JurisprudenceG.R. No. 246027

SECURITIES AND EXCHANGE COMMISSION, VS. 1ACCOUNTANTS PARTY-LIST, INC., REPRESENTED BY ITS PRESIDENT, CHRISTIAN JAY D. LIM, CHRISTIAN JAY D. LIM IN HIS PERSONAL CAPACITY AS CPA, FROILAN G. AMPIL, ALLAN M. BASARTE, VIRGILIO F. AGUNOD, AND JONAS P. MASCARI�AS.

En Banc

Cited Laws

RA 8799RA 9520RA 8981RA 9298RA 9280RA 10607RA 6938,RA 9520,RA 8791,RA 11232RA 8791RA 10607,RA 8424RA 8799,

Ruling

ACCORDINGLY , petitioner Securities and Exchange Commission's second Motion for Reconsideration is GRANTED . The Court's June 21, 2022 Decision and June 27, 2023 Resolution are REVERSED and SET ASIDE . On the grounds raised in the pleadings, Rule 68, paragraph 3 of the Implementing Rules and Regulations of Republic Act No. 8799, as amended, and Securities and Exchange Commission Memorandum Circular No. 13, series of 2009 are declared VALID and NOT UNCONSTITUTIONAL . SO ORDERED.

Related Laws

republic act

Republic Act No. 11037

RA 11037

executive order

Executive Order No. 593

executive order

Executive Order No. 579

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