In the Matter of Red Sea Bar & Restaurant, Inc.

June 11, 2014

SEC CRMD

IN THE MATTER OF RED SEA BAR & RESTAURANT, INC.
SEC Registration No. A199911738

FOR : Revocation of Certificate of Incorporation for Violation of the Corporation Code of the Philippines and the SEC Rules and Regulations on Reportorial Requirements

ORDER

WHEREAS, the records of this Commission show that RED SEA BAR & RESTAURANT, INC., (hereafter referred to as the "corporation"), registered with the Commission on 26 July 1999 under SEC Registration No. A199911738, failed to submit the following as required by the Corporation Code of the Philippines and the SEC rules and regulations on reportorial requirements:

Requirements
Not Filed
General Information Sheet
2000-2002; 2004-2013
Financial Statements
2005-2012
Stock and Restaurant
Not Registered

WHEREAS, Section 141 of the Corporation Code of the Philippines requires corporations to submit their annual reports to the Commission, such as, General Information Sheets and the 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...

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