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OntarioPassed42nd Parliament, 2nd Session

Bill PR52 explained in plain English

1921628 Ontario Inc. 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, 2nd Session
Bill number
Bill PR52
Full title
1921628 Ontario Inc. Act, 2021
Current status
Passed
Latest event
Royal Assent received
Last updated
Dec 9, 2021
Sponsor

Official Legislative Assembly of Ontario snapshot for 42nd Parliament, 2nd 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
Dec 9, 2021
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

The 1921628 Ontario Inc. Act, 2021, revives the corporation 1921628 Ontario Inc. to allow it to participate in legal proceedings.

What It Means

This private bill, the 1921628 Ontario Inc. Act, 2021, revives the corporation named 1921628 Ontario Inc. The corporation was voluntarily dissolved on November 16, 2020. The bill restores the corporation to its legal standing as if it had not been dissolved, including its property, rights, privileges, liabilities, contracts, disabilities, and debts, provided no new rights have been acquired by any person since its dissolution. The purpose of reviving the corporation is to allow it to participate in legal proceedings. The bill came into effect on the day it received Royal Assent.

What This Bill Does
  • Revives the corporation 1921628 Ontario Inc.
  • Restores the corporation to its legal position as if it had not been dissolved.
  • States that the corporation is subject to any rights acquired by any person after its dissolution.
  • Restores the corporation's property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts as of the date of its dissolution.
  • Specifies that the bill comes into force on the day it receives Royal Assent.
  • Provides the short title of the Act as the 1921628 Ontario Inc. Act, 2021.
Who Is Affected
  • 1921628 Ontario Inc.
  • Yongyi Xu (applicant and former director/shareholder)
  • Persons who may have acquired rights after the dissolution of 1921628 Ontario Inc.
Rights, Duties, Or Obligations
  • The revived corporation retains its property, rights, privileges, and franchises.
  • The revived corporation is subject to its liabilities, contracts, disabilities, and debts from the date of its dissolution.
  • The revival is subject to rights acquired by any person after the corporation's dissolution.
Important Dates
  • The Act received Royal Assent on December 9, 2021.
  • The Act comes into force on the day it receives Royal Assent.
Uncertainties Or Limits
  • The exact nature and extent of 'legal proceedings' the corporation wishes to participate in are not detailed.
  • The scope and implications of 'rights acquired by any person after its dissolution' are not specified in the bill text.
Laws Or Regulations Affected
1921628 Ontario Inc.
revived

The corporation is revived and restored to its legal position as of the date of its dissolution, subject to any rights acquired by others after its dissolution.

Source: Section 1

Business Corporations Act
affected by revival

The voluntary dissolution of 1921628 Ontario Inc. under this Act is effectively reversed by this private bill.

Source: Preamble

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
Dec 9, 2021
Step 2
Second reading
Dec 9, 2021
Step 3
Committee review
Nov 17, 2021
Step 4
Third reading
Dec 9, 2021
Step 5
Royal assent
Dec 9, 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
Daisy Wai
Progressive Conservative Party of Ontario | Richmond Hill
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