p42 s1 bill pr47 Pr47 e.pdf

Ontario — Debates (Hansard)

1ST SESSION, 42ND LEGISLATURE, ONTARIO ELIZABETH II, 2021 Bill Pr47

An Act to revive Wemax Real Estate Inc. Mr. G. Singh Private Bill 1st Reading March 30, 2021 2nd Reading 3rd Reading Royal Assent Bill Pr47

An Act to revive Wemax Real Estate Inc.

Preamble Thanakumar Subramaniam has applied for special legislation to revive Wemax Real Estate Inc. The applicant represents that he was a director of the corporation at the time of its dissolution. The corporation was dissolved under the Business Corporations Act on June 10, 2019 pursuant to articles of dissolution. The applicant would like to revive the corporation in order to collect certain monies owing to it. 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 Wemax Real Estate 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 Wemax Real Estate Inc. Act, 2021. ______________ EXPLANATORY NOTE The purpose of the Bill is set out in the

Preamble.

Document details

Collection	Ontario — Debates (Hansard)
Citation	p42 s1 bill pr47 Pr47 e.pdf
Type	bill
Volume / chapter	p42 s1 bill pr47 Pr47 e.pdf
Language	en
Format	pdf
Source	PROVINCIAL
Identifier	fc4b591874754123b26f5c70725215093001c30a

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