p42 s2 bill pr75 Pr75 e.pdf

Ontario — Bills

2ND SESSION, 42ND LEGISLATURE, ONTARIO ELIZABETH II, 2022 Bill Pr75

An Act to revive Ontario Inc. Mr. V. Ke Private Bill 1st Reading April 13, 2022 2nd Reading 3rd Reading Royal Assent Bill Pr75

An Act to revive Ontario Inc.

Preamble Tong Jie Zhang has applied for special legislation to revive Ontario Inc. The applicant represents that she was the sole director of the corporation when it was dissolved. The corporation was dissolved under the Business Corporations Act on August 11, 2021 pursuant to articles of dissolution. The a pplicant would like to revive the corporation in order to deal with certain refunds and loan payables that were held in the corporation’s name at the time of the dissolution and to carry on business in the name of the corporation. 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 th e 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, 2022. ______________ EXPLANATORY NOTE The purpose of the Bill is set out in the

Preamble.

Document details

Collection	Ontario — Bills
Citation	p42 s2 bill pr75 Pr75 e.pdf
Type	bill
Volume / chapter	p42 s2 bill pr75 Pr75 e.pdf
Language	en
Format	json
Source	PROVINCIAL
Identifier	e1d3fb448b5c828bffac58134ada4781e089ac8b

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