Bill PR8, Good Fortune Corporation Act, 2019
Bill PR8 2019
An Act to revive Good Fortune Corporation
Preamble
Yang Liu has applied for special legislation to revive Good Fortune Corporation. The applicant represents that he was a director and shareholder of the corporation at the time of its dissolution. The corporation was voluntarily dissolved under the Business Corporations Act on August 24, 2017 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
1 Good Fortune Corporation 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 Good Fortune Corporation Act, 2019.
EXPLANATORY NOTE
The purpose of the Bill is set out in the Preamble.
Bill PR8 2019
An Act to revive Good Fortune Corporation
Preamble
Yang Liu has applied for special legislation to revive Good Fortune Corporation. The applicant represents that he was a director and shareholder of the corporation at the time of its dissolution. The corporation was voluntarily dissolved under the Business Corporations Act on August 24, 2017 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
1 Good Fortune Corporation 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 Good Fortune Corporation Act, 2019.
| Date | Bill stage | Event | Outcome | Committee |
|---|---|---|---|---|
| June 6, 2019 | Royal Assent | Royal Assent received | - | - |
| June 6, 2019 | Third Reading | Vote | Carried | - |
| June 6, 2019 | Third Reading | Question put | - | - |
| June 6, 2019 | Second Reading | Ordered for Third Reading pursuant to the Order of the House | - | - |
| June 6, 2019 | Second Reading | Vote | Carried | - |
| June 6, 2019 | Second Reading | Question put | - | - |
| June 6, 2019 | First Reading | Motion to arrange proceedings | - | - |
| April 10, 2019 | First Reading | Ordered for Second Reading | - | - |
| April 10, 2019 | First Reading | Reported without amendment | - | - |
| April 10, 2019 | First Reading | Consideration of a Bill | - | Standing Committee on Regulations and Private Bills |
| March 20, 2019 | First Reading | Ordered referred to Standing Committee | - | Standing Committee on Regulations and Private Bills |
| March 20, 2019 | First Reading | Vote | Carried | - |
