October 30, 2017
SEC CASE NO. 01-12-363
USFIDO-DAJONG, INC., represented by its President: Eugenio M. Salibay, petitioner, vs. UPPER STA. FELOMINA INTEGRATED DEVELOPMENT ORGANIZATION-DAJONG, INC., represented by its President: Teodoro Nogalada, respondent.
FOR : Change of Corporate Name
DECISION
For consideration of the Office of the General Counsel is a Petition 1 of USFIDO-Dajong, Inc., (Petitioner) filed on 27 December 2011 praying that the corporate name of Respondent Upper Sta. Felomina Integrated Development Organization-Dajong, Inc., be cancelled/recalled in favor of the Petitioner.
A dajong is "a century old organization, created for purposes of helping with one another, (tinabangay), particularly in case of death of the member or dependent of the member." 2 It was also described as a vernacular word which means "mutual assistance in the neighborhood in terms of cash, in kind, or in the form of voluntary labor in times of death or in any serious emergency cases among its member." 3
The officers of the subject dajong, on 22 February 2008 passed a resolution adopting as its official name "Upper Sta. Felomina Integrated Development Organization, Inc.-Dajong" or...
