Category Archives: Corporation Code [Batas Pambansa 68]
Title VI – Corporation Code of the Philippines [BP 68]
TITLE VIMEETINGS Sec. 49. Kinds of meetings. – Meetings of directors, trustees, stockholders, or members may be regular or special. (n) Sec. 50. Regular and special meetings of stockholders or members. – Regular meetings of stockholders or members shall be … Continue reading
Title VII – Corporation Code of the Philippines [BP 68]
TITLE VIISTOCKS AND STOCKHOLDERS Sec. 60. Subscription contract. – Any contract for the acquisition of unissued stock in an existing corporation or a corporation still to be formed shall be deemed a subscription within the meaning of this Title, notwithstanding … Continue reading
Title VIII – Corporation Code of the Philippines [BP 68]
TITLE VIIICORPORATE BOOKS AND RECORDS Sec. 74. Books to be kept; stock transfer agent. – Every corporation shall keep and carefully preserve at its principal office a record of all business transactions and minutes of all meetings of stockholders or … Continue reading
Title IX – Corporation Code of the Philippines [BP 68]
TITLE IXMERGER AND CONSOLIDATION Sec. 76. Plan or merger of consolidation. – Two or more corporations may merge into a single corporation which shall be one of the constituent corporations or may consolidate into a new single corporation which shall … Continue reading
Title X – Corporation Code of the Philippines [BP 68]
TITLE XAPPRAISAL RIGHT Sec. 81. Instances of appraisal right. – Any stockholder of a corporation shall have the right to dissent and demand payment of the fair value of his shares in the following instances: 1. In case any amendment … Continue reading