Citihomes Tricycle Operators & Drivers Asso., Inc. vs. Molino-4 Citihomes Tricycle Operators & Drivers Asso., Inc.

[SEC-SICD * CASE NO. 10-96-5463. October 7, 1998.]

CITIHOMES TRICYCLE OPERATORS & DRIVERS ASSOCIATION (CHTODA), INC., petitioner, vs. MOLINO-4 CITIHOMES TRICYCLE OPERATORS & DRIVERS ASSOCIATION (M-4 CTODA), INC., respondent.

D E C I S I O N

This is a petition requiring the respondent to amend its corporate name by dropping the word "Citihomes".

As shown in the records, respondents failed to file their answer and for which they were declared in default per Order of December 5, 1996.

The facts of the case as established by evidence are as follows:

Petitioner is an association duly registered with the Commission on July 17, 1996, with principal office at Citihomes Subdivision, Bacoor Cavite; while respondent is likewise an association registered with the Commission on August 23, 1996 with principal office at Bacoor Cavite (Exhs. "A", "A-1", "B", and "B-1"). Petitioners had made a demand to the respondents for the latter to change their corporate name by dropping the word Citihomes therein. (Exh. "C").

The lone issue in this case is whether or not respondents corporate name "Molino 4 Citihomes Tricycle Operators &...

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