An Act to revive 1474486 Ontario Limited — Private Bill PR32 (40th Parliament, 2nd Session)

Bill PR32, 40-2

Ontario — Bills

2ND SESSION, 40TH LEGISLATURE, ONTARIO ELIZABETH II, 2014 Bill Pr32

An Act to revive Ontario Limited Ms P. Sattler Private Bill 1st Reading April 30, 2014 2nd Reading 3rd Reading Royal Assent Printed by the Legislative Assembly of Ontario Bill Pr32

An Act to revive Ontario Limited

Preamble Won Jung Cho has applied for special legislation to revive Ontario Limited. The applicant rep- resents that he was the sole director , officer and shareholder of the corporation when i t was dissolved. The corporation was voluntarily dissolved under the Business Corporations Act on May 2, 2013 pursuant to articles of dissolution. The applicant represents that he would like to revive the corporation in order to institute legal proceedings to acquire certain assets it was entitled to at the time of 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 1. 1474486 Ontario Limited is revived and is, su b- ject to any rights acquired by any person after its di s- solution, 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 r e- ceives Royal Assent.

Short title 3. The

short title of this Act is the On- tario Limited Act, 2014. ______________ EXPLANATORY NOTE The purpose of the Bill is set out in the

Preamble.

Document details

Collection	Ontario — Bills
Citation	Bill PR32, 40-2
Type	bill
Volume / chapter	p40 s2 bill pr32 bill text 40 2 en pr032.pdf
Language	en
Format	pdf
Source	PROVINCIAL
Identifier	e5e4fa72e02e2c2da14a0d778c7061df74ad88b3

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