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Showing 25–48 of 135 articles for “corporations”

Limits of Compensation Authority in Government Corporations: Insights from SSS v. COA

The Supreme Court clarifies when GOCCs may grant employee benefits without presidential approval, and when officers may be excused from refunding disallowed amounts.

Navigating the Legal Boundaries of Government-Owned Corporations: Insights from a Landmark Supreme Court Rulin

The Supreme Court upheld the GOCC Governance Act, clarifying the limits of security of tenure and delegation of powers.

Corporate Rehabilitation and Conservatorship: Key Insights from the CAP Pension Ruling

The Supreme Court clarifies the boundaries between corporate rehabilitation and conservatorship, and the limits of a rehabilitation court's jurisdiction over subsidiary corporations.

Piercing the Corporate Veil: Holding Affiliate Companies Liable for Illegal Dismissal

Philippine Supreme Court clarifies when affiliate corporations can be held solidarity liable for illegal dismissal and monetary awards in labor cases.

Verbal Contracts and Implied Ratification: Upholding Obligations in Broiler Chick Growing Agreements

The Supreme Court rules that verbal contracts bind parties even without a written agreement, and corporations may impliedly ratify unauthorized acts.

Government Control vs Corporate Structure: Defining Audit Jurisdiction in the Philippines

The Supreme Court rules that government control, not corporate form, determines COA audit jurisdiction over corporations in the Philippines.

Land Registration Proving Ownership for Public Land Acquisition

The Supreme Court clarifies what evidence is needed to register public land, and the limits on corporations acquiring such land.

Piercing the Corporate Veil: When a Corporation’s Assets Answer for an Individual’s Debt

The Supreme Court explains when courts may pierce the corporate veil—even for non-stock corporations—to make corporate assets answer for an individual’s judgment debt.

Corporate Inspection Rights: When Stockholder Disputes Become Intra-Corporate

Supreme Court clarifies when stockholder inspection disputes are intra-corporate controversies and how corporations may validly deny access to records.

Shareholder Rights Upholding Inspection Rights Despite Corporate Disputes

Supreme Court clarifies that stockholders' inspection rights remain enforceable in RTC even when majority shares belong to sequestered corporations.

Piercing the Corporate Veil: Employers' Liability for Unremitted SSS Contributions

Supreme Court clarifies that corporations cannot hide behind separate personality to escape liability for unremitted SSS contributions.

Piercing the Corporate Veil: When Can a Stockholder’s Assets Answer for Corporate Debts

The Supreme Court clarifies that stockholders are not automatically liable for corporate debts, even in close corporations, and explains when personal assets may be reached.

Rehabilitation for Defaulting Corporations Upholding Economic Recovery

The Supreme Court clarifies that corporations in default may still seek rehabilitation under the Interim Rules, promoting economic recovery.

Stockholder Inspection Rights Corporations Cannot Enjoin Access Preemptively

Philippine Supreme Court ruling: corporations cannot use injunction to preemptively block stockholders' statutory right to inspect corporate books and records.

Stockholders' Right to Inspect Corporate Records vs. Corporate Injunction: Key Insights from PASAR v. Lim

Explore the Supreme Court's ruling in PASAR v. Lim on why corporations cannot use injunction to block stockholders' inspection rights under Section 74.

Corporate Control and Stock Ownership: Resolving Disputes in Philippine Corporations

A Supreme Court ruling clarifies how stock ownership disputes affect corporate elections and why prior rulings cannot be overstretched.

Corporate Rehabilitation Venue and Joint Petitions Under Philippine Law

The Supreme Court clarifies venue rules for corporate rehabilitation and disallows joint petitions by separate corporations under the Interim Rules.

Due Process in Membership Termination: The Imperative of Proper Notice in Non-Stock Corporations

Supreme Court ruling on Valley Golf clarifies that terminating a non-stock corporation membership requires proper notice under substantial justice principles.

Res Judicata Bars Relitigating Membership Disputes in Corporate Law

The Supreme Court clarifies when res judicata prevents corporations from relitigating membership issues already settled in prior cases.

Service of Summons on Corporations: Why Strict Compliance Matters in Philippine Law

Philippine Supreme Court clarifies that service of summons on corporations must strictly follow Rule 14, Section 11; substantial compliance no longer applies.

Service of Summons on Corporations: Strict Compliance Required in the Philippines

Philippine Supreme Court clarifies that service of summons on corporations requires strict compliance with Rule 14, Section 11, listing only specific officers.

Right to Inspect Corporate Books: Protecting Minority Stockholders' Interests in Philippine Corporations

A stockholder's right to inspect corporate books under the Corporation Code, explained through the Supreme Court's ruling in Terelay Investment v. Yulo.

Stockholder Inspection Rights: No Minimum Shareholding Required

Supreme Court clarifies that even a.001% stockholder can inspect corporate books under Section 74 of the Corporation Code, and corporations bear the burden of proving improper purpose.

Strict Compliance Required for Serving Summons on Domestic Corporations

The Supreme Court clarifies that service of summons on domestic corporations must strictly follow Rule 14, Section 11, or the court lacks jurisdiction.