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What Are The Duties Of The Corporate Secretary In Corporate Meetings?

Legal Advice on Philippine Law and Jurisprudence /

This article is about the duties of a Corporate Secretary in corporate meetings. The Corporate Secretary is tasked to send out the notices of meetings, receive proxies, certify the existence of a quorum, note the vote of the directors, ensure the proper holding of the meeting and issue a Secretary’s Certificate to attest to what transpired during the meeting.

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corporate term image article Nicolas & de Vega Law Offices

How Long Is The Life Of A Corporation?

Legal Advice on Philippine Law and Jurisprudence /

This article talks about the term of existence of a corporation. Pursuant to the Revised Corporation Code, a corporation shall have a perpetual existence, unless its Articles of Incorporation provides otherwise. The existence of a corporation may be affected by shortening the corporate term, voluntary and involuntary dissolution.

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Board Meeting Image Article Nicolas & de Vega Law Offices

How To Conduct Board Meetings In Accordance With The Revised Corporation Code

Legal Advice on Philippine Law and Jurisprudence /

This Article discusses how to conduct board meetings under the Revised Corporation Code. Proper notices must be sent to the directors at least 2 days prior to the board meeting. The Chairman of the Board presides during the meeting and a quorum is necessary to transact corporate business. Directors who cannot attend physically may attend and vote through videoconferencing and other alternative modes of communication.

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A Guide on One Person Corporations in the Philippines

Legal Advice on Philippine Law and Jurisprudence /

A One Person Corporation (”OPC”) may be formed in the Philippines whereby the OPC is composed of a single stockholder who can only be a natural person, trust or estate. Its term of existence is perpetual but in case of a trust or estate, the term shall be co-terminous with the existence of the trust or estate.

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An Unregulated Franchising Environment (updated October 2019)

Legal Advice on Philippine Law and Jurisprudence /

In the Philippines, there is no requirement to register a franchising agreement. A Technology Transfer Arrangement need not be registered with the Intellectual Property Office if it complies with the mandatory provisions and does not contain any of the prohibited clauses. On the other hand, some countries require that the franchise agreement be registered and oftentimes updated annually. Parenthetically, since there is no law specifically addressed at franchising, there is also no government agency charged with regulating the business of franchising in the Philippines. Perhaps, it is about time that Congress enact a law on franchising to protect the legitimate players in such thriving industry.

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Cooking-up Your Contracts using “Boilerplates”

Legal Advice on Philippine Law and Jurisprudence /

“Boilerplate” provisions refer to template provisions or “one-size-fits-all” clauses usually found at the end of most contracts. Because they are so-common, these provisions are often taken for granted especially by lawyers. To the perceptive eye however, boilerplate provisions should be considered as gems in a contract because they complete not only the aesthetic value, but

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