Bill Pr19 2006

An Act to revive
Golden Dreams Home and Decor Ltd.

Preamble

Helen Myrna Dales has applied for special legislation to revive Golden Dreams Home and Decor Ltd. The applicant represents that she was the sole director of the corporation when it was dissolved. The corporation was dissolved under the Business Corporations Act pursuant to articles of dissolution on August 17, 2004. The applicant represents that the filing was inadvertent and that business has been carried on in the name of the corporation despite 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.  Golden Dreams Home and Decor Ltd. 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 Golden Dreams Home and Decor Ltd. Act, 2006.

Bill Pr19 2006

An Act to revive
Golden Dreams Home and Decor Ltd.

Preamble

Helen Myrna Dales has applied for special legislation to revive Golden Dreams Home and Decor Ltd. The applicant represents that she was the sole director of the corporation when it was dissolved. The corporation was dissolved under the Business Corporations Act pursuant to articles of dissolution on August 17, 2004. The applicant represents that the filing was inadvertent and that business has been carried on in the name of the corporation despite 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.  Golden Dreams Home and Decor Ltd. 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 Golden Dreams Home and Decor Ltd. Act, 2006.

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EXPLANATORY NOTE

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