When Company dismisses the application for revocation
Canadian government may add conditions when they issue a company dissolution certificate of revocation, especially if the applicant is not a director or Chief officer of the company, such as:
- Requirement for Notifying of the Company and its directors, chief officers and shareholding companies that they have been reinstated
- It is advisable for companies, their directors and officers to contact Canadian governments to determine whether the company complies with CBCA’s reporting obligations.
- If the company fails to update its reporting obligations under the CBCA in a timely manner and cannot remedy the situation, the Canadian government may dissolve the company within 120 days after the government issues the certificate of revocation certificate. Canadian governments may consider dissolving the company after a written request has been received with detailed reasons of the concerning individual.