Professional Documents
Culture Documents
FORMATION OF CORPORATIONS
1. Organizing the Corporation
a. Promoters (Section 2 [r] of the Revised Securities Act [BP 178]) (Sections 60 and 61 of the
Corporation Code)
b. Subscription Contracts
(Sections 60 and 72 of the Corporation Code)
1. Purchase Agreement
2. Pre-Incorporation Subscription
(Sec. 61 of the Corporation Code)
- Offer Theory
- Contract Theory
b. Articles of Incorporation
1. Procedure and Documentary Requirements
- As to contents and form (Section 14 and 15)
- As to corporate name (Section 18)
10. Red Line Transit vs. Rural Transit, 60 PHIL 549 (1934)
11. Philippine Insurance vs. Hartigan, 34 SCRA 252 (1970)
12. Universal Mills vs. Universal Textile, 78 SCRA 62 (1977)
13. Ang mga Kaanib sa Iglesia ng Dios kay Kristo Hesus vs. Iglesia ng Dios kay Cristo
Hesus, GR No. 137592, December 12, 2001
2. As to purpose (Section 14 [2])
16. Alhambra Cigar & Cigarette vs. SEC, 25 SCRA 269 (1968)
17. Benguet Consolidated vs. Pineda, 98 PHIL 711 (1956)
19. Loyola Grand Villas vs. CA, GR No. 117188 [07 August 1997]
20. PMI Colleges vs. NLRC, GR No. 121466 [15 August 1997]
21. Pena vs. CA, 193 SCRA 7117 (1991)
a. Adoption Procedure (Section 46)
b. Contents (Section 47)
c. Amendments (Section 48)
C. RECOGNITION AND DISREGARD OF CORPORATENESS
1. Separate Juridical Personality
45. Arnold vs. Willets and Paterson, Ltd., 44 PHIL 634 (1923)
46. La Campana Coffee vs. Kaisahan, 93 PHIL 160 (1953)
47. Yutivo Sons Hardware vs. CTA, 1 SCRA 160 (1961)
48. Liddell & Co. vs. Collector, 2 SCRA 632 (1961)
49. Ramirez Telephone vs. Bank of America, 29 SCRA 191
50. Guatson International vs. NLRC (GR No. 100322 [1994])
51. Concept Builders, Inc. vs. NLRC (GR No. 108734 [1996])
c. Equity cases
DIVISION OF LABOR
1-16 MANU
17-32 KIM
49-61 YOSEF