PCC Clarifies the Coverage of Compulsory Notification in Land Acquisition
On 8 January 2019, the Philippine Competition Commission (“PCC”) issued Clarificatory Note No. 19-001 (“CN No. 19-001”) to guide the public on the coverage of compulsory notification under Republic Act No. 10667, otherwise known as the Philippine Competition Act (“PCA”) and its Implementing Rules and Regulations (“IRR”). Under Section 17 of the PCA, parties to
Read MoreSalient Changes under the Revised Corporation Code
Republic Act No. 11232, otherwise known as the “Revised Corporation Code of the Philippines” or “RCC”, was signed into law by President Rodrigo Duterte on 20 February 2019. The RCC took effect on 23 February 2019, following the completion of its publication in the Manila Bulletin and the Business Mirror. The new law updates the
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SEC Requesting For Comments On Proposed Guidelines
Subsequent to the passage of Republic Act No. 11232, otherwise known as the Revised Corporation Code, the Securities and Exchange Commission (“SEC”), through separate Notices issued on 15 March 2019, has requested for comments on three (3) of its proposed guidelines, namely: Amended Guidelines And Procedures On The Use Of Corporate And Partnership Names; Guidelines
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