Bill PR63 explained in plain English
Superior Corporate Services Limited Act, 2022
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
Bill PR63 revives Superior Corporate Services Limited, a corporation dissolved in 1989, and restores it to its legal position so that legal action can be commenced on behalf of the dissolved corporation.
Bill PR63 is a private bill introduced by Mr. J. Fraser to revive a corporation called Superior Corporate Services Limited. This company was dissolved (officially ended) on January 31, 1989, because it failed to follow the requirements of the Corporations Tax Act. The corporation was dissolved under the Business Corporations Act. Mary Kathleen Young, who is the executor and trustee of Bruce Malcolm Young's estate, has applied for this special legislation. Bruce Malcolm Young was the director and sole owner of the corporation when it was dissolved. The reason for reviving the corporation is to allow legal action to be commenced on behalf of the dissolved corporation. When the corporation is revived, it will be restored to the same legal position it had when it was dissolved, and it will be subject to all its old liabilities, contracts, disabilities, and debts. However, any property, rights, privileges, or franchises that were forfeited to and became the property of the Crown (the Crown owns it now) when the corporation was dissolved will not be returned to the corporation unless the return happens in a specific way described in other provincial laws (the Forfeited Corporate Property Act, 2015, the Escheats Act, 2015, or the Mining Act), or unless the Ontario Superior Court of Justice orders otherwise. The Act comes into force as soon as it receives Royal Assent.
- Revives Superior Corporate Services Limited, a corporation that was dissolved on January 31, 1989
- Restores the corporation to its legal position as it existed on the date of dissolution
- Makes the revived corporation subject to all liabilities, contracts, disabilities, and debts that existed at the time of dissolution
- Preserves property, rights, privileges, and franchises that became the property of the Crown upon dissolution, except as permitted under the Forfeited Corporate Property Act, 2015, the Escheats Act, 2015, the Mining Act, or by order of the Ontario Superior Court of Justice
- Protects any property, rights, privileges, or franchises acquired by other persons after the dissolution
- Allows legal action to be commenced on behalf of the revived corporation
- Superior Corporate Services Limited (the revived corporation)
- Mary Kathleen Young (executor and trustee of Bruce Malcolm Young's estate, the applicant for revival)
- The estate of Bruce Malcolm Young (the deceased former director and sole shareholder)
- Any persons who acquired property, rights, privileges, or franchises from the dissolved corporation after its dissolution on January 31, 1989
- The Crown (provincial government), which holds property and rights that forfeited to it upon the dissolution
- The revived corporation is restored to its legal position as of the date of dissolution
- The revived corporation becomes subject to all liabilities, contracts, disabilities, and debts that existed at dissolution
- The revived corporation is subject to property, rights, privileges, and franchises acquired by other persons after dissolution
- The Crown retains ownership of property, rights, privileges, and franchises that were forfeited to it upon dissolution, subject to specific exceptions
- Legal action can be commenced on behalf of the revived corporation
- The corporation was dissolved on January 31, 1989
- This Act comes into force on the day it receives Royal Assent (received Royal Assent in 2022, specific date not provided in excerpt)
- The exact date of Royal Assent is not specified in the provided bill text
- The specific nature of the legal action to be commenced on behalf of the corporation is not described in the bill
- The specific property, rights, privileges, franchises, liabilities, contracts, disabilities, or debts of the corporation are not listed in the bill
- The bill does not specify whether any property, rights, or franchises actually remain forfeited to the Crown, or what their nature or value might be
- It is unclear whether any persons acquired property, rights, privileges, or franchises from the dissolved corporation after January 31, 1989
- The application of the Forfeited Corporate Property Act, 2015, Escheats Act, 2015, or Mining Act to this specific corporation is not detailed
The Act under which Superior Corporate Services Limited was originally dissolved. The revival works within the framework of this Act.
Source: Preamble
The Act that the dissolved corporation failed to comply with, which was the reason for its dissolution.
Source: Preamble
Provides a mechanism for returning property and rights forfeited to the Crown upon dissolution, if applicable to this revived corporation.
Source: Section 1
Provides a mechanism for returning property that became the property of the Crown upon dissolution, if applicable to this revived corporation.
Source: Section 1
Provides a mechanism for returning mining-related property and rights forfeited to the Crown upon dissolution, if applicable to this revived corporation.
Source: Section 1
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 is still active. We only show vote counts after the legislature publishes a recorded division.
No published representative vote breakdown
This bill is still moving through the process. When a recorded division is published, representative positions can be listed here.
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