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OntarioPassed41st Parliament, 3rd Session

Bill PR84 explained in plain English

2297970 Ontario Inc. Act, 2018

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, 3rd Session
Bill number
Bill PR84
Full title
2297970 Ontario Inc. Act, 2018
Current status
Passed
Latest event
Royal Assent received
Last updated
May 7, 2018
Sponsor

Official Legislative Assembly of Ontario snapshot for 41st Parliament, 3rd 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
May 7, 2018
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

This Act revives the corporation 2297970 Ontario Inc., restoring it to its previous legal status.

What It Means

This Act provides for the revival of a corporation named 2297970 Ontario Inc. The corporation was dissolved on September 8, 2016, for failing to comply with section 115 of the Business Corporations Act. The Act 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 Act came into force on May 7, 2018, the day it received Royal Assent.

What This Bill Does
  • Revives the corporation 2297970 Ontario Inc.
  • Restores the corporation to its legal position as it was before its dissolution, including all property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts, as of the date of its dissolution.
  • Specifies that the revival is subject to any rights that may have been acquired by any person after the corporation's dissolution.
  • States that the Act comes into force on the day it receives Royal Assent.
Who Is Affected
  • 2297970 Ontario Inc.
  • 2175015 Ontario Inc. (applicant)
  • First Global Data Ltd. (mentioned in litigation)
  • Shareholders of 2297970 Ontario Inc. (prior and potentially current)
  • Any person who acquired rights after the dissolution of 2297970 Ontario Inc.
Rights, Duties, Or Obligations
  • The corporation is restored to its legal position, including all its property, rights, privileges, and franchises.
  • The corporation is subject to all its liabilities, contracts, disabilities, and debts as of the date of its dissolution.
  • The revival is subject to any rights acquired by any person after the corporation's dissolution.
Important Dates
  • September 8, 2016: Date of dissolution of 2297970 Ontario Inc.
  • May 7, 2018: Date the Act received Royal Assent and came into force.
Uncertainties Or Limits
  • The Act does not specify the exact nature of the rights acquired by any person after the corporation's dissolution, only that the revival is subject to them.
Laws Or Regulations Affected
Business Corporations Act
affected by dissolution

The corporation 2297970 Ontario Inc. was dissolved under this Act for failure to comply with section 115.

Source: Preamble

2297970 Ontario Inc. Act, 2018
commencement

This Act comes into force on the day it receives 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
Apr 24, 2018
Step 2
Second reading
May 7, 2018
Step 3
Committee review
May 2, 2018
Step 4
Third reading
May 7, 2018
Step 5
Royal assent
May 7, 2018

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
Soo Wong
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