Industrial Emulsions, Inc. v. Company Registration and Monitoring Department

January 9, 2018SEC EN BANC CASE NO. 12-17-434INDUSTRIAL EMULSIONS INCORPORATED Represented by Elpidio B. Valino, appellant, vs. COMPANY REGISTRATION AND MONITORING DEPARTMENT (CRMD), appellee.RESOLUTIONThis resolves the Appeal Memorandum filed by Industrial Emulsions Incorporated (Industrial) against Company Registration and Monitoring Department (CRMD) dated 16 November 2017. Under Part V, Rule III, Section 3-2 of the 2016 Rules of Procedure, an appeal may be taken within fifteen days from receipt by the party to an action of the adverse decision, final order or resolution of a Director of an Operating Department. In this case, Industrial did not indicate on what date it received the letter-reply of Dir. Sales dated 3 November 2016. We can only surmise that it was received between 3 November 2016 and 14 November 2016, when Industrial, instead of filing an appropriate appeal memorandum, sent a letter with the Office of the General Counsel, as a response to the denial of their request for the extension of its corporate life.On 23 January 2017, the Office of the General Counsel, as a reply to the...