Bill PR54 explained in plain English
2492725 Ontario Inc. Act, 2021
Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.
At a glance
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.
Our plain-language take, written for civic education.
Source: By PoliticalData.ca
The 2492725 Ontario Inc. Act, 2022 revives the dissolved corporation 2492725 Ontario Inc. and restores it to its legal position.
This Act revives the corporation named 2492725 Ontario Inc. The corporation was dissolved on July 21, 2020. Reviving the corporation means it will be restored to its legal position as if it had never been dissolved, subject to any rights acquired by others after its dissolution. This includes its property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts. The Act comes into force on the day it receives Royal Assent.
- It revives the corporation 2492725 Ontario Inc. that was voluntarily dissolved.
- It restores the corporation to its legal position as if it had never been dissolved, including its property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts.
- This restoration is subject to any rights that may have been acquired by any person after the corporation's dissolution.
- It states that the Act comes into force on the day it receives Royal Assent.
- 2492725 Ontario Inc.
- Omar Mohammad Abujebbeh, the applicant and former sole director and shareholder.
- Any persons who acquired rights related to 2492725 Ontario Inc. after its dissolution.
- The corporation is restored to its legal position, including all its property, rights, privileges, and franchises.
- The corporation 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.
- The corporation 2492725 Ontario Inc. was dissolved on July 21, 2020.
- The Act comes into force on the day it receives Royal Assent.
- The extent of rights acquired by any person after the dissolution of 2492725 Ontario Inc. is not detailed in the Act.
- The specific liabilities, contracts, disabilities, and debts of the corporation are not detailed in the Act.
The corporation 2492725 Ontario Inc. is revived and restored to its legal status as if it had not been dissolved, with its previous rights and liabilities, subject to rights acquired by others after its dissolution.
Source: Section 1
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 textProcess Snapshot
Vote Summary
This bill does not have a published recorded division in the current official sources, so representative-by-representative vote counts are not shown.
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