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Free Legal Advice Philippines » GENERAL PRINCIPLES, UPDATES » LEGAL MATTERS, GEN PRINCIPLES, DOCTRINES, UPDATES » Commercial Law » Corporation Code » Exceptions where holders of non-voting shares may vote

Exceptions where holders of non-voting shares may vote

Message [Page 1 of 1]

1 Exceptions where holders of non-voting shares may vote Sun Oct 05, 2008 2:59 pm

corpo

Arresto Menor

Posts : 20
Join date : 05/10/2008

Exceptions where holders of non-voting shares may vote:
a. amendments of articles of incorporation
b. adoption/amendment of by-laws
c. increase/decrease of bonded indebtedness
d. increase/decrease of capital stock
e. sale/disposition of all/substantially all corporate property
f. merger/consolidation of corporation
g. investment of funds in another corporation/another business purpose
h. corporate dissolution

Message [Page 1 of 1]

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