Projet de loi PR15, DSPT International (Canada) Inc. Act, 2015

Projet de loi PR15 2015

An Act to revive DSPT International (Canada) Inc.

Preamble

Velda Dorigo has applied for special legislation to revive DSPT International (Canada) Inc.  The applicant represents that she is the estate trustee of the estate of Vittorio Dorigo, who was the sole shareholder, director and officer of the corporation at the time of its dissolution.  The corporation was voluntarily dissolved under the Business Corporations Act on June 4, 2013 pursuant to articles of dissolution.  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.  DSPT International (Canada) 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.

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 DSPT International (Canada) Inc. Act, 2015.

Projet de loi PR15 2015

An Act to revive DSPT International (Canada) Inc.

Preamble

Velda Dorigo has applied for special legislation to revive DSPT International (Canada) Inc.  The applicant represents that she is the estate trustee of the estate of Vittorio Dorigo, who was the sole shareholder, director and officer of the corporation at the time of its dissolution.  The corporation was voluntarily dissolved under the Business Corporations Act on June 4, 2013 pursuant to articles of dissolution.  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.  DSPT International (Canada) 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.

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 DSPT International (Canada) Inc. Act, 2015.

EXPLANATORY NOTE

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