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Commission
En Banc
Opinion No.
10-01 RE
: Sale of Derivatives between Affiliates
Market
Regulation Department
Opinion No. 1 RE
: Delivery versus Payment (DVP)
Office
of the General Counsel
Opinion No. 11-49
RE : Sale of Securities; Investment Contract
Opinion No. 11-48
RE : Re-election of the Members of the Board of
Directors
Opinion No. 11-47
RE : Foreign donation to domestic foundation.
Opinion No. 11-46
RE : Authority to engage in Mining Activities
Opinion No. 11-45
RE : Rights of Stockholder
Opinion No. 11-44
RE : Nationality Restrictions; Control Test and
Grandfather Rule; Composition of the Boards
Opinion No. 11-43
RE : Criminal liability of Directors
Opinion No. 11-42
RE : Determination of Nationality of a Corporation
Opinion No. 11-41
RE : Availability of Pre-emptive Rights;
Ownership Restriction in the PSE
Opinion No. 11-40
RE : Licensing of foreign corporation; Doing
business; Purchase of condominium units
Opinion No.
11-39 RE
: Trade name, Corporate name
Opinion No.
11-38 RE
: Revoked corporation
Opinion No.
11-37 RE
: Foreign equity/foreign president in mining corporation
Opinion No.
11-36 RE
: Condominium Corporation
Opinion No.
11-35 RE
: Membership in Condominium Corporation; Merger
Opinion No.
11-34 RE
: Retail trade; Incidental to primary purpose
Opinion No.
11-33 RE
: Primary purpose; secondary purpose
Opinion No.
11-32 RE
: Operating Lease; R.A. No. 8556
Opinion No.
11-31 RE
: Queries on Quorum, Special Election, & Financial
Assistance
Opinion No.
11-30 RE
: Dissolution & Liquidation
Opinion No.
11-29 RE
: Rights of stockholder; Inspection of corporate records
Opinion No.
11-28 RE
: Registration of increase of authorized capital stock by a
"non-Philippine national" corporation
Opinion No.
11-27 RE
: Restriction of Ownership by Foreigners of Equity in
Domestic Market Enterprises
Opinion No.
11-26 RE
: Section 42 of the Corporation Code; Control Test and
Grandfather Rule; Disclosures
Opinion No.
11-25 RE
: Foreign Ownership Restriction
Opinion No.
11-24 RE
: Assignment of real property as consideration for stock
subscription.
Opinion No.
11-23 RE
: Quorum
Opinion No.
11-22 RE
: Condominium corporation
Opinion No.
11-21 RE
: Definition of securities; Investment contract
Opinion No.
11-20 RE
: Exemption from the filing of GIS
Opinion No.
11-19 RE
: Procedure for Election of Directors
Opinion No.
11-18 RE
: Corporate Investments
Opinion No.
11-17 RE
: Limitation on Ownership of Shares of Stock
Opinion No.
11-16 RE
: Stock and Transfer Book; Executive Committee
Opinion No.
11-15 RE
: Applicability of Foreign Ownership Restriction; Holding
Companies
Opinion No.
11-14 RE
: Definition of Gross Income' under Sec. 126 of the
Corporation Code
Opinion No.
11-13 RE
: Corporate Term; Corporate Name
Opinion No.
11-12 RE
: Non-Stock Corporations; Purposes/Business Activities.
Opinion No.
11-11 RE
: Income-generating activities of Non-stock Corporations
Opinion No.
11-10 RE
: Titles of corporate officers; Board meetings through the
internet; Requirement of member signature in membership book.
Opinion No.
11-09 RE
: Sale of stock in excess of authorized capital stock
Opinion No.
11-08 RE
: Mass Media; Nationalized Activities; Alien Director
Opinion No.
11-07 RE
: Requirement of Capital Subscription for Non-stock
Corporations
Opinion No.
11-06 RE
: Licensing of foreign corporation; Doing business
Opinion No.
11-05 RE
: Assignment of Rights Over Condotel Units
Opinion No.
11-04 RE
: Corporate term; Corporations existing prior to
Corporation Code; Religious corporations
Opinion No.
11-03 RE
: Decrease of authorized capital stock; Foreign Investment
Act
Opinion No.
11-02 RE
: Proxy ballots; Required vote to confirm acts of the
board.
Opinion No.
11-01 RE
: Public Access to Reports filed with the SEC; Registration
Number
Opinion No.
10-35 RE
: Customs Brokerage service
Opinion No.
10-34 RE
: Creation of Additional Paid in Capital
Opinion No.
10-33 RE
: Securities; Exemption From Section 8 of the Securities
Regulation Code
Opinion No.
10-32 RE
: Use of Registered Business or Trade Name in Business
Documents
Opinion No.
10-31 RE
: Foreign Ownership in a local mining corporation
Opinion No.
10-30 RE
: Foreign Ownership; Limitation on International Freight
Forwarders
Opinion No.
10-29 RE
: Transacting with a corporation whose charter has been
revoked.
Opinion No.
10-28 RE
: Loan Collateral Build-Up in a Lending Company; Deposit
Substitute.
Opinion No.
10-27 RE
: Notice of Meetings, Delinquent Stockholders.
Opinion No.
10-26 RE
: Lending Company
Opinion No.
10-25 RE
: Directors with Dual Citizenship; Qualifications of
Directors and Corporate Officers
Opinion No.
10-24 RE
: Acquisition of Own Share of Stock
Opinion No.
10-23 RE
: Ownership Structure of a Land-Owning Corporation
Opinion No.
