New Procedure: How to Liquidate a Closed Bank in the Philippines
The Supreme Court enacts New Rules of Procedure on Liquidation of Closed Banks The Supreme Court recently enacted new rules of procedure for the liquidation of closed banks in the Philippines. Scheduled to take effect on April 16, 2020, A.M. No.19-12-02-SC governs the Rules on Liquidation of Closed Banks (Rules). The Rules apply to local […]
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