[41] Bill 17 Royal Assent (PDF)

Bill PR17 2015

An Act to revive 731149 Ontario Limited

Preamble

Allan Gordon has applied for special legislation to revive 731149 Ontario Limited. The applicant represents that he was a shareholder of the corporation when it was dissolved. The corporation was dissolved under the Business Corporations Act on June 18, 1994 for failure to comply with the Corporations Information Act. The applicant represents that the default was inadvertent and that he 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.

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.  731149 Ontario Limited 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

   2.  This Act comes into force on the day it receives Royal Assent.

Short title

   3.  The short title of this Act is the 731149 Ontario Limited Act, 2015.

[41] Bill 17 Original (PDF)

Bill PR17 2015

An Act to revive 731149 Ontario Limited

Preamble

Allan Gordon has applied for special legislation to revive 731149 Ontario Limited. The applicant represents that he was a shareholder of the corporation when it was dissolved. The corporation was dissolved under the Business Corporations Act on June 18, 1994 for failure to comply with the Corporations Information Act. The applicant represents that the default was inadvertent and that he 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.

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.  731149 Ontario Limited 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

   2.  This Act comes into force on the day it receives Royal Assent.

Short title

   3.  The short title of this Act is the 731149 Ontario Limited Act, 2015.

 

EXPLANATORY NOTE

The purpose of the Bill is set out in the Preamble.