Hometime

Hometime · Alberta legislation

MHHS Minimum Housing and Health Standards

MHHS · Companies Act

Part 10 — Dissolution Division 1 Cancellation of Incorporation

205 Division 2 Removal from Register of Companies Defunct or in Default Dissolution by Registrar

Current to 2022-12-15 · Official PDF

(1) Subject to subsections (2) and (3), if a company
(a) has not commenced business within 3 years after the date
mentioned in its certificate of incorporation,
(b) has not carried on busine ss for 3 consecutive years, or
(c) has failed to send or file for a period of 2 years any ret urn,
notice or document required to be filed with or sent to the
Registrar,
the Registrar may dissolve the company by issuing a certificate of
dissolution, or the Registrar may apply to the Court for an order
dissolving the corporation under section 226.
(2) The Registrar shall not dissolve a company under this section
until the Registrar has
(a) given 120 days' notice of the Registrar's intention to
dissolve the company to the company and to each director
of the company, and
(b) published notice of the Registrar's intention to dissolve the
company in The Alberta Gazette or the Registrar's
periodical.
(3) Unless cause to the contrary has been shown or an order has
been made by the Court under section 289, the Registrar may, after
expiry of the period referred to in subsection (2)(a), issue a
certificate of dissolution.
RSA 2000

(4) The company ceases to exist on the date shown in the
certificate of dissolution.
RSA 2000 cC-21 s205;2020 c25 s2(86)