The

purpose of the Bill is set out in the

Preamble.

Bill PR24 2025

Act to revive 1505756 Ontario Inc.

Preamble

Arnold Diker has applied for special

legislation to revive 1505756 Ontario Inc. The applicant represents that he was

a director and officer of the corporation when it was dissolved. The

corporation was voluntarily dissolved under the Business

Corporations Act on September 5, 2024, pursuant to articles of

dissolution. The applicant represents that he would like to revive the

corporation in order to deal with certain property that was held in the

corporation’s name at the time of the dissolution.

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

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 1505756 Ontario Inc.

Act, 2025 .

Date Bill stage Event Outcome Committee

April 15, 2026

Royal Assent

Royal Assent received

April 1, 2026

Third Reading

Vote

Carried

April 1, 2026

Third Reading

Question put

April 1, 2026

Second Reading

Ordered for Third Reading

April 1, 2026

Second Reading

Vote

Carried

April 1, 2026

Second Reading

Question put

November 19, 2025

First Reading

Ordered for Second Reading

November 19, 2025

First Reading

Vote

Carried

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