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Ontario Bill PR28

43rd Parl. 1st Sess.
December 06, 2023
  • This is a law called the South Simcoe Developments Inc. Act, 2023. It is about reviving a corporation called South Simcoe Developments Inc. The person who applied for this law, Alon Szpindel, used to be a director and president of the corporation when it was dissolved. Despite being dissolved, the corporation has still been doing business, and Alon wants to revive it so that it can continue operating. The law states that the corporation will be revived and restored to its previous legal position, including all its property, rights, and debts. The law will come into effect once it receives Royal Assent.
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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.