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

June 23, 2020

SEC NOTICE

TO :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. cSEDTC

In 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.

ATTACHMENT

DRAFT

SEC Memorandum Circular No. _____
Series of 2020

TO :All Concerned
SUBJECT:GUIDELINES FOR THE...

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