Bill PR8 explained in plain English
1748317 Ontario Inc. Act, 2023
Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.
At a glance
Official Legislative Assembly of Ontario snapshot for 43rd Parliament, 1st 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 PR8 revives the dissolved corporation 1748317 Ontario Inc. and restores it to its legal position as if it had never been dissolved.
This is a private bill specific to one corporation. It revives 1748317 Ontario Inc., which was voluntarily dissolved on July 28, 2016 under the Business Corporations Act. The bill restores the corporation to the legal position it had at the time of its dissolution, including all its property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts. The revival was requested by Gail Drury, who is the estate trustee of Gordon David Drury's estate. Gordon David Drury was the sole director when the corporation was dissolved. The applicant wants to revive the corporation to deal with certain property that was held in the corporation's name. The bill came into force on March 2, 2023, the date it received Royal Assent.
- Revives 1748317 Ontario Inc., a corporation that was voluntarily dissolved on July 28, 2016
- Restores the corporation to its legal position as it existed on the date of dissolution, including all property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts
- Permits the corporation's representatives to deal with property that was held in the corporation's name at the time of dissolution
- Comes into force on March 2, 2023 (the date of Royal Assent)
- 1748317 Ontario Inc. (the revived corporation)
- Gail Drury (applicant and estate trustee of Gordon David Drury's estate)
- Gordon David Drury's estate (the former sole director of the corporation)
- Any persons or entities with property, contractual rights, or claims related to 1748317 Ontario Inc.
- The revived corporation is restored to all its property, rights, privileges, and franchises as they existed on the date of dissolution
- The revived corporation is subject to all its liabilities, contracts, disabilities, and debts as they existed on the date of dissolution
- The revival is subject to any rights acquired by any person after the corporation's dissolution (meaning third parties who may have acquired rights in the interim are protected)
- July 28, 2016 - Date the corporation was voluntarily dissolved
- March 2, 2023 - Royal Assent date and commencement date of this Act
- November 3, 2022 - First reading of Bill PR8
- March 1, 2023 - Second and third readings of Bill PR8
- The bill states the revival is 'subject to any rights acquired by any person after its dissolution.' The bill does not detail what specific rights might exist or how they would be determined in practice.
- The bill does not specify what 'certain property' the applicant wants to deal with, nor does it describe the nature or value of that property.
- The bill does not provide details on whether there are any claims, liabilities, or debts associated with the corporation that may affect its revival or the estate's ability to manage it.
- The bill does not describe any process for resolving potential conflicts between the corporation's restoration and third-party rights acquired after dissolution.
This bill revives a corporation that was previously dissolved under the Business Corporations Act. The revival operates as an exception to the normal dissolution process under that 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 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