August 26, 2008
SEC CRMD CASE NO. 08-07-0005
IN THE MATTER OF TRANSPOWER BUILDERS AND DEVELOPMENT CORPORATION
SEC REG. NO. A199802626
FOR: SETTING ASIDE THE ORDER OF REVOCATION OF THE CERTIFICATE OF REGISTRATION
O R D E R
Petitioner, TRANSPOWER BUILDERS AND DEVELOPMENT CORPORATION, is a stock corporation registered with the Commission on March 3, 1998, under SEC Registration No. A199802626, with principal office address at John St., corner Patrick St., Pleasantview Subdivision, Tandang Sora, Quezon City engaged in the business of general construction as stated in its Articles of Incorporation. EDaHAT
On December 1, 2005, its Certificate of Registration was revoked by the Commission, by virtue of SEC Order dated October 25, 2005, published on October 28, 2005 in the Philippine Daily Inquirer for non-filing of reports.
Petitioner now prays for the setting aside of the Order of Revocation dated October 25, 2005, on the following grounds:
1. the officers were not aware of the Commission's reportorial requirements; and
2. that it is actually operational despite the non-filing of Commission's reports.
In support of its Petition, Petitioner submitted the following documents: 1
1. Trustees' Certificate...