Beruflich Dokumente
Kultur Dokumente
Course Outline
• Monfort Hermanos Agricultural Dev. Corp. vs. Monfort III (434 SCRA 27
[2004])
a. Theory of Concession
• Tayag vs. Benguet Consolidated, Inc. (26 SCRA 242 [1968])
❖ Exceptions
a. Exploitation of Natural Resources (Section 2, Article XII, 1987 Constitution)
b. Ownership of Land
d. War-Time Test
e.
Investment Test (Sec.3[a] and [b], Foreign Investment Act of 1991,
R.A. No. 7042)
f. Anti-Dummy Law
b. Liability for Crimes
• Ching vs. Secretary of Justice (481 SCRA 602 [2006])
c. Constitutional Rights
e. Practice of Profession
• Acebedo Optical vs. CA (329 SCRA 314 [2000])
f. Public Corporation
• Polytechnic University vs. CA (368 SCRA 691 [2001])
g. Private Corporation
i. Domestic Corporation
b. Common Shares
i. Escrow Shares
6. Incorporators (Sec. 10; 14[5])
7. Minimum Capital Stock Required of Stock Corporations (Secs. 12 &
13)
(Sec.17)
7. How By-Laws May Be Repealed or New By-Laws Adopted (Sec. 48)
a. Vacancy
b. Notice
f. Teleconferencing
• Kwok vs. Philippine Carpet Mfg. Corp. (457 SCRA 465 [2005])
• Secosa vs. Heirs of Erwin Suarez Francisco (433 SCRA 273 [2004])
• Rovels Enterprises vs. Ocampo (392 SCRA 176 [2002])
c. Duty of Loyalty (Secs. 31; 34; 46)
• Gokongwei vs. SEC (89 SCRA 336 [1979])
• A.C. Ransom Labor Union vs. NLRC (142 SCRA 269 [1986])
• Carag vs. NLRC (520 SCRA 28 [2007]) – contrary ruling to A.C.
Ransom Doctrine
• Yao Ka Sin Trading vs. CA (209 SCRA 763 [1992])
• China Banking Corp. vs. CA (270 SCRA 503 [1997])
5.
Power to Increase or Decrease Capital Stock; Incur, Create or Increase
Bonded Indebtedness (Sec. 38)
• Caltex (Phils.), Inc. vs. PNOC Shipping and Transport Corp. (498
SCRA 400 [2006])
b. Limitations That May Be Placed on Right to Vote (Sec. 6)
c. Right to Vote of Pledgors, Mortgagors and Administrators (Sec.
55)
• Gochan vs. Young (354 SCRA 207 [2001])
• R.N. Symaco Trading Corp. vs. Santos (467 SCRA 312 [2005])
• Chua vs. CA (443 SCRA 259 [2004])
c. Corporation’s Retained Counsel Disqualified to Defend the Director
8. Appraisal Right
a. When Right of Appraisal May Be Exercised (Secs.11; 16; 40; 42; 77)
9.
Right to Receive Proportionately the Net Assets of the Corporation After
Dissolution
VII. SHARES OF STOCK, STOCK CERTIFICATES & SUBSCRIPTION AGREEMENTS
(Sections 60-73)
• Pacific Basin Securities Co. vs. Oriental Petroleum & Minerals Corp. (531
SCRA 667 [2007])
• Tan vs. SEC (206 SCRA 740 [1992])
• Batangas Laguna Tayabas Bus Co. vs. Bitanga (362 SCRA 635 [2001])
• Bitong vs. CA (292 SCRA 304 [1998])
• Chua Guan vs. Samahang Magsasaka (62 Phil. 472 [1935])
• Provident International Resources Corp. vs. Venus (554 SCRA 540 [2008])
• Lanuza vs. CA (454 SCRA 54 [2005])
• Caltex (Phils.), Inc. vs. PNOC Shipping & Transport Corp. (498 SCRA
400 [2006])
• Garcia vs. SSS Legal & Collection (540 SCRA 459 [2007])
• Barayoga vs. Asset Privatization Trust (473 SCRA 690 [2005])
d. Equity Transfers
• Phil. Veterans Investment Dev. Corp. vs. CA (181 SCRA 669 [1990])
• Manlimos vs. NLRC (242 SCRA 145 [1995])
• PNB vs. Andrada Electric & Engineering Co. (381 SCRA 244 [2002])
• Babst vs. CA (350 SCRA 341 [2001])
3. Spin-Offs
11. Foundations
2. Requirements for Close Corporation (Sec. 96)
c. Association Dues
a. Nature of Dissolution
(4) Shortening of corporate term (Sec. 120)
(5) Failure to organize and commence business within 2 years from date
• PNB vs. CFI of Rizal, Pasig, Br. XXI (209 SCRA 294 [1992])
c. Voluntary Dissolution
d.
Liquidation Effected by Transferring the Corporate Assets to a
Trustee or
Receiver (Sec. 122)
• B. Van Zuiden Bros., Ltds vs. GTVL Manufacturing Industries (523 SCRA 233
[2007])
• Rimbunan Hijau Group of Companies vs. Oriental Wood Processing Corp.
(470 SCRA 650 [2005])
• Mentholatum vs. Mangaliman (72 Phil. 524 [1941])
• Mavest (USA), Inc. vs. Sampaguita Garment Corp. (470 SCRA 440 [2005])
(2)
Execution of Assignment Contracts Per Se Does Not Determine Doing
Business
• Far East International vs. Kogyo (6 SCRA 725 [1962])
• Home Insurance Co. vs. Eastern Shipping Lines (123 SCRA 424 [1983])
• Top-Weld Manufacturing vs. ECED, S.A. (138 SCRA 118 [1985])
c. Doctrine of Estoppel
• Merrill Lynch Futures, Inc. vs. CA (211 SCRA 824 [1992])
• Communication Materials and Design, Inc. vs. CA (260 SCRA 673
[1996])
d.
Legal Standing of Foreign Corporations to Sue on Corporate Names,
Tradenames and Trademarks
f. “Isolated Transactions”
• Lorenzo Shipping vs. Chubb and Sons, Inc. (431 SCRA 266 [2004])
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