Bill PR33 explained in plain English
Stephanie Holdings Ltd. Act, 2016
Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.
At a glance
Official Legislative Assembly of Ontario snapshot for 41st 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 PR33, the Stephanie Holdings Ltd. Act, 2016, revives a dissolved corporation to its prior legal status to manage its property.
This Act revives Stephanie Holdings Ltd., a corporation that was dissolved on June 11, 1994, for failing to comply with the Corporations Information Act. The revival restores the corporation to its legal standing as if it had not been dissolved, subject to any rights acquired by others after its dissolution. The revival is intended to allow the sole director at the time of dissolution to deal with property that was held in the corporation's name.
- Revives Stephanie Holdings Ltd.
- Restores Stephanie Holdings Ltd. to its legal position as of its dissolution date, including its property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts.
- Ensures the revival is subject to any rights acquired by any person after the corporation's dissolution.
- Stephanie Holdings Ltd.
- Sami Benaich (applicant and former sole director)
- Any persons who acquired rights related to Stephanie Holdings Ltd. after its dissolution.
- Stephanie Holdings Ltd. is restored to all its property, rights, privileges, and franchises.
- Stephanie Holdings Ltd. is subject to all its liabilities, contracts, disabilities, and debts.
- The revival is subject to any rights acquired by any person after the dissolution of Stephanie Holdings Ltd.
- The Act came into force on June 9, 2016, the day it received Royal Assent.
- The exact nature and extent of 'rights acquired by any person after its dissolution' are not specified in the bill, creating a potential area of uncertainty regarding the scope of the revival.
The company is brought back to its legal existence as it was before it was dissolved.
This Act provides a specific exception to the consequences of dissolution under the Business Corporations Act for Stephanie Holdings Ltd.
The failure to comply with this Act was the reason for the original dissolution of Stephanie Holdings Ltd.
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