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Web25 Mar 2024 · AN ACT PROVIDING FOR THE REVISED CORPORATION CODE OF THE PHILIPPINES . TITLE VI. MEETINGS. SEC. 48. Kinds of Meetings. – Meetings of directors, trustees, stockholders, or members may be regular or special. ... from voting on the approval of the related party transaction without prejudice to compliance with the requirements of … Web16 Aug 2024 · In brief. To implement Section 10 of Republic Act No. 11232 or the Revised Corporation Code of the Philippines ("Revised Corporation Code"), the Securities and Exchange Commission (SEC) has issued Memorandum Circular No. 16 series of 2024 entitled: Guidelines on the Number and Qualifications of Incorporators under the Revised … WebPOWERS OF CORPORATIONS. Sec. 2. Corporation defined. - A corporation is an artificial being created by operation of law, having the right of succession and the powers, attributes and properties expressly authorized by law or incident to its existence. Theory of Concession -corporation mere creature and completely within the control of State. bodybuilding encyclopedia supplements