Quisto v. Hernandez

October 25, 2018

SEC EN BANC CASE NO. 09-16-413
Double Filing of GIS

IN RE: OBLATE SISTERS OF THE MOST HOLY REDEEMER, INC.

SR. ALMA P. QUISTO, OSR, ET AL., appellant, vs. JOSE RAFAEL HERNANDEZ, ET AL., appellee.

DECISION

This is an Appeal of the COMPANY REGISTRATION AND MONITORING DEPARTMENT (CRMD) Order dated 26 August 2016, declaring as an intra-corporate dispute the double filing of General Information Sheets (GIS) by two groups of members, each claiming to be the duly-elected Board of Trustees, and directing that the conflicting GIS for 2014 and 2015 be marked "DISPUTED," in accordance with SEC Office Order No. 242, Series of 2013.

RELEVANT FACTS

OBLATE SISTERS OF THE MOST HOLY REDEEMER, INC. (OBLATE SISTERS) is a corporation duly-registered with the Commission. 1

On 14 January 2014, a GIS for 2014 was filed on behalf of OBLATE SISTERS, certifying that Appellant Sr. Alma P. Quisto (QUISTO) was elected Chairman of the Board at a members' meeting held on 13 January 2014. QUISTO's group later filed a GIS for 2015 on 13 January 2015.

On 10 October 2014, a GIS...

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