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Bill PR5

Social Asset Measurements Inc. Act, 2025

Sponsored by Bell, Jessica · Royal Assent received. Statutes of Ontario 2025, chapter Pr5

  • Revives Social Asset Measurements Inc., a company dissolved on October 1, 2024
  • Restores the company's property, rights, privileges and franchises as if never dissolved
  • Also restores the company's liabilities, contracts, disabilities and debts from the dissolution date
  • Revival is subject to any rights acquired by other people after the dissolution
  • Was requested by Anshula Chowdhury, the company's director at time of dissolution, to address outstanding liabilities
  • Act takes effect on the day it receives Royal Assent
Read the bill on ola.org →

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