In the Matter of Caraga Indigenous Peoples Management and Development Corporation

September 4, 2014SEC CRMDIN THE MATTER OF CARAGA INDIGENOUS PEOPLES MANAGEMENT AND DEVELOPMENT CORPORATIONSEC Registration No. CS201030102FOR : Revocation of Corporate Registration on the Ground of Fraud in Procuring its Certificate of IncorporationORDERFor consideration of the Company Registration and Monitoring Department ("CRMD") is the letter-certification from BIR Commissioner Kim S. Jacinto-Henares to the Commission dated January 29, 2014, received by the Enforcement and Investor Protection Department ("EIPD") of this Commission, stating that some of the incorporators of CARAGA INDIGENOUS PEOPLES MANAGEMENT AND DEVELOPMENT CORPORATION used incorrect or invalid Tax Identification Numbers (TINs) in its articles of incorporation. CARAGA INDIGENOUS PEOPLES MANAGEMENT AND DEVELOPMENT CORPORATION ("subject corporation") is a stock corporation registered with the Commission on July 20, 2010 under SEC Registration No. CS201030102. Its declared principal office is located at Km. 2 Doongan Road, Butuan City. Based on its articles of incorporation, the primary purpose for which it was established is as follows:"To engage and/or provide professional and/or technical services for Indigenous Cultural Communities throughout Mindanao in the form of consultancy and representation, technical and...