CIVIL PROCEDURE Rules 1 – 71 I. GENERAL PRINCIPLES Concept of Remedial Law Remedial Law is that branch of law which prescribes the method of enforcing rights or obtaining redress for their invasion Substantive Law as Distinguished from Remedial Law Substantive law creates‚ defines and regulates rights and duties regarding life‚ liberty or property which when violated gives rise to a cause of action (Bustos v. Lucero‚ 81 Phil. 640). Remedial law prescribes the methods of enforcing
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Revised Bagtas Reviewer by Ve and Ocfe 2A ATENEO DE MANILA LAW SCHOOL OUTLINE ON PHILIPPINE CORPORATE 2ND SEMESTER‚ SY 2004-2005 I. HISTORICAL BACKGROUND 1. Philippine Corporate Law:2 Sort of Codification of American Corporate Law Under American sovereignty‚ attention was drawn to the fact that there was no entity in Spanish law exactly corresponding to the notion "corporation" in English and American law; the Philippine Commission enacted the Corporation Law (Act No. 1459)‚ to introduce the American
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Flag of Philippines There are three fields on the Philippine flag. The white equilateral triangle is on the hoist side‚ a band of blue at the top‚ and a band of red at the bottom. An eight rayed yellow sun at the center of the triangle. A small five pointed star is located at each corner of the triangle. General Emilio Aguinaldo‚ who the first President of the Philippines and a leader in the revolution against Spanish rule for Philippine‚ designed the Philippine flag. He did this while in exile
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ROAD MAP TOWARDS THE CREATION OF THE BANGSAMORO Based on the Framework Agreement on the Bangsamoro and the Annex on Transitional Arrangements and Modalities 1 2 CREATION OF TRANSITION COMMISSION (TC) President Aquino signed Executive Order 120 on Dec. 17‚ 2012 that provided for the creation of the TC‚ which the Senate and Congress supported with their respective resolutions. 6 DRAFTING OF THE BANGSAMORO BASIC LAW BY THE TC 5 PLEBISCITE FOR THE BANGSAMORO BASIC LAW PASSAGE OF THE BASIC LAW
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Supermarkets Payment Transaction Number: (refer to SEC Teller) Reservation Fee: Php 40.00 Important Reminders: Please pay within 4 days (on or before June 19‚ 2014‚ except on Saturdays and Sundays) at any SEC office or at selected UnionBank branches. Please file your SEC Registration forms within the reservation period at SEC office. You may also accomplish and print your SEC Registration forms online. For more details‚ please visit the SEC i-Register site at iregister.sec.gov.ph. In case
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REPUBLIC OF THE PHILIPPINES Office of the Punong Barangay _____________‚ Mandaue City BARANGAY CLEARANCE (Required under Sec. 152‚ Par. (c)) This is to certify that __________________________‚ doing business under the style and name _________________________________‚ (if any) is legitimately engaged in the business of ____________________________ (refer to footnote)‚ with address at ________________________________________ Mandaue City. The applicant has been doing business within the barangay
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the citation to the applicable Circular 230 section(s). For example‚ sec. 10.32 or 10.32. Malcom receives an Information Document Request (IDR) from the IRS for his books and records. Malcom picked up his books and records from his accountant and gave them to his uncle for safekeeping. You have filed a Form 2848‚ Power of Attorney‚ with the IRS and the Revenue Agent has sent you a copy of the IDR. What are your duties Sec. 10.20‚ states that the duties that I have are to provide and submit records
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obligations‚ negotiable instruments are not legal tender (Sec. 60‚ New Central Bank Act‚ R.A. 7653); Negotiable instruments shall produce the effect of payment only when they have been encashed or when through the fault of the creditor they have been impaired. (Art. 1249‚ CC) BUT a CHECK which has been cleared and credited to the account of the creditor shall be equivalent to a delivery to the creditor of cash. Negotiable Contains all the requisites of Sec. 1 of the NIL Transferred by negotiation HDC may
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The SEC alleges that from 1998 to 2000‚ Computer Associates routinely kept its books open to record revenue from contracts executed after the quarter ended in order to meet Wall Street quarterly earnings estimates. In total‚ Computer Associates prematurely recognized $2.2 billion in revenue in FY2000 and FY2001 and more than $1.1 billion in premature revenue in prior quarters. In addition‚ Computer Associates‚ through former executives Kumar‚ Richards and Woghin and others‚ obstructed the SEC ’s
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the company. Base on the SEC consent we can divide the IPO process in two parts; one is work before Consent and another in work after consent. Work Before Consent consists of Selection of Advisors‚ Completion of Valuation and restructuring‚ Selection of Bankers to the Issue‚ Selection of underwriters‚ Collection of NOC from Lenders‚ Audit of Accounts‚ Credit Rating Report‚ Agreement with CDBL‚ Approval from Sponsors‚ Refund warrant guarantee‚ Draft Prospectus‚ Consent from SEC‚ and Application Submission
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