Projet de loi PR28, South Simcoe Developments Inc. Act, 2023

Projet de loi PR28 2023

An Act to revive South Simcoe Developments Inc.

Preamble

Alon Szpindel has applied for special legislation to revive South Simcoe Developments Inc. The applicant represents that he was a director and the president of the corporation when it was dissolved. The corporation was dissolved under the Business Corporations Act on June 20, 2022 pursuant to articles of dissolution. The applicant represents that business has been carried on in the name of the corporation despite the dissolution and that he would like to revive the corporation in order to continue carrying on its business.

It is appropriate to grant the application.

Therefore, His Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Ontario, enacts as follows:

Corporation revived

1 South Simcoe Developments 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 South Simcoe Developments Inc. Act, 2023.

EXPLANATORY NOTE

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

Bill PR28 2023

An Act to revive South Simcoe Developments Inc.

Preamble

Alon Szpindel has applied for special legislation to revive South Simcoe Developments Inc. The applicant represents that he was a director and the president of the corporation when it was dissolved. The corporation was dissolved under the Business Corporations Act on June 20, 2022 pursuant to articles of dissolution. The applicant represents that business has been carried on in the name of the corporation despite the dissolution and that he would like to revive the corporation in order to continue carrying on its business.

It is appropriate to grant the application.

Therefore, His Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Ontario, enacts as follows:

Corporation revived

1 South Simcoe Developments 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 South Simcoe Developments Inc. Act, 2023.