Ontario Company Restored to Join Court Case

Summary#

This is a private bill to bring back a dissolved Ontario company, 2512681 Ontario Inc., so it can take part in a court case. The bill restores the company’s legal status as if it was never closed, while keeping in place any rights other people gained after it was dissolved.

• Restores the company’s legal status, property, and contracts as they were on the day it was dissolved.
• Brings back its duties and debts too, not just its rights.
• Lets the company start or continue legal proceedings.
• Does not cancel any rights that other people gained after the company was dissolved.
• Takes effect as soon as it becomes law.

What it means for you#

• General public

  • No direct impact for most people. This bill applies to one company.

• Creditors and business partners

  • If the company owed you money or had a contract with you, you may now pursue or defend claims in court.
  • Any deals or debts that existed before dissolution are restored, unless someone else gained rights after the dissolution that would be affected.

• People involved in related lawsuits

  • Court cases that involved this company can go ahead with the company as a party.
  • This may speed up or clarify ongoing legal disputes.

• Property holders

  • If you gained a legal right to the company’s property after it was dissolved, that right is protected by the bill.

Expenses#

No publicly available information.

• Private revival bills like this usually have little to no cost to the public, aside from routine legislative and administrative work.

Proponents' View#

• The company needs to exist to take part in court, which supports a fair outcome for all sides.
• Restoring past contracts and duties helps clear up unfinished business.
• The bill is narrowly focused and affects only one corporation.
• It protects people who gained rights after the company was closed, limiting any disruption.

Opponents' View#

• Uses legislative time for a private matter with limited public benefit.
• Reviving old obligations could create uncertainty for people who dealt with the company after it dissolved.
• May lead to legal and administrative costs for those drawn back into disputes.
• Some prefer administrative solutions over special laws, even for individual cases.