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Showing 1–2 of 2 articles for “stockholder approval”

Closing a Philippine Subsidiary: Legal Steps for a Foreign Parent's Exit

Closing a Philippine subsidiary? Learn the Revised Corporation Code rules on dissolution, from board and stockholder approval to SEC filing and tax clearance.

Corporate Rehabilitation Stockholder Approval: When a Majority Vote Suffices

Philippine Supreme Court clarifies when corporate rehabilitation petitions need only majority stockholder approval, not two-thirds vote.