In re Medical Doctors, Inc.

July 9, 2019SEC EN BANC CASE NO. 10-11-247IN THE MATTER OF MEDICAL DOCTORS, INC. ("MDI")/MAKATI MEDICAL CENTER (2009 CERTIFICATION ON EXTENT OF COMPLIANCE WITH MANUAL ON CORPORATE GOVERNANCE)DECISIONThis resolves the Notice of Appeal and Memorandum of Appeal dated 17 October 2011 filed by Petitioner-Appellants Medical Doctors, Inc./Makati Medical Center ("MDI"), through counsel, on October 18, 2011 to assail the Letter-Resolution of the Corporation Finance Department (now known as the "Corporation Governance and Finance Department or "CGFD"). HTcADCTHE PARTIESAppellant MDI is a corporation duly organized and existing under the laws of the Philippines with office address at No. 2 Amorsolo Street, Makati City, primarily engaged in the hospital business.STATEMENT OF THE CASEOn 29 January 2010, appellant through counsel, filed the required 2009 Certification in compliance with the Manual on Corporate Governance before the CGFD via registered mail, attaching therein the original copy of the registry receipt and the Corporate Governance Self-Rating Form 1 (CG-SRF). Subsequently, MDI received a letter 2 from the CGFD on 2 July 2010 stating that the latter has yet to file its...