Voluntary license contracts must be governed by Philippine law, with litigation venues set at the licensee’s principal office location.
What mandatory provision regarding governing law must be in a license? Read More »
What restrictions apply to the place of meetings for members of a nonstock corporation? While the bylaws may authorize members of a nonstock corporation to hold their regular or special meetings at any place, even outside the principal office of the corporation, a specific geographic restriction remains (SEC. 92, Revised Corporation Code of the Philippines).
What restrictions apply to the place of meetings for members of a nonstock corporation? Read More »
Where must stockholders’ or members’ meetings be held? Stockholders’ or members’ meetings, whether regular or special, must generally be held in the principal office of the corporation as designated in the articles of incorporation (SEC. 50, Revised Corporation Code of the Philippines). If holding the meeting there is not practicable due to space or other
Where must stockholders’ or members’ meetings be held? Read More »
