Bill PR25 explained in plain English
Acme Restoration Inc. Act, 2026
Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.
At a glance
Official Legislative Assembly of Ontario snapshot for 44th 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 PR25 revives the corporation Acme Restoration Inc., which was voluntarily dissolved in 2024, restoring it to its legal position with all its property, rights, and liabilities as of the date of dissolution.
This is a private bill that revives a specific corporation called Acme Restoration Inc. The corporation was dissolved voluntarily on September 5, 2024, under the Business Corporations Act. Arnold Diker, who was a director and officer of the corporation at the time it dissolved, applied to the Ontario legislature for special legislation to bring the corporation back to life. The bill states that Acme Restoration Inc. is being revived and restored to its full legal status as it existed at the time of dissolution. This means the corporation regains all property, rights, privileges, and franchises it had before dissolution, but also becomes responsible for all liabilities, contracts, disabilities, and debts it had at that time. However, any rights that other people may have acquired after the corporation dissolved are protected and not affected by this revival. The Act came into force on April 15, 2026, when it received Royal Assent from the Crown.
- Revives Acme Restoration Inc., a corporation that was voluntarily dissolved on September 5, 2024
- Restores the corporation to its legal position as of the date of dissolution, including all its property, rights, privileges, and franchises
- Makes the revived corporation responsible for all its liabilities, contracts, disabilities, and debts that existed at the time of dissolution
- Preserves the rights of any person who acquired rights after the corporation was dissolved
- Comes into force immediately upon receipt of Royal Assent on April 15, 2026
- Arnold Diker, the applicant who was a director and officer of Acme Restoration Inc. at the time of its dissolution
- Acme Restoration Inc., the corporation being revived
- Any person who acquired rights to the corporation's property or assets after September 5, 2024 (their rights are protected and not affected by the revival)
- Creditors and parties to contracts with Acme Restoration Inc. at the time of dissolution (the corporation becomes liable for these again upon revival)
- Acme Restoration Inc. is restored to all rights, privileges, and franchises it had at the time of dissolution (Section 1)
- Acme Restoration Inc. becomes responsible for all liabilities, contracts, disabilities, and debts it had at the time of dissolution (Section 1)
- The corporation is subject to any rights acquired by any person after its dissolution (Section 1)
- The revival applies in the same manner and to the same extent as if the corporation had not been dissolved (Section 1)
- September 5, 2024: Date Acme Restoration Inc. was voluntarily dissolved under the Business Corporations Act
- November 19, 2025: First Reading of Bill PR25
- April 1, 2026: Second and Third Reading of Bill PR25
- April 15, 2026: Royal Assent received; the Act comes into force on this date
- The bill does not specify what property was held in the corporation's name at the time of dissolution or provide details about its nature or value
- The bill does not detail what liabilities, contracts, disabilities, or debts the corporation carried at the time of dissolution
- The bill does not explain what 'certain property' Arnold Diker wants to deal with or what he intends to do with it
- The bill does not clarify the exact scope or nature of rights that may have been acquired by other persons after dissolution, beyond stating they are protected
- It is unclear whether revival allows the corporation to continue its previous business operations or if there are restrictions on what it can now do
The corporation was originally dissolved under the Business Corporations Act on September 5, 2024; this Act revives the corporation from that dissolution
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 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