Dental Management Center Corp. v. Company Registration and Monitoring Department

July 30, 2019SEC EN BANC CASE NO. 06-14-335DENTAL MANAGEMENT CENTER CORP. and FREDERIC G. PEIGNON, appellant, vs. COMPANY REGISTRATION AND MONITORING DEPARTMENT, represented by Director Ferdinand B. Sales, appellee.DECISIONThis resolves the Appeal of Dental Management Center Corp. (DMCC), 1 and Frederic G. Peignon from the letter-ruling of the Company Registration and Monitoring Department (CRMD) 2 denying DMCC's request for the issuance of a Certificate of Good Standing from the Securities and Exchange Commission. 3 Appellant DMCC, 4 is a domestic corporation duly organized and existing under Philippine Laws with principal office address at the 2nd Floor, ALGO Center, 162 L.P. Leviste St., Salcedo Village, Makati City. DMCC is doing business under the name and style of "METRO DENTAL CENTER." DMCC was incorporated with the following purposes:Primary PurposeTo establish, own, operate, maintain and manage dental centers and clinics and other related facilities and businesses including pharmacies, scientific research centers and other allied enterprises which shall provide professional, dental and surgical services and operations and prostethic dentistry, as well as to establish laboratory for dental fabrications and...