Projet de loi PR1, 1976998 Ontario Inc. Act, 2025

Bill PR1 2025

An Act to revive 1976998 Ontario Inc.

Preamble

Bijun Gong and Zhenyu Gong have applied for special legislation to revive 1976998 Ontario Inc. The applicants represent that they were the directors and shareholders of the corporation when it was dissolved. The corporation was voluntarily dissolved under the Business Corporations Act on July 26, 2023 pursuant to articles of dissolution. The applicants represent that they would like to revive the corporation in order to carry on business in the name of the corporation.

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 1976998 Ontario 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 1976998 Ontario Inc. Act, 2025.

EXPLANATORY NOTE

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

Projet de loi PR1 2025

An Act to revive 1976998 Ontario Inc.

Preamble

Bijun Gong and Zhenyu Gong have applied for special legislation to revive 1976998 Ontario Inc. The applicants represent that they were the directors and shareholders of the corporation when it was dissolved. The corporation was voluntarily dissolved under the Business Corporations Act on July 26, 2023 pursuant to articles of dissolution. The applicants represent that they would like to revive the corporation in order to carry on business in the name of the corporation.

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 1976998 Ontario 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 1976998 Ontario Inc. Act, 2025.