September 1, 2019

AN INDIVIDUAL APPOINTED BY THE BOARD BUT WHOSE POSITION IS NOT PROVIDED IN THE BY-LAWS IS NOT A CORPORATE OFFICER

An individual is not a corporate officer because neither the Corporation Code nor the by-laws of the respective corporations provided so. Thus, the SC held in […]
December 8, 2019

BAD FAITH CANNOT BE ASCRIBED ON CORPORATE OFFICER FOR FAILURE TO COMPLY WITH NOTICE REQUIREMENTS ON CLOSURE OF BUSINESS

Bad faith cannot be ascribed on any of the Corporation’s officers by the mere fact that the Corporation failed to comply with the notice requirement before […]
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