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Bill PR2

MFIS Holdings and Investments Inc. Act, 2025

Sponsored by Riddell, Brian · Royal Assent received. Statutes of Ontario 2025, chapter Pr2

  • Revives MFIS Holdings and Investments Inc, a corporation dissolved on February 11, 2020
  • Restores the company's property, rights, privileges and franchises as if never dissolved
  • Restores all its liabilities, contracts, disabilities and debts from the dissolution date
  • Applicant Mohammed Shanshal was the corporation's sole director and president before dissolution
  • Revival allows the corporation to deal with real property still registered in its name
  • New rights acquired by other people after the dissolution remain protected
  • Act takes effect on the day it receives Royal Assent
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