Bill PR61 explained in plain English
1712042 Ontario Ltd. 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 PR61 revives the corporation 1712042 Ontario Ltd., restoring it to its legal position as of its dissolution, subject to rights acquired by others.
This private bill allows a company named 1712042 Ontario Ltd. to be revived. The company was dissolved in 2015 because it failed to meet a requirement under the Business Corporations Act. The bill states that the company is revived and restored to its legal position as if it had never been dissolved, except for any rights that have been acquired by other people since its dissolution. It also makes the company subject to all its previous liabilities, contracts, and debts.
- Revives the corporation 1712042 Ontario Ltd.
- Restores the corporation to its legal position as of the date of its dissolution.
- Ensures the revived corporation retains its property, rights, privileges, and franchises.
- Makes the revived corporation subject to its previous liabilities, contracts, disabilities, and debts.
- States that the revival is subject to any rights acquired by any person after the corporation's dissolution.
- 1712042 Ontario Ltd.
- Andrew Ferri (applicant and former president, secretary, and sole director)
- Any persons who acquired rights after the dissolution of 1712042 Ontario Ltd.
- 1712042 Ontario Ltd. is restored to all its property, rights, privileges, and franchises.
- 1712042 Ontario Ltd. is subject to all 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 (April 28, 2022).
- 1712042 Ontario Ltd. was dissolved on July 21, 2015.
- The bill does not specify the exact nature of the 'certain real property' mentioned in the preamble that the applicant wishes to deal with.
- The bill does not detail the specific 'rights acquired by any person' after the corporation's dissolution that could affect the revival.
The bill refers to the Business Corporations Act as the reason for the initial dissolution of 1712042 Ontario Ltd. due to non-compliance with subsection 115 (2).
Source: Preamble
This Act comes into force on the day it receives Royal Assent.
Source: Section 2
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