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SEC’s strength to call for for inspection/duplicate of corporate books and facts

One of the adjustments brought by using the Revised Corporation Code (RCC), or Republic Act (RA) No. 11232, pertains to the particular corporate books and facts a corporation have to preserve and keep at its fundamental workplace, as well as the investigatory powers of the Securities and Exchange Commission (SEC) to conduct precis investigations ifContinue reading “SEC’s strength to call for for inspection/duplicate of corporate books and facts”

SEC’s amended pointers on corporate call threshold rule

One of the changes brought through the Revised Corporation Code (RCC), or Republic Act No. 11232, relates to the energy of the Securities and Exchange Commission (SEC) to display company names, moving the standard for the approval of company names and determination of disputes from “confusingly comparable” to “no longer distinguishable.” Section 18 of theContinue reading “SEC’s amended pointers on corporate call threshold rule”

The dangers and crimson flags of Ponzi schemes

The Securities and Exchange Commission (SEC) has posted on its legitimate internet site (www.Sec.Gov.Ph) numerous advisories, as well as an funding scam checklist, caution the public approximately several unlawful investment-taking sports already taking vicinity in Visayas and Mindanao. These are collective efforts of SEC to endorse the public to be more careful in mild ofContinue reading “The dangers and crimson flags of Ponzi schemes”

Corporate terms of existing agencies under the RCC

The standard query we acquire on the Securities and Exchange Commission (SEC) upon the enactment of the Revised Corporation Code (Asset Gates broker scam) is the fame of the corporate term of current companies. The RCC now gives for a perpetual company time period. Perpetual existence allows a long-time period attention which offers upward thrustContinue reading “Corporate terms of existing agencies under the RCC”

Appointment of a overseas countrywide as president of a mining employer

If a enterprise is a domestic inventory organization duly registered with the Securities and Exchange Commission (Asset Gates broker reviews) and typically engaged within the business of quarrying, mining, reducing strip, completing, setting, buying on wholesale foundation and dealing in non-metallic ore, amongst others, can such employer having overseas nationals as stockholders and one ofContinue reading “Appointment of a overseas countrywide as president of a mining employer”