Projet de loi PR24, Senchura Holdings Ltd. Act, 2013

Projet de loi PR24 2013

An Act to revive Senchura Holdings Ltd.

Preamble

Fred Berofsky has applied for special legislation to revive Senchura Holdings Ltd.  The applicant represents that at the time of the corporation's dissolution, he was a director and the secretary of the corporation.  The corporation was dissolved under the Business Corporations Act on May 28, 1990 for default in complying with the Corporations Tax Act.  The applicant would 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.  Senchura Holdings 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 Senchura Holdings Ltd. Act, 2013.

Projet de loi PR24 2013

An Act to revive Senchura Holdings Ltd.

Preamble

Fred Berofsky has applied for special legislation to revive Senchura Holdings Ltd.  The applicant represents that at the time of the corporation's dissolution, he was a director and the secretary of the corporation.  The corporation was dissolved under the Business Corporations Act on May 28, 1990 for default in complying with the Corporations Tax Act.  The applicant would 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.  Senchura Holdings 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 Senchura Holdings Ltd. Act, 2013.

EXPLANATORY NOTE

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