August 22, 2011
SEC CRMD CASE NO. 11-219
IN THE MATTER OF ARLEFF HOLDINGS, INC. SEC. REG. NO. CS200800888
ARTHUR M. LOPEZ AND LETICIA J. LOPEZ, petitioners.
FOR : Petition for Revocation of the Certificate of Filing of Increase of Authorized Capital Stock
ORDER
This refers to the petition of ARLEFF HOLDINGS, INC., represented by Arthur M. Lopez and Leticia J. Lopez, President and Treasurer, respectively, verified on July 4, 2011, praying for the revocation of the increase of its authorized capital stock, approved on January 20, 2010, and the issuance of 7,500 shares from the unsubscribed portion, so as to warrant the reversion of its capital stock from P4,000,000.00 to P1,000,000.00, and the issued shares back to the original 2,500 shares, respectively.
Petitioner is a domestic corporation registered with the Commission on January 21, 2008, with principal office at La Maison Rada Condo. Corp., 115 Rada St., Legaspi Village, Makati City, established to operate as a holding company.
Petitioner alleges, among others, that:
1. At the time of its incorporation on January 21, 2008, it has an authorized capital stock of One...
