170 (1) If a corporation fails to comply with a filing requirement under the Corporations Information Act or fails to pay a fee required under this Act, the Director may give notice to the corporation in accordance with section 197 or by publication in accordance with the regulations that an order dissolving the corporation will be issued unless the corporation, within 90 days after the notice is given, complies with the requirement or pays the fee. 2010, c. 15, s. 170 (1); 2017, c. 20, Sched. 8, s. 41 (1). Dissolution order (2) Upon default in compliance with the notice given under subsection (1), the Director may by order cancel the certificate of incorporation and, subject to subsections (2.1) and (3), the corporation is dissolved on the date fixed in the order. 2015, c. 38, Sched. 7, s. 55 (10). Same (2.0.1) The Director may make an order revoking a dissolution order made under subsection (2) if, (a)  there was no authority to make the dissolution order; (b)  there was an error in respect of the dissolution order; or (c)  the prescribed circumstances exist. 2017, c. 20, Sched. 8, s. 41 (2). Order revoking dissolution order (2.1) The Director shall make an order revoking a dissolution order made under subsection (2) if, (a)  the corporation was dissolved under subsection (2) or a predecessor of it and has not been revived under subsection (3); and (b)  the Director receives from the Minister responsible for the administration of the Forfeited Corporate Property Act, 2015 or the Public Guardian and Trustee notice that, in his or her opinion, the revocation would be in the public interest. 2015, c. 38, Sched. 7, s. 55 (10). Objections (2.2) The Minister responsible for the administration of the Forfeited Corporate Property Act, 2015 or the Public Guardian and Trustee shall not give a notice under clause (2.1) (b) if the Minister as defined in subsection 1 (1) objects to the giving of the notice. 2015, c. 38, Sched. 7, s. 55 (10). Effect of order under subs. (2.1) (2.3) If an order is made under subsection (2.1), (a)  the order is effective on the date fixed in the order and the corporation is revived on that date; (b)  the corporation is deemed for all purposes never to have been dissolved, subject to the rights, if any, acquired by any person during the period of dissolution; and (c)  subject to subsection (2.4), the Director may give the corporation a new notice of dissolution under subsection (1) if the corporation does not remedy the default identified in the original notice or for any other default. 2015, c. 38, Sched. 7, s. 55 (10). Effect of order under subs. (2.0.1) (2.3.1) If an order is made under subsection (2.0.1), (a)  the order is effective as of the date of the dissolution order; and (b)  the corporation is deemed for all purposes never to have been dissolved, subject to the rights, if any, acquired by any person during the period of dissolution. 2017, c. 20, Sched. 8, s. 41 (2). Consultation before issuing new notice (2.4) Within the 10-year period after a dissolution order is revoked under subsection (2.1), the Director shall not give a new notice to the corporation under clause (2.3) (c) without first consulting with the Minister responsible for the administration of the Forfeited Corporate Property Act, 2015 or the Public Guardian and Trustee, whichever one gave the notice described in clause (2.1) (b). 2015, c. 38, Sched. 7, s. 55 (10). Revival (3) Where a corporation is dissolved under subsection (2) or a predecessor of it, the Director may, in his or her discretion, on the application of any interested person, revive the corporation; upon revival, the corporation shall be deemed for all purposes never to have been dissolved, subject to, (a)  subsection (3.1) or (3.2), as the case may be; (b)  any terms and conditions the Director sees fit to impose in respect of the revival; and (c)  the rights, if any, acquired by any person during the period of dissolution. 2015, c. 38, Sched. 7, s. 55 (11). Effect of revival on forfeited corporate property (3.1) If a corporation that was dissolved under subsection (2) or a predecessor of it before the day section 2 of the Forfeited Corporate Property Act, 2015 comes into force is revived under subsection (3) on or after the third anniversary of the coming into force of that section, any property that forfeited to and vested in the Crown when the corporation dissolved remains forfeited to and vested in the Crown and shall not be returned to the corporation except in the manner provided in the Forfeited Corporate Property Act, 2015 or in the Escheats Act, 2015. 2015, c. 38, Sched. 7, s. 55 (11). Same (3.2) If a corporation that was dissolved under subsection (2) or a predecessor of it on or after the day section 2 of the Forfeited Corporate Property Act, 2015 comes into force is revived under subsection (3) on or after the third anniversary of the corporation’s dissolution, any property that forfeited to and vested in the Crown when the corporation dissolved remains forfeited to and vested in the Crown and shall not be returned to the corporation except in the manner provided in the Forfeited Corporate Property Act, 2015 or in the Escheats Act, 2015. 2015, c. 38, Sched. 7, s. 55 (11). Time limit for application (4) Subsection (3) does not apply to an application made more than 20 years after the date of the corporation’s dissolution. 2010, c. 15, s. 170 (4). Certificate of revival (5) Upon receipt of articles of revival, together with any required documents and information and the required fee, the Director shall, subject to subsection (3), issue a certificate of revival by endorsing the articles in accordance with section 201, and the endorsed articles constitute the certificate of revival. 2017, c. 20, Sched. 8, s. 41 (3). Definition (6) In this section, “interested person” includes a director, officer and member of the corporation. 2017, c. 20, Sched. 8, s. 41 (3). Section Amendments with date in force (d/m/y) 2015, c. 38, Sched. 7, s. 55 (10, 11) - 19/10/2021 2017, c. 20, Sched. 8, s. 41 (1-3) - 19/10/2021