Bill PR68 explained in plain English

This Ontario private act revives Lunova Machinery Import and Export Ltd., a corporation that was dissolved in 2010, and restores it to its legal position as if it had never been dissolved.

Bill PR68 is a private act (special legislation for a specific person or organization) that revives Lunova Machinery Import and Export Ltd., a corporation that was dissolved on July 20, 2010. The sole shareholder at the time of dissolution, Xiaoming Lu, applied to have the corporation revived because the original dissolution was inadvertent (unintentional) and he needs the corporation to be active to conduct certain business transactions. Once revived, the corporation is restored to its full legal position as it existed before dissolution. This means it regains all of its property, rights, privileges, and franchises, but it also becomes subject again to all of its liabilities, contracts, disabilities, and debts. The corporation is treated as if it was never dissolved. The act came into force on the day it was filed.