May 21, 2014
SEC CRMD CASE NO. 14-553
IN THE MATTER OF CHANELAY DEV. CORP. SEC REGISTRATION NO. 0000132297
FOR : Revocation of Certificate of Registration
ORDER
Before us is the case of CHANELAY DEV. CORP., a domestic stock corporation registered with Commission on April 29, 1986 under SEC Registration No. 0000132297.
CHANELAY DEV. CORP. ("subject corporation") was established primarily to engage in the following line of business:
"To engage in, conduct and carry on the business of real estate development for residential, commercial and industrial purposes. And to engage in other related business commonly dealt in by persons engage in the same industry."
The principal office of subject corporation is located at Unit 27Q, Burgundy Corporate Tower, Sen. Gil Puyat, Makati City, as indicated in its latest report, 2013 General Information Sheet. Its current officers, directors and stockholders, namely, Michael Say, Vivian Villarojas, Ephraim De Jesus, Carol Pinol and Gloria De Los Angeles, apparently are residing on the same address.
The records of this Commission show that subject corporation failed to submit the following reports within the prescribed period as required by...
