Projet de loi PR30, Rapati Design and Construction Ltd. Act, 2023

Projet de loi PR30 2023

An Act to revive Rapati Design and Construction Ltd.

Preamble

Paul F. Rapati has applied for special legislation to revive Rapati Design and Construction Ltd. The applicant represents that he was the sole director, officer and shareholder of the corporation when it was dissolved. The corporation was voluntarily dissolved under the Business Corporations Act on March 2, 2022 pursuant to articles of dissolution. The applicant represents that he would like to revive the corporation in order to deal with certain real property held in the corporation’s name at the time of dissolution.

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 Rapati Design and Construction 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 Rapati Design and Construction Ltd. Act, 2023.