What are the consequences if a registered owner fails to use their mark in the Philippines?
Failure to use a mark in the Philippines for three uninterrupted years without reason allows for its cancellation.
Failure to use a mark in the Philippines for three uninterrupted years without reason allows for its cancellation.
What are the consequences if a corporation fails to formally organize and commence business? If a corporation fails to formally organize and commence its business within five (5) years from the date of its incorporation, its certificate of incorporation is automatically deemed revoked (SEC. 21, Revised Corporation Code of the Philippines). This revocation takes effect