Bill PR32 explained in plain English
1474486 Ontario Limited Act, 2014
Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.
At a glance
Official Legislative Assembly of Ontario snapshot for 40th 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 PR32, the 1474486 Ontario Limited Act, 2014, revives the corporation 1474486 Ontario Limited to allow it to pursue legal action for assets it was entitled to at the time of its dissolution.
This bill is a private bill that aims to revive a corporation named 1474486 Ontario Limited. The corporation was voluntarily dissolved on May 2, 2013. The applicant, Won Jung Cho, who was the sole director, officer, and shareholder, wishes to revive the corporation to start legal proceedings to obtain assets that belonged to the corporation at the time it was dissolved. If passed, the corporation would be restored to its legal position as if it had never been dissolved, subject to any rights acquired by others after its dissolution.
- Revives the corporation 1474486 Ontario Limited.
- Restores the corporation to its legal position as if it had not been dissolved, including its property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts, as of the date of dissolution.
- States that the revival is subject to any rights acquired by any person after the corporation's dissolution.
- Names the Act as the 1474486 Ontario Limited Act, 2014.
- 1474486 Ontario Limited
- Won Jung Cho (applicant, former sole director, officer, and shareholder)
- Persons who acquired rights after the dissolution of 1474486 Ontario Limited
- The corporation is restored to its property, rights, privileges, and franchises.
- The corporation remains subject to its liabilities, contracts, disabilities, and debts.
- The revival is subject to rights acquired by any person after the corporation's dissolution.
- The Act comes into force on the day it receives Royal Assent.
- The revival of the corporation is subject to any rights that may have been acquired by any person after its dissolution.
- The bill does not specify the exact legal proceedings the revived corporation may institute.
The corporation is revived and restored to its legal status and assets as they were before its dissolution on May 2, 2013.
Source: Section 1
The voluntary dissolution of 1474486 Ontario Limited 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 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