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OntarioPassed41st Parliament, 1st Session

Bill PR22 explained in plain English

1476263 Ontario Inc. Act, 2015

Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.

At a glance

Jurisdiction
Ontario Legislature
Legislature / Parliament
Legislative Assembly of Ontario
Session
41st Parliament, 1st Session
Bill number
Bill PR22
Full title
1476263 Ontario Inc. Act, 2015
Current status
Passed
Latest event
Royal Assent received
Last updated
Jun 4, 2015
Sponsor

Official Legislative Assembly of Ontario snapshot for 41st Parliament, 1st Session. Representative vote breakdowns appear when the Assembly publishes an Ayes and Nays page for the bill.

Chamber
Legislative Assembly of Ontario
Current Stage
Royal Assent received
Latest Activity
Jun 4, 2015
Sponsor
Plain-language explanation
In plain English (our explanation)

Our plain-language take, written for civic education.

Source: By PoliticalData.ca

AI-assisted, reviewed before publishing
Short Version

Bill PR22, the 1476263 Ontario Inc. Act, 2015, revives the dissolved corporation 1476263 Ontario Inc. to allow it to pursue legal action.

What It Means

This private bill revives the corporation 1476263 Ontario Inc., which was dissolved on November 16, 2010, for failing to comply with section 115 of the Business Corporations Act. The revival restores the corporation to its legal position as if it had not been dissolved, subject to any rights acquired by others after its dissolution. The applicant, Elaine Hristovski, wishes to revive the corporation to initiate legal proceedings concerning the acquisition of certain assets. The Act came into force on the day it received Royal Assent.

What This Bill Does
  • Revives the corporation 1476263 Ontario Inc.
  • Restores 1476263 Ontario Inc. to its legal position as it was before it was dissolved, including its property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts.
  • Ensures that the revival is subject to any rights that may have been acquired by any person after the corporation's dissolution.
  • Specifies that the Act came into force on the day it received Royal Assent.
Who Is Affected
  • 1476263 Ontario Inc.
  • Elaine Hristovski (applicant)
  • William Hristovski (previous shareholder)
  • 621029 Ontario Inc. (previous shareholder)
  • The public, specifically any individuals who may have acquired rights after the dissolution of 1476263 Ontario Inc.
Rights, Duties, Or Obligations
  • 1476263 Ontario Inc. is restored to all its property, rights, privileges, and franchises.
  • 1476263 Ontario Inc. remains subject to all its liabilities, contracts, disabilities, and debts.
  • The revival is subject to any rights acquired by any person after the corporation's dissolution.
Important Dates
  • The corporation 1476263 Ontario Inc. was dissolved on November 16, 2010.
  • The Act received Royal Assent and came into force on June 4, 2015.
Uncertainties Or Limits
  • The extent of 'any rights acquired by any person after its dissolution' is not specified in the bill text.
  • The specific 'legal proceedings respecting the acquisition of certain assets' that the applicant wishes to institute are not detailed.
Laws Or Regulations Affected
Business Corporations Act
amended by revival of corporation

This Act allows for the revival of 1476263 Ontario Inc., which was previously dissolved under this Act for failing to comply with section 115.

Source: Preamble, Section 1

1476263 Ontario Inc. Act, 2015
commencement

This Act came into force on the day it received Royal Assent.

Source: Section 2

Generated using AI from official bill text. Not legal advice. It is written by PoliticalData.ca for civic education, automatically checked and spot-reviewed before publishing.

Official text

Process Snapshot

Step 1
First reading
May 27, 2015
Step 2
Second reading
Jun 4, 2015
Step 3
Committee review
Jun 3, 2015
Step 4
Third reading
Jun 4, 2015
Step 5
Royal assent
Jun 4, 2015

Vote Summary

No published recorded division

This bill does not have a published recorded division in the current official sources, so representative-by-representative vote counts are not shown.

Sponsor
Tim Hudak
Sponsor party or district not listed
Jurisdiction
Ontario Legislature

No published representative vote breakdown

The current official sources do not publish a recorded division breakdown for this bill, so there is no representative-by-representative table to show.

Official sources

Status, sponsor, votes, and timeline on this page are drawn from these official legislative sources and public records. Each summary above is attributed to its own source.

How this data is sourced