SC suspends Gensan RTC judge for 2 years without pay
The case stems from the judge's issuance of a temporary restraining order and a writ of preliminary injunction in favor of Kapa Community Ministry International Inc. in 2019
Stay updated with breaking news from Corporation Code. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The case stems from the judge's issuance of a temporary restraining order and a writ of preliminary injunction in favor of Kapa Community Ministry International Inc. in 2019
THE Supreme Court (SC) has imposed a two-year suspension without pay against a regional trial court (RTC) judge in South Cotabato for issuing an order enjoining the Securities and Exchange Commission (SEC) from implementing its cease and desist (CDO) order against the officers and agents of Kapa Community Ministry International Inc.…
June 14, 2023 To whom it may... | June 14, 2023
THE outstanding capital stock of a corporation shall constitute a trust fund held by the corporation for the benefit of its creditors. It shall not be returned to the stockholders by repurchase of shares, except in the manner as provided for under the Revised Corporation Code, and the rules prescribed by the Securities and Exchange Commission (SEC).
JUST what is an independent director? Normally, this would mean a member of the board of directors of a company who brings a unique, unbiased perspective. The term is commonly used to denote a director who is not an employee of the firm or organization where they serve as a…