Friday, May 1, 2026
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Tag: Revised Corporation Code of the Philippines

SEC to enforce 9-year term cap for independent directors

The Securities and Exchange Commission (SEC) has issued draft rules to strictly enforce a nine-year term limit and fixed three-year tenure for independent directors...

SEC to disqualify convicted company officers, directors

The Securities and Exchange Commission is drafting rules to enforce the disqualification of convicted directors, trustees and officers from companies. Directors and officers of companies,...

SEC’s draft rules further bolster right of minority owners

The Securities and Exchange Commission drafted rules that will empower minority shareholders of publicly-listed companies to call for special meetings and include items in...

Sale of 51% of company assets needs 2/3 approval

The Securities and Exchange Commission wants companies planning to dispose of at least 51 percent of their assets to obtain two-thirds approval from their...

SEC issues rules on firms’ revival

The Securities and Exchange Commission issued draft guidelines on the revival of corporations whose terms had expired prior to the enactment of Republic Act...
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