liquidation

How does dissolution take effect when the corporate term is shortened?

Legal Answers /

How does dissolution take effect when the corporate term is shortened? A voluntary dissolution may be effected by amending the articles of incorporation specifically to shorten the corporate term (SEC. 136, Revised Corporation Code of the Philippines). A copy of the amended articles must be submitted to the SEC for approval. Upon the expiration of […]

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Image Article Death of a Spouse Nicolas & de Vega Law

How To Legally Move On After The Death Of Your Spouse

Legal Advice on Philippine Law and Jurisprudence /

This article talks about the process of liquidating the conjugal properties after the death of a spouse and the consequences of failure to perform this legal requirement. If liquidation is not done, any disposition thereafter is void and if the surviving spouse remarries, a mandatory complete separation of property shall govern the subsequent marriage.

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