Αποτελέσματα Αναζήτησης
DOCTRINE OF PIERCING THE VEIL OF CORPORATE FICTION. LEGAL PRECEPT that allows a corporation’s separate personality to be disregarded under certain circumstances; Apply in situations where the separate corporate personality of a corporation is being abused or being used for wrongful purposes
On February 20, 2019, Republic Act No. 11232, or the Revised Corporation Code of the Philippines (“Revised Corporation Code”) was approved into law, which substantially amended the Corporation Code. The Revised Corporation Code currently applies to all private corporations in general.
Code became effective, replacing Batas Pambansa Blg. 68. The law introduces fresh and progressive concepts aimed at improving the ease of doing business in the country, promoting good corporate governance and afford protection to corporations, investors and consumers alike, amid a fast-evolving business landscape.
- No foreign corporation transacting business in the Philippines without a license, or its successor or assigns, shall be permitted to maintain or intervene in any action, suit or proceeding in any court or administrative agency of the Philippines; but such corporation may be sued or proceeded against before the Philippin courts or ...
25 Μαρ 2019 · an act providing for the revised corporation code of the philippines . title i. general provisions, definitions and classifications [full text: secs. 1-9]
29 Οκτ 2024 · Under Philippine law, particularly under the Revised Corporation Code (Republic Act No. 11232), corporate officers play crucial roles in the management and governance of corporations. Their appointment, roles, and liabilities are governed by specific legal provisions that mandate how they are selected, their fiduciary responsibilities, and ...
In the Philippines, a corporation has always been defined as “an artificial being created by operation of law, having the right of succession and the powers, attributes and properties expressly authorized by law or incident to its existence”.
