J.C.C. Corp. Act, 2026
Sponsored by Cooper, Michelle · First Reading Ordered for Second Reading
- Revives J.C.C. Corp., a company dissolved on May 8, 2015 for failing to file required corporate returns
- 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 also becomes subject again to its former liabilities, contracts, debts and disabilities
- Revival does not affect rights acquired by others after the dissolution
- Applicant Catherine Varea, a former director, sought revival to resolve outstanding tax matters
- Act takes effect immediately upon receiving Royal Assent