Académique Documents
Professionnel Documents
Culture Documents
A. Doctrine/ Effects:
C. Parent-Subsidiary Relationship:
1) Promotion
-- relate to Sec. 3.10. of Securities Regulation Code
-- relate to Secs. 60 and 61 of Corp. Code
McArthur v. Times Printing Co. 31 Am. St. Rep. 653
Cagayan Fishing v. Sandiko 65 Phil 223
2) Incorporation
3) Formal organization VS. commencement of business – Sec. 22
V. INCORPORATION
1) Steps in incorporation
2) Sections 5, 10 –19, 88, 96, 97
3) Articles of Incorporation–
a) Sec. 14, 15
b) Amendment of A/I – Sec. 16, Relate to:
Sec. 36.4 – power to amend
Sec. 6 – voting rights of non-voting shares
Sec. 81[1]--- appraisal right
Secs. 37, 38, 103 – mere written assent not enough
c) Binding effect of amendment
Phil. Trust Co. v. Rivera 44 Phil. 469 (1923)
Marcus v. RH Macy 74 N.E. 2d 228 (1947)
Iglesia Evangelica v. Bishop Lazaro (G.R. 184088, July 6, 2010)
(include Dissent of J. Carpio)
5) Residence of corporation -
Young Auto Supply Co. v. CA (1993) 223 SCRA 670