May 6, 2014
SEC CRMD
IN THE MATTER OF MONDRAGON INT'L. PHIL., INC.
SEC Registration No. 0000037363
FOR : Revocation of Certificate of Registration for Violation of the Corporation Code and SEC Rules and Regulations on Reportorial Requirements
ORDER
WHEREAS, the records of this Commission show that MONDRAGON INT'L. PHIL., INC. ("subject corporation"), registered with the Commission on January 28, 1969 under SEC Registration No. 0000037363, failed to submit the following within the prescribed period as required by the Corporation Code and the rules and regulations on reportorial requirements of the Commission:
Requirements | Filed Late | Not Filed |
General Information Sheet | - | 1999-2013 |
Financial Statements | 1997-1998 | 1999-2012 |
Stock and Transfer Book | Not Registered |
WHEREAS, Section 141 of the Corporation Code requires every corporation to submit annual reports to the Commission, such as General Information Sheet and Financial Statements, thus:
"Every corporation, domestic or foreign, lawfully doing business in the Philippines shall submit to the Securities and Exchange Commission an annual report of its operations, together with a financial statement of its assets and liabilities, certified by any independent certified public accountant in appropriate cases, covering the preceding fiscal...