Summary#
Bill PR20, the 730159 Ontario Ltd. Act, 2025, is a special Ontario law that revives one dissolved corporation; it does not amend the general Business Corporations Act. Its stated goal is to let the company carry on business in its name.
- 730159 Ontario Ltd. is restored to its legal position as of its dissolution on June 11, 1994, as if it had not been dissolved.
- The restoration includes the company’s property, rights, privileges and franchises, and also its liabilities, contracts, disabilities and debts.
- The restoration is subject to rights any person acquired after the company was dissolved.
- The Act says it starts on Royal Assent. The supplied material identifies it as having received Royal Assent but does not give the date.
What it means for you#
- The company and its applicant: The company is revived by the Act. The preamble says its former sole director, Rolf-Harro Cohrs, wants to carry on business in its name.
- People or organizations with dealings or rights involving the company: The company’s contracts and liabilities are restored, subject to rights acquired by others after dissolution. The Act does not list those contracts, liabilities or rights.
- General public: The Act revives this specific company. It does not create a general revival process or a new public service.
Money#
No cost information is in the available material.
- The Act does not state a public cost, fee, fine, payment or funding arrangement.
- It restores the company’s liabilities, contracts and debts, but gives no amounts.
What is unclear#
- The Act does not explain how to identify or resolve conflicts involving rights acquired by others after dissolution.
- It does not list the company’s property, contracts, debts or other liabilities.
- The supplied material does not include the Business Corporations Act or Corporations Information Act, so the company’s wider legal position under those laws cannot be checked here.
- The date of Royal Assent is not given in the supplied material.
Case for#
- The bill appears intended to address an inadvertent failure to meet an information-filing requirement, which the preamble says led to the company’s dissolution.
- Reviving the company allows it to carry on in its name, as the applicant says he wants to do.
- Restoring liabilities and debts along with rights means the revival does not erase the company’s stated obligations.
Case against#
- Restoring the company’s legal position from 1994 could make its old contracts, debts and other obligations relevant again.
- The Act does not explain how the company’s restored position will be worked out where other people acquired rights after its dissolution.
- The preamble says the filing default was inadvertent, but the supplied material gives no details about the company’s assets, obligations or the effects of revival on others.