Page 11 - Corporation Code News Today

      Can the executive committee of a corporation include non-directors, non-officers and foreigners in its membership? These are the issues that this will be discussed in this article. The bylaws of a corporation may authorize the creation of an executive commit

THE Securities and Exchange Commission against investing on Algoscalp, which claims to operate a fully-automated trading system of cryptocurrency, as it is not a registered company and its operations are likened to that of a Ponzi scheme. The SEC said in its advisory that the company, which also uses the…

The Securities and Exchange Commission (SEC) is calling on corporations to allow shareholders or members to participate in meetings virtually to encourage greater stakeholder involvement in their governance. The Commission reiterated the provisions of the Revised Corporation Code of the Philippines

The Securities and Exchange Commission (SEC) has urged companies to encourage greater stakeholder involvement in their governance by allowing shareholders or members to participate in meetings even if these are done online. The SEC said that it allowed participation in corporate meetings through remote communication or in absentia but this…

The Securities and Exchange Commission said companies can continue to hold virtual or remote shareholder meetings even after the pandemic and urged the firms to allow shareholders to participate in these meetings.

The Bangko Sentral ng Pilipinas (BSP) has issued proposed guidelines for the streamlined procedures for banks’ merger, consolidation and acquisition (MCA) applications. Bangko Sentral ng Pilipinas The guidelines will apply to MCA applications which are non-notifiable or are exempted from comp

Publisher had more than three years to meet three-woman minimum on board of directors, blames noncompliance on Microsoft acquisition talks

Publisher had more than three years to meet three-woman minimum on board of directors, blames noncompliance on Microsoft acquisition talks

The 2019 Revised Corporation Code of the Philippines is the bible of all corporations in the Philippines. Learn this law that took effect on Feb. 23, 2019.

WE have previously discussed in this column a number of times the tax implications of campaign contributions and their usages. Let me further discuss some of these in view of the issuance of Revenue Memorandum Circular (RMC) No. 22-2022, reminding everyone, particularly those running as candidates or participating in the…