Back to Search
JurisprudenceG.R. No. 256634 -

G.R. No. 256634 - FOREST HILLS GOLF AND COUNTRY CLUB, INC., VS. SECURITIES AND EXCHANGE COMMISSION - COMPANY REGISTRATION AND MONITORING DEPARTMENT.D E C I S I O N - Supreme Court E-Library

En Banc

Cited Laws

RA 8799,RA 11232,
View Original SourceCompare
Share:

TL;DR — Ruling

WHEREFORE , premises considered, the Memorandum on Appeal is hereby DENIED . The Letter-Order of the CRMD dated 2 May 2014 is hereby AFFIRMED. FOREST HILLS is directed to amend its Articles of Incorporation to indicate that it is a stock corporation, within a period not exceeding one (1) year from receipt of this Decision. Let a copy of this Decision be furnished the Company Registration and Monitoring Department for information and appropriate action.

Decision

Ruling

WHEREFORE , premises considered, the Memorandum on Appeal is hereby DENIED . The Letter-Order of the CRMD dated 2 May 2014 is hereby AFFIRMED. FOREST HILLS is directed to amend its Articles of Incorporation to indicate that it is a stock corporation, within a period not exceeding one (1) year from receipt of this Decision. Let a copy of this Decision be furnished the Company Registration and Monitoring Department for information and appropriate action. SO ORDERED.