Can the Secretary of Labor strictly require active recruitment entities to deeply submit regular employment status reports?
The Secretary of Labor can demand reports on employment status and vacancies whenever the public interest requires.
What are two special functions of the Corporate Secretary in a One Person Corporation related to the single stockholder’s status?
What are two special functions of the Corporate Secretary in a One Person Corporation related to the single stockholder’s status? The corporate secretary in a One Person Corporation has special functions beyond typical secretarial duties related to the single stockholder’s status (SEC. 123, Revised Corporation Code of the Philippines). They are responsible for notifying the
When is the deadline for a corporation to furnish a stockholder with its most recent financial statement upon written request?
When is the deadline for a corporation to furnish a stockholder with its most recent financial statement upon written request? A corporation is mandated to furnish a stockholder or member with its most recent financial statement within ten (10) days from receipt of their written request (SEC. 74, Revised Corporation Code of the Philippines). The
What is the deadline and content requirement for reporting the election of corporate officers and directors to the SEC?
What is the deadline and content requirement for reporting the election of corporate officers and directors to the SEC? Within thirty (30) days after the election of directors, trustees, and officers, the corporate secretary or another authorized officer must submit a report to the SEC (SEC. 25, Revised Corporation Code of the Philippines). This report
What are the functions and how is an emergency board to fill a vacancy constituted?
What are the functions and how is an emergency board to fill a vacancy constituted? An emergency board may be temporarily formed when a vacancy prevents the remaining directors from constituting a quorum, and critically, emergency action is required to prevent grave, substantial, and irreparable loss or damage to the corporation (SEC. 28, Revised Corporation
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