Articles of Incorporation, Directors' Resolutions, Shareholders' Resolutions, Directors Register etc.
What are tabs in a minute book?
100
submitted to a special meeting of the shareholders and passed at the meeting by at least two-thirds of the votes cast
What is a special resolution
100
Charlie has been newly elected as a director of 9231123 Ontario Ltd at the annual shareholders' meeting. This now has to be filed with the Ministry.
What is a notice of change form?
100
This is required to authorize a voluntary dissolution.
What is a special resolution (shareholder approval)
100
This restricts in whole or in part the powers of the directors to manage the corporation
What is a unanimous shareholders agreement?
200
You would consult this statute to determine when an initial return would have to be filed
What is the Corporations Information Act?
200
Consideration of previous meetings minutes, consideration of financial statements, election of directors, appointment of auditors
What is what gets addressed at the annual meeting of shareholders?
200
15 days
What is the deadline for filing the notice of change after the change takes place?
200
The main difference between winding up voluntarily and voluntary dissolution
What is the involvement of a liquidator
200
You can never buy shares in this type of corporation.
What is a not for profit corporation?
300
60 days
What is the deadline for filing an initial return?
300
Must be held no later than 18 months after corporation comes into existence
What is the initial shareholders' meeting
300
Buttons and Bows Inc owns 100% of the shares of Pins and Needles Ltd. If they were to amalgamate, they would proceed by way of...
What is Vertical Short Form Amalgamation?
300
Not having a board of directors or if the corporation was convicted of a significant offence under the Occupational Health and Safety Act, for example
What is sufficient cause to allow for the Director to cancel a corporation's certificate of incorporation?
300
NPOs are formed for the purpose of carrying on, without ********* ****, objects of a patriotic, charitable, philanthropic religious, professional, sporting or athletic character
What is pecuniary gain?
400
Directors, Shareholders, Creditors and Auditors
Who can inspect a corporation's minute book?
400
Anything other than consideration of previous meetings minutes, consideration of financial statements, election of directors, appointment of auditors
What is Special Business?
400
9023124 Ontario Inc is changing its name to Lily's Luscious Lotions Ltd. This would be authorized by...
Who are the directors of the corporation?
400
Transfer of entire business and possible tax advantages (Capital Gains Exemption)
What is advantages to the vendor in a sale of shares
400
Members of these types of NPOs can potentially be entitled to pecuniary gain upon dissolution of the organization
What is a club?
500
Approving and Adopting the by-laws, appointing the officers, approving share certificates, adopting the corporate seal etc.
What is what gets addressed in the Director's Opening Resolutions?
500
not less than 21 days; 10 days for non-offering corporation; max = 50 days
What is notice required for the annual shareholders' meeting?
500
5643278 Manitoba Ltd wants to amalgamate with 7632147 Ontario Inc and form an Ontario corporation. Before amalgamation can be effected, this has to be considered...
What is Continuance - specifically exporting
500
A corporation, a shareholder, a liquidator, or a creditor having a claim of $2,500 or more
Who can apply to the court for a court-ordered winding up of a corporation?
500
This act is expected to come into force in 2016. Once it is in effect, it will apply to all Ontario Not for Profit Corporations
What is the Ontario Not-for-Profit Corporations Act, 2010?