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Bill PR41, 2771280 Ontario Inc. Act, 2026

Sabawy, Sheref

Current status:

Royal Assent received. Statutes of Ontario 2026,

chapter Pr22

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Status

Royal Assent

Original

Bill PR41 Royal Assent (PDF)

Bill PR41 2026

Act to revive 2771280 Ontario Inc.

Preamble

Laxmi Karkee has applied for special legislation

to revive 2771280

Ontario Inc. The applicant

represents that she was a director of the corporation when it was dissolved.

The corporation was dissolved under the Business

Corporations Act pu rsuant to

articles of dissolution on September 5, 2024. The applicant represents that she

would like to revive the corporation in order to deal with certain real 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 2771280 Ontario Inc.

Act, 2026 .

Bill PR41 Original (PDF)

EXPLANATORY

NOTE

The

purpose of the Bill is set out in the

Preamble.

Bill PR41 2026

Act to revive 2771280 Ontario Inc.

Preamble

Laxmi Karkee has applied for special legislation

to revive 2771280

Ontario Inc. The applicant

represents that she was a director of the corporation when it was dissolved.

The corporation was dissolved under the Business

Corporations Act pu rsuant to

articles of dissolution on September 5, 2024. The applicant represents that she

would like to revive the corporation in order to deal with certain real 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 2771280 Ontario Inc.

Act, 2026 .

Date Bill stage Event Outcome Committee

June 2, 2026

Royal Assent

Royal Assent received

June 2, 2026

Third Reading

Vote

Carried

June 2, 2026

Third Reading

Question put

June 2, 2026

Second Reading

Ordered for Third Reading

June 2, 2026

Second Reading

Vote

Carried

June 2, 2026

Second Reading

Question put

March 25, 2026

First Reading

Ordered for Second Reading

March 25, 2026

First Reading

Vote

Carried

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