p42 s1 bill pr26 Pr26 e.pdf

Ontario — Debates (Hansard)

1ST SESSION, 42ND LEGISLATURE, ONTARIO ELIZABETH II, 2020 Bill Pr26

An Act to revive Ontario Inc. Mr. V. Thanigasalam Private Bill 1st Reading July 15, 2020 2nd Reading 3rd Reading Royal Assent Bill Pr26

An Act to revive Ontario Inc.

Preamble Pradeepraj Mani has applied for special legislation to revive Ontario Inc. The applicant represents that he was a director of the corporation when it was dissolved. The corporation was dissolved under the Business Corporations Act on April 8, 1995 for failure to comply with

section of that Act. The applicant represent s that business has been carried on in the name of the corporation despite the dissolution. 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 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, contrac ts, 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 Inc. Act, 2020. ______________ EXPLANATORY NOTE The purpose of the Bill is set out in the

Preamble.

Document details

Collection	Ontario — Debates (Hansard)
Citation	p42 s1 bill pr26 Pr26 e.pdf
Type	bill
Volume / chapter	p42 s1 bill pr26 Pr26 e.pdf
Language	en
Format	pdf
Source	PROVINCIAL
Identifier	e0f18b2e2f4c5bee4e3e59e1c164a4cd08b04ad9

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