Are the records of the National Library open to the public?
Public records and deposits held by the National Library and Supreme Court Library are open for public inspection.
Are the records of the National Library open to the public? Read More »
What information about a granted patent is published, and who may inspect the full patent documents?
Upon grant, patent details are published and any interested party may inspect the full documents.
When and how is a Philippine patent application published?
Applications are published after 18 months with a search report, and documents become open to public inspection.
When and how is a Philippine patent application published? Read More »
Are patent applications confidential before publication?
Before publication, patent applications and related documents remain confidential absent the applicants consent.
Are patent applications confidential before publication? Read More »
What are the penalties for the unjustified failure or refusal to allow the inspection or reproduction of corporate records?
What are the penalties for the unjustified failure or refusal to allow the inspection or reproduction of corporate records? The unjustified failure or refusal by the corporation, or those responsible for maintaining corporate records, to comply with the rules on inspection and reproduction shall be punished with a fine ranging from Ten thousand pesos (P10,000.00)
What is the scope of the SEC’s visitorial powers over corporations?
What is the scope of the SEC’s visitorial powers over corporations? The SEC shall exercise visitorial powers over all corporations, which are crucial for regulatory oversight and enforcement (SEC. 178, Revised Corporation Code of the Philippines). These powers include the examination and inspection of records, ensuring transparency and compliance with legal mandates. The visitorial authority
What is the scope of the SEC’s visitorial powers over corporations? Read More »
What confidentiality rules bind a party inspecting or reproducing corporate records?
What confidentiality rules bind a party inspecting or reproducing corporate records? The inspecting or reproducing party, whether a director, trustee, stockholder, or member, shall remain bound by confidentiality rules under prevailing laws (SEC. 73, Revised Corporation Code of the Philippines). These binding laws include specific statutes like Republic Act No. 8293, the Intellectual Property Code,
What confidentiality rules bind a party inspecting or reproducing corporate records? Read More »
What constitutes a valid defense for an officer or agent who refuses to allow the inspection of corporate records?
What constitutes a valid defense for an officer or agent who refuses to allow the inspection of corporate records? It shall be a valid defense to any action concerning refusal to allow inspection that the person demanding to examine the records has improperly used any information secured through any prior examination of the records of
What information must be contained in the Stock and Transfer Book?
What information must be contained in the Stock and Transfer Book? Stock corporations must keep a stock and transfer book, which contains a record of all stocks in the names of the stockholders, arranged alphabetically (SEC. 73, Revised Corporation Code of the Philippines). This book must detail the installments paid and unpaid on all subscribed
What information must be contained in the Stock and Transfer Book? Read More »
