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OntarioPassed42nd Parliament, 1st Session

Bill PR48 explained in plain English

Darvey Holdings Limited Act, 2021

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

At a glance

Jurisdiction
Ontario Legislature
Legislature / Parliament
Legislative Assembly of Ontario
Session
42nd Parliament, 1st Session
Bill number
Bill PR48
Full title
Darvey Holdings Limited Act, 2021
Current status
Passed
Latest event
Royal Assent received
Last updated
Jun 3, 2021

Official Legislative Assembly of Ontario snapshot for 42nd 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 3, 2021
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

The Darvey Holdings Limited Act, 2021, revives the dissolved corporation Darvey Holdings Limited, restoring its legal standing and assets, subject to acquired third-party rights.

What It Means

This Act revives Darvey Holdings Limited. The company was voluntarily dissolved on August 31, 2020. This revival restores the company to its legal position as it was before dissolution, including its property, rights, and liabilities. This is subject to any rights that others may have acquired since the company's dissolution. The Act also specifies its short title as the Darvey Holdings Limited Act, 2021, and states that it came into force on the day it received Royal Assent.

What This Bill Does
  • Revives Darvey Holdings Limited.
  • Restores Darvey Holdings Limited to its legal position, including its property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts, as if it had not been dissolved.
  • Specifies that the revival is subject to any rights acquired by any person after the company's dissolution.
  • Establishes the short title of the Act as the Darvey Holdings Limited Act, 2021.
  • States that the Act comes into force on the day it receives Royal Assent.
Who Is Affected
  • Darvey Holdings Limited
  • Harvey Cardwell (applicant and former president/sole director)
  • Any persons who acquired rights related to Darvey Holdings Limited's assets or liabilities after its dissolution.
Rights, Duties, Or Obligations
  • Darvey Holdings Limited is restored to its legal position, including all its property, rights, privileges, and franchises.
  • Darvey Holdings Limited is subject to all its former liabilities, contracts, disabilities, and debts.
  • The revival is subject to any rights acquired by any person after the corporation's dissolution.
Important Dates
  • The Act came into force on the day it received Royal Assent (June 3, 2021).
Uncertainties Or Limits
  • The revival of Darvey Holdings Limited is explicitly subject to any rights that may have been acquired by any person after its dissolution. The extent or nature of these pre-existing rights is not specified in the Act.
Laws Or Regulations Affected
Darvey Holdings Limited
revival

Darvey Holdings Limited is revived and restored to its previous legal status and its property, rights, and liabilities are reinstated, as if it had not been dissolved. This is subject to any rights others may have gained after its dissolution.

The Business Corporations Act
indirect effect

The Act is a specific piece of legislation that overrides the dissolution process for Darvey Holdings Limited, which was initially dissolved under the Business Corporations Act.

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
Jun 2, 2021
Step 2
Second reading
Jun 2, 2021
Step 3
Committee review
May 5, 2021
Step 4
Third reading
Jun 2, 2021
Step 5
Royal assent
Jun 3, 2021

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
John Fraser
Ontario Liberal Party | Ottawa South
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