p44 s1 bill pr7 Pr07 e.pdf

Ontario — Debates (Hansard)

1ST SESSION, 44TH LEGISLATURE, ONTARIO CHARLES III, 2025 Bill Pr7

An Act to revive Ontario Inc. Mr. S. Sabawy Private Bill 1st Reading June 4, 2025 2nd Reading 3rd Reading Royal Assent Bill Pr7

An Act to revive Ontario Inc.

Preamble Gabriel Nussbaum has applied for special legislation to revive Ontario Inc. The applicant represents that he was the director and sole shareholder of the corporation when it was dissolved. The corporation was dissolved under the Business Corporations Act on June 21, 2024 pursuant to articles of dissolution. The applicant would like to revive the corporation in order to participate in legal proceedings. It 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, 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, 2025. ______________ EXPLANATORY NOTE The purpose of the Bill is set out in the

Preamble.

Document details

Collection	Ontario — Debates (Hansard)
Citation	p44 s1 bill pr7 Pr07 e.pdf
Type	bill
Volume / chapter	p44 s1 bill pr7 Pr07 e.pdf
Language	en
Format	pdf
Source	PROVINCIAL
Identifier	f356870d3ee08422393f754fd617e3b06e6cf972

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