When a policeman knocks on your door and wants to search your house, will you let him in? If you are standing in a street, can a policeman just search through your belongings? The answer is no, unless he is armed with a search warrant. No less than Art. III, Section 2 of the […]
FAQs on Search Warrants Read More »
Life is tough. So is business. So when the going gets tough, sometimes corporations need to close down. However, it is not as simple as packing up your things and leaving. A formal process must be done to legally close a corporation. One method is through the shortening of the corporate term. In the
Access to corporate records is vital in any corporation. Whether these records pertain to financial documents, human resources, operation endeavors, future plans, or even building and floor plans, these records help the officers, directors, and the stockholders map out the present and future directions for the company. In view of their significance, access to the
How to Compel a Corporation to Grant Access to Corporate Records Read More »
Philippine law treats shares of stock in a corporation as personal property. Similar to other personalty, the owner of the property can sell, assign, transfer or convey his property to another as he wishes. This is an attribute and principle of ownership which cannot be taken away. However, being in the nature of intangible personal
How to Transfer Shares of Stock in a Corporation Read More »
In any business venture, there are two resources which must be considered: capital and labor. Every businessman knows the saying “to make money, you have to spend money.” Every business entails a bit of risk-taking. The ability and the willingness to take certain calculated risks are almost always essential for every business venture to succeed.
Philippine Labor Law: Types of Employees Read More »
