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Bill PR43, 2271767 Ontario Inc. Act, 2021

Wai, Daisy

Royal Assent received. Statutes of Ontario 2021,

chapter Pr7

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Status

Royal Assent

Original

Bill PR43 Royal Assent (PDF)

Bill PR43 2021

Act to revive 2271767 Ontario Inc.

Preamble

Richard

Kim has applied for special legislation to revive 2271767 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 February 25, 2019 pursuant to articles of dissolution. The applicant

would like to revive the corporation in order to deal with certain property

that was held in the corporation’s name at the time of the dissolution.

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,

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 2271767 Ontario Inc.

Act, 2021 .

Bill PR43 Original (PDF)

EXPLANATORY

NOTE

The

purpose of the Bill is set out in the

Preamble.

Bill PR43 2021

Act to revive 2271767 Ontario Inc.

Preamble

Richard

Kim has applied for special legislation to revive 2271767 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 February 25, 2019 pursuant to articles of dissolution. The applicant

would like to revive the corporation in order to deal with certain property

that was held in the corporation’s name at the time of the dissolution.

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,

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 2271767 Ontario Inc.

Act, 2021 .

Date Bill stage Event Outcome Committee

June 3, 2021

Royal Assent

Royal Assent received

June 2, 2021

Third Reading

Vote

Carried

June 2, 2021

Third Reading

Question put

June 2, 2021

Second Reading

Ordered for Third Reading pursuant to the Order of the House

June 2, 2021

Second Reading

Vote

Carried

June 2, 2021

Second Reading

Question put

June 2, 2021

First Reading

Motion to arrange proceedings

May 12, 2021

First Reading

Ordered for Second Reading

May 12, 2021

First Reading

Reported without amendment

May 12, 2021

First Reading

Consideration of a Bill

Standing Committee on Regulations and Private Bills

April 29, 2021

First Reading

Ordered referred to Standing Committee

Standing Committee on Regulations and Private Bills

April 29, 2021

First Reading

Vote

Carried

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