January 6, 2009
SEC CRMD CASE NO. 08-10-0008
IN THE MATTER OF LIMCOMA FOUNDATION, INC.
SEC REGISTRATION NO. A200014367
FOR : Setting Aside the Order of Revocation of the Certificate of Registration
O R D E R
Petitioner, LIMCOMA FOUNDATION, INC., is a non-stock corporation registered with the Commission on 20 October 2000 under SEC Registration No. A200014367, with principal office address at Limcoma MPC Compound, General Luna St., Sabang, Lipa City, organized to promote social health and economic advancement, as stated in its Articles of Incorporation. aTIEcA
On 02 August 2006, its Certificate of Registration was revoked by the Commission, by virtue of SEC Order dated 27 June 2006, published on 03 July 2006 in the Philippine Star, for non-filing of reports.
Petitioner now prays for the setting aside of the Order of Revocation dated 27 June 2006, on the following grounds:
1. that Petitioner's officers were not aware of the rules and regulations regarding the filing of SEC reportorial requirements; and
2. that Petitioner has been in continuous operation since 2001 to present and it intends to continue its operation.
In support of its...