SS · Business Corporations Act
Part 17 — Liquidation and Dissolution
210 Revival
years after the date of dissolution for an order reviving a body
corporate dissolved under this Part.
(1.1) A body corporate may not be revived after the expiry of 10
years from the date of dissolution.
(1.2) Repealed 2021 c18 s52.
(2) An applicant under subsection (1) shall give notice of the
application to the Registrar and the Registrar is entitled to appear
and be heard in person or by counsel.
(3) An order under subsection (1) may revive the body corporate
for the purpose of carrying out particular acts specified in the order
and the order shall state that the revival remains in effect for a
specific time limited by the order.
(4) In an order under subsection (1), the Court may
(a) give directions as to the holding of meetings of
shareholders, the appointment of directors and meetings of
directors,
(b), (c) repealed 2021 c18 s52,
(d) change the name of the body corporate to a number
designated or name approved by the Registrar, and
(e) give any other directions the Court thinks fit.
(5) Where a person seeks the approval of the Registrar under
subsection (4)(d), the person shall provide to the Registrar
documents relating to corporate names that are prescribed by the
regulations.
(6) Repealed 2021 c18 s52.
(7) A body corporate revived by an order under this section is
dissolved on the expiration of the time limited by the order.
(8) If an order is made under this section, the applicant shall
forthwith send a certified copy of the order to the Registrar who
shall file it and restore the body corporate to the register under the
Companies Act.
(9) A body corporate is revived on the making of an order under
this section and, subject to the terms imposed by the order and to
rights acquired by any person prior to the revival, the body
RSA 2000
corporate is deemed to have continued in existence as if it had not
been dissolved.
RSA 2000 cB-9 s210;2005 c8 s49;2007 cU-1.5 s68;
2021 c18 s52