Acts and Regulations

C-13 - Companies Act

Full text
Revival of charter
35.1(1)The Director may, upon application of any interested party, and upon good cause being shown, revive any charter forfeited under section 35, upon compliance with such conditions as the Director may require.
35.1(2)The Lieutenant-Governor in Council may, in writing, direct the Director to revive the company whose charter has been forfeited and upon receiving such direction, the Director shall revive the charter of the company.
35.1(3)Where the Director acts under subsection (1) or receives a direction from the Lieutenant-Governor in Council under subsection (2), the Director shall issue a certificate of revival.
35.1(4)A company is revived on the date shown on the certificate of revival and thereafter the company, subject to the rights acquired by any person after its dissolution, has all the rights and privileges and is liable for the obligations that it would have had if it had not been dissolved.
2003, c.15, s.3
Revival of charter
35.1(1)The Director may, upon application of any interested party, and upon good cause being shown, revive any charter forfeited under section 35, upon compliance with such conditions as the Director may require.
35.1(2)The Lieutenant-Governor in Council may, in writing, direct the Director to revive the company whose charter has been forfeited and upon receiving such direction, the Director shall revive the charter of the company.
35.1(3)Where the Director acts under subsection (1) or receives a direction from the Lieutenant-Governor in Council under subsection (2), the Director shall issue a certificate of revival.
35.1(4)A company is revived on the date shown on the certificate of revival and thereafter the company, subject to the rights acquired by any person after its dissolution, has all the rights and privileges and is liable for the obligations that it would have had if it had not been dissolved.
2003, c.15, s.3