Page 2 - Corporation Code News Today

MEMBERS of the House Committee on Ways and Means have proposed to the Department of Trade and Industry (DTI) and the Bureau of Internal Revenue (BIR) the revocation of the business permit and manufacturing license of a well-known vape brand, along with legal action for tax code violations, as estimated…

IN two months, the case for the high-flying speculative mining stock, Abra Mining & Industrial Corporation (AR), will be celebrating its third year in hibernation with investors stuck with frozen funds, PSE President Ramon Monzon still mum on his “white knight” idea, and the PSE board eerily quiet on the…

THE set of officers elected during the Partido Federal ng Pilipinas (PFP) national assembly on December 14, 2023, has asked the hierarchy for support and

Supreme Court suspends OVY group’s lawyer for one year for falsely certifying quorum in Special Stockholders' Meeting of Vallacar Transit, Inc. Violation of Revised Corporation Code and By-Laws. Details of the case and resolution available on the Supreme Court website. A.C. No. 12650.

A complaint alleges that the lawyer falsely certified a quorum in a special stockholders' meeting of the Yanson group's Vallacar Transit Incorporated

The Securities and Exchange Commission (SEC) on Tuesday said it has set a new record in terms of company registrations last year. The agency said 46,445 firms successfully registered using its Electronic Simplified Processing of Application for Registration of Corporation (eSPARC) from January to November 2023, surpassing the previous record…

THE National Telecommunications Commission (NTC) has issued a Show Cause Order with a 30-day Suspension Order against Sonshine Media Network International (SMNI), which allegedly violated its franchise. In a statement, the NTC said it has directed Swara Sun Media Corp., commonly known as SMNI, to explain in writing within 15…

JEEPNEY drivers and operators on Wednesday filed a petition asking the Supreme Court to stop the government from implementing various administrative issuances in relation to the full implementation of the Public Utility Vehicle Modernization Program (PUVMP) starting next year. In a 56-page petition, transport group Piston through its chairman Mody Floranda,…

Rep. Margarita Nograles emphasizes non-political motives in the investigation of SMNI's alleged franchise violations, denying any mayoral agenda and asserting her role in ensuring congressional franchises are not misused.

THE Securities and Exchange Commission (SEC) on Tuesday renewed calls to noncompliant, suspended or revoked corporations to avail of an amnesty program before the year ends.