How are aiders and abettors penalized for violating the Revised Corporation Code?
Anyone who shall aid, abet, counsel, command, induce, or cause any violation of this Code, or any rule, regulation, or order of the SEC, shall face a penalty (SEC. 172, Revised Corporation Code of the Philippines). The punishment imposed upon these secondary actors shall be a fine not exceeding that imposed on the principal offenders. The court determines the specific fine at its discretion, taking into account the extent of the individual’s participation in the offense. This provision ensures that collaborators and instigators of corporate violations are held liable even if they were not the primary corporate entity or officer involved.
02 November 2025
About Nicolas and De Vega Law Offices
Nicolas and De Vega Law Offices is a full-service law firm in the Philippines. You may visit us at the 16th Flr., Suite 1607 AIC Burgundy Empire Tower, ADB Ave., Ortigas Center, 1605 Pasig City, Metro Manila, Philippines. You may also call us at +632 84706126, +632 84706130, +632 84016392 or e-mail us at [email protected]. Visit our website https://ndvlaw.com/.
