Proposed Guidelines for the Conversion of Corporations Either to One Person Corporation or to Ordinary Stock Corporation

June 23, 2020SEC NOTICETO :All Interested Parties   SUBJECT:Proposed Guidelines for the Conversion of Corporations Either to One Person Corporation or to Ordinary Stock Corporation Pursuant to Section 179 (o) of Republic Act No. 11232, otherwise known as the Revised Corporation Code of the Philippines, in conjunction with Title XIII, Chapter III of the same Code, the Commission intends to issue SEC Memorandum Circular providing for the Guidelines for the Conversion of Corporations Either to One Person Corporation or to Ordinary Stock Corporation. cSEDTCIn view of the foregoing, all interested parties are invited to submit their comments, positions and inputs on the SEC Memorandum Circular embodying the Guidelines for the Conversion of Corporations Either to One Person Corporation or to Ordinary Stock Corporation.All interested parties may submit their comments, positions and inputs to the Company Registration and Monitoring Department (CRMD), c/o Atty. Darwin C. Sotto, through email address ([email protected]) not later than 03 July 2020.Issued on June 23, 2020.ATTACHMENTDRAFTSEC Memorandum Circular No. _____Series of 2020 TO :All Concerned   SUBJECT:GUIDELINES FOR THE CONVERSION OF CORPORATIONS EITHER...