Avant Assets Inc. Act, 2026
Sponsored by Bell, Jessica · First Reading Ordered for Second Reading
- Revives Avant Assets Inc., a company dissolved voluntarily on March 22, 2024
- Restores the corporation to its legal position as if it had never been dissolved
- Company regains its property, rights, privileges and franchises from before dissolution
- Company remains subject to all its previous liabilities, contracts, disabilities and debts
- Revival respects any rights acquired by other people after the dissolution
- Applicant Chun-Chih Lin was the sole director and sole shareholder of the company
- Act takes effect on the day it receives Royal Assent