Bill PR4, Bruno's Alignment Limited Act, 2014

Bill PR4 2014

An Act to revive Bruno's Alignment Limited

Preamble

Janie Pagnutti has applied for special legislation to revive Bruno's Alignment Limited.  The applicant represents that she was a director of the corporation when it was dissolved.  The corporation was dissolved under the Business Corporations Act on October 16, 2012 for failure to comply with subsection 115 (2) of that Act.  The applicant represents that the default was inadvertent and that business has been carried on in the name of the corporation despite the dissolution.  The applicant would also 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.

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.  Bruno's Alignment 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 Bruno's Alignment Limited Act, 2014.

Bill PR4 2014

An Act to revive Bruno's Alignment Limited

Preamble

Janie Pagnutti has applied for special legislation to revive Bruno's Alignment Limited.  The applicant represents that she was a director of the corporation when it was dissolved.  The corporation was dissolved under the Business Corporations Act on October 16, 2012 for failure to comply with subsection 115 (2) of that Act.  The applicant represents that the default was inadvertent and that business has been carried on in the name of the corporation despite the dissolution.  The applicant would also 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.

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.  Bruno's Alignment 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 Bruno's Alignment Limited Act, 2014.

EXPLANATORY NOTE

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