The purpose of the Bill is set out in the Preamble.
Bill PR29 2020
An Act to revive Quadrant Consulting Services Inc.
Nora Fisher has applied for special legislation to revive Quadrant Consulting Services Inc. The applicant represents that she was the president and a director of the corporation at the time of its dissolution. The corporation was dissolved under the Business Corporations Act on December 3, 2014 pursuant to articles of dissolution. The applicant represents that she would like to revive the corporation in order to resume carrying on the business it conducted before its 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:
1 Quadrant Consulting Services 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.
2 This Act comes into force on the day it receives Royal Assent.
3 The short title of this Act is the Quadrant Consulting Services Inc. Act, 2020.