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OntarioPassed42nd Parliament, 2nd Session

Bill PR53 explained in plain English

1664503 Ontario Inc. Act, 2021

Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.

At a glance

Jurisdiction
Ontario Legislature
Legislature / Parliament
Legislative Assembly of Ontario
Session
42nd Parliament, 2nd Session
Bill number
Bill PR53
Full title
1664503 Ontario Inc. Act, 2021
Current status
Passed
Latest event
Royal Assent received
Last updated
Dec 9, 2021
Sponsor

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.

Chamber
Legislative Assembly of Ontario
Current Stage
Royal Assent received
Latest Activity
Dec 9, 2021
Sponsor
Plain-language explanation
In plain English (our explanation)

Our plain-language take, written for civic education.

Source: By PoliticalData.ca

AI-assisted, reviewed before publishing
Short Version

This Act revives the corporation 1664503 Ontario Inc., restoring it to its previous legal standing and allowing it to resume business operations.

What It Means

This Act revives a corporation named 1664503 Ontario Inc. The corporation was voluntarily dissolved on April 16, 2019. The Act restores the corporation to its legal position as if it had not been dissolved, subject to any rights acquired by others after its dissolution. This revival is for the purpose of allowing the corporation to carry on business.

What This Bill Does
  • Revives the corporation 1664503 Ontario Inc.
  • Restores the corporation to its legal position as it was before it was dissolved.
  • Ensures the corporation has all its property, rights, privileges, and franchises.
  • Makes the corporation subject to all its liabilities, contracts, disabilities, and debts.
  • Makes the revival effective on the day the Act receives Royal Assent.
Who Is Affected
  • 1664503 Ontario Inc.
  • Riyazali Karim (applicant, director, and shareholder of 1664503 Ontario Inc.)
  • Any persons who acquired rights after the dissolution of 1664503 Ontario Inc.
Rights, Duties, Or Obligations
  • 1664503 Ontario Inc. is restored to all its property, rights, privileges, and franchises.
  • 1664503 Ontario Inc. 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.
Important Dates
  • The Act comes into force on the day it receives Royal Assent (December 9, 2021).
Uncertainties Or Limits
  • The Act does not specify what happens if there are conflicts between the restored rights and liabilities of the corporation and the rights acquired by third parties after its dissolution, beyond stating the revival is subject to those acquired rights.
Laws Or Regulations Affected
1664503 Ontario Inc.
revival

The corporation is brought back into existence and restored to its legal status and responsibilities as they were before its dissolution.

Source: Section 1

Business Corporations Act
is superseded by this Act for the specific purpose of revival

The previous dissolution of 1664503 Ontario Inc. under this Act is reversed by Bill Pr53.

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 text

Process Snapshot

Step 1
First reading
Dec 9, 2021
Step 2
Second reading
Dec 9, 2021
Step 3
Committee review
Dec 8, 2021
Step 4
Third reading
Dec 9, 2021
Step 5
Royal assent
Dec 9, 2021

Vote Summary

No published recorded division

This bill does not have a published recorded division in the current official sources, so representative-by-representative vote counts are not shown.

Sponsor
Lorne Coe
Progressive Conservative Party of Ontario | Whitby
Jurisdiction
Ontario Legislature

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