Business Corporations Act (Subsection 213(10)) Form 22 2025

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Business Corporations Act (Subsection 213(10)) Form 22 Preview on Page 1

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering the name of the corporation in the designated field. Ensure that it matches the official name registered with the Yukon registry.
  3. Next, input the Yukon registry number. This is crucial for identifying your corporation within official records.
  4. In section three, provide details about each class of shareholders and confirm that they have passed a special resolution to revoke the intent to dissolve. Enter the date of this resolution in YYYY/MM/DD format.
  5. Fill in the name of the individual signing on behalf of the corporation, including their last and first names.
  6. Specify the title of the individual signing, such as Director, Officer, or Authorized Agent.
  7. Confirm that the corporation revokes its statement of intent to dissolve by signing in the provided space.
  8. Finally, enter the date of signature using YYYY/MM/DD format to complete your form.

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The OBCA outlines the principles for managing corporate affairs and details the responsibilities of directors and officers. Every corporation must have a board of directors who will be responsible for the overall management and leadership of the corporation and for making decisions regarding such activities.
an affiliate is a corporation that is a subsidiary of another corporation; if a corporation has two subsidiary corporations, the two subsidiaries are affiliates of each other; or. if two corporations are controlled by the same person, the two corporations are also affiliates of each other.
Section 1(1) of the BCA describes the annual reference date as the date when the next general meeting is to be held. This date is to be one year from the previous annual general meeting or before as approved by shareholders which needs to be filed in the annual general meeting.
The main difference is jurisdiction. An Ontario corporation is registered under provincial law and operates primarily within Ontario. A federal corporation is registered under the Canada Business Corporations Act (CBCA) and has the right to operate across all provinces and territories.
The Ontario Business Corporations Act (OBCA) defines an offering corporation as a corporation that is offering its securities to the public.

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A special resolution is one that is submitted to a meeting of the shareholders and passed, with or without amendment, by at least two-thirds of the votes cast. Votes that are not cast for whatever reason do not count in the total number of votes.
In many cases, having the views of your shareholders is beneficial. It adds perspective to your company, helping you to consider other viewpoints and identifying new ways of doing things. Shareholders may bring valuable industry experience which will guide you in the right direction.
The Oppression Remedy under the Ontario Business Corporations Act (OBCA) provides a powerful legal tool for shareholders, directors, and other stakeholders in closely held corporations to protect their interests when they are unfairly treated or oppressed by the actions of those in control of the company.

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