10-22 RE
: Setting up of Servers in the Philippines by a Foreign
Corporation
Opinion No.
10-21 RE
: Interest in Co-ownership as Consideration for Shares of
Stock
Opinion No.
10-20 RE
: Acquisition of Land by a Corporation; Dividend
Distribution Mechanism; Directors' Fees
Opinion No.
10-19 RE
: Scope of Globe Telecom, Inc.'s authorized retail activity
Opinion No.
10-18 RE
: Capital Restructuring
Opinion No.
10-17 RE
: Qualification of a Corporate Secretary; Revised Code of
Corporate Governance
Opinion No.
10-16 RE
: Service of Summons through the Commission
Opinion No.
10-15 RE
: Delinquent Stocks, Delinquency Sale, Effect of
Delinquency
Opinion No.
10-14 RE
: Acquisition of Own Shares of Stock
Opinion No.
10-13 RE
: Doing Business; Jewelry Auction not a retail trade
business.
Opinion No.
10-12 RE
: Non-stock corporation; Voting by mail
Opinion No.
10-10 RE
: Liquidation
Opinion No.
10-09 RE
: Foreigners as Corporate Directors
Opinion No.
10-08 RE
: Foreign Equity in Ship Management and Ship Manning
Corporations
Opinion No.
10-07 RE
: Effect of Revocation of License to Transact Business in
the Philippines
Opinion No.
10-06 RE
: Liquidation
Opinion No.
10-05 RE
: Business Processing and Collection Center as a Financing
Company
Opinion No.
10-04 RE
: Investment of corporate funds in corporate notes.
Opinion No.
10-03 RE
: Assignment of Leasehold Rights
Opinion No.
10-02 RE
: Close holding corporation; Founder's shares
Opinion No.
10-01 RE
: Allowed activities for a foreign bank's representative
office in the Philippines.
Opinion No.
09-01-A RE
: Citizenship Requirement to participate in Private
Recruitment.
Opinion No.
09-33 RE
: Activities that a foreign-owned corporation may engage.
Opinion No.
09-32 RE
: Increase of Foreign Equity in a Domestic Corporation
engaged in online casino.
Opinion No.
09-31 RE
: Corporate Liquidation
Opinion No.
09-30 RE
: Exemption of 100% foreign owned holding company from
minimum paid-up capital requirement.
Opinion No.
09-29 RE
: Powers of a Corporation
Opinion No.
09-28 RE
: Lending Company Regulation; Foreign equity threshold
Opinion No.
09-27 RE
: Proxy : Non-eligibility for Election to the Board
Opinion No.
09-26 RE
: Increase of Capital Stock and Consideration for Stock
Opinion No.
09-25 RE
: Special Purpose Vehicle Act: Consideration for True Sale
Opinion No.
09-24 RE
: Mass revocation orders; Powers of a Revoked Corporation
Opinion No.
09-23 RE
: Foreign Equity Participation in Construction Business
Opinion No.
09-22 RE
: Retail trade; R.A. No. 8762
Opinion No. 09-21-A RE
: Redemption of Preferred Shares; Treasury Shares
Opinion No.
09-21 RE
: Redemption of Preferred Shares; Treasury shares
Opinion No.
09-20 RE
: Corporate Powers : Ultra Vires Acts
Opinion No.
09-19 RE
: Rights of a corporation under liquidation
Opinion No.
09-18 RE
: Foreign Corporation : Doing Business
Opinion No.
09-17 RE
: Application of Anti-Dummy Law to a Condominium
Corporation
Opinion No.
09-16 RE
: Secondary License
Opinion No.
09-15 RE
: Nationality Requirement on Rice and/or Corn Industry
Opinion No.
09-14 RE
: Freight Forwarding and Anti-Dummy Law
Opinion No.
09-13 RE
: Effective Date of Merger
Opinion No.
09-12 RE
: Concept of "doing business"
Opinion No.
09-11 RE
: Power of a Corporation to Purchase Its Own Shares
Opinion No.
09-10 RE
: Reclassification of Shares; Required Equity under the
Finance Company Act
Opinion No.
09-09 RE
: Control Test : Alien Acquisition of Land
Opinion No.
09-08 RE
: Ownership, Control, Administration and Student Population
of Educational Corporations
Opinion No.
09-07 RE
: Foreign Corporation : Doing Business
Opinion No.
09-06 RE
: Eligibility and Removal of Directors/Trustees
Opinion No.
09-05 RE
: Regular meeting of board of directors.
Opinion No.
09-04 RE
: Registration of Securities. Macam Larcia Ulep & Borge Law
Offices.
Opinion No.
09-03 RE
: Anti-Dummy Law: Foreign Manager/Director
Opinion No.
09-02 RE
: Sebastian Liganor & Galinato
Opinion No.
08-27 RE
: Foreign equity in Condominium Corporation
Opinion No. 08-11 RE
: Power of the Board to Enter in Suretyship Agreement and
to Issue Corporate Guarantee.
Opinion No. 07-18
RE
: Request for SEC Opinion on Compliance with the Ownership
Requirement for a Public Utility Mr.
Rafael Bueno Jr.
Opinion No. 07-19 RE
: Request for SEC Opinion on Compliance with the Ownership
Requirement for a Public Utility
Atty. Peter D. A.
Barot
Opinion No. 07-20 RE
: Request for SEC Opinion on the Ownership
Requirement for the grantees of public utility franchise
Atty. Amado M.
Santiago Jr.
Opinion No. 07-21 RE
: Request for SEC Opinion on the Ownership
Requirement for the grantees of public utility franchise
Atty. Andre Navato
Jr.
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