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    Meeting 7

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    Jacky Joynnier
    The document discusses various topics related to stockholders and board meetings under the Corporation Code of the Philippines, including rules regarding quorum for meetings, teleconferencing/videoconferencing, who presides over meetings, voting rights of security holders and in cases of joint stock ownership, proxies, voting trusts, instances where stockholders have appraisal rights, how appraisal rights are exercised and related timelines, who bears the costs of appraisal, rights of transferees, requirements for board resolutions, rights of stockholders to inspect corporate documents and records, and derivative suits. It provides various case citations related to these topics.

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    Meeting 7

    Uploaded by

    Jacky Joynnier
    11 views2 pages
    The document discusses various topics related to stockholders and board meetings under the Corporation Code of the Philippines, including rules regarding quorum for meetings, teleconferencing/videoconferencing, who presides over meetings, voting rights of security holders and in cases of joint stock ownership, proxies, voting trusts, instances where stockholders have appraisal rights, how appraisal rights are exercised and related timelines, who bears the costs of appraisal, rights of transferees, requirements for board resolutions, rights of stockholders to inspect corporate documents and records, and derivative suits. It provides various case citations related to these topics.

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    Corporation and Basic Securities Law

    Original Title

    MEETING-7

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    The document discusses various topics related to stockholders and board meetings under the Corporation Code of the Philippines, including rules regarding quorum for meetings, teleconferencing/videoconferencing, who presides over meetings, voting rights of security holders and in cases of joint stock ownership, proxies, voting trusts, instances where stockholders have appraisal rights, how appraisal rights are exercised and related timelines, who bears the costs of appraisal, rights of transferees, requirements for board resolutions, rights of stockholders to inspect corporate documents and records, and derivative suits. It provides various case citations related to these topics.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    11 views2 pages

    Meeting 7

    Uploaded by

    Jacky Joynnier
    The document discusses various topics related to stockholders and board meetings under the Corporation Code of the Philippines, including rules regarding quorum for meetings, teleconferencing/videoconferencing, who presides over meetings, voting rights of security holders and in cases of joint stock ownership, proxies, voting trusts, instances where stockholders have appraisal rights, how appraisal rights are exercised and related timelines, who bears the costs of appraisal, rights of transferees, requirements for board resolutions, rights of stockholders to inspect corporate documents and records, and derivative suits. It provides various case citations related to these topics.

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    of 2

    MEETING 7

    STOCKHOLDERS AND MEMBERS

    Regular and Special Meetings of Sec. 52


    Directors or Trustees; Quorum

    Tan v. Sycip, GR 153468, 2006

    Teleconferencing/Videoconferencing Expertravel & Tours v. CA, G.R. No. 152392 May 26, 2005

    Espiritu v. Petron Corporation, G.R. No. 170891 November


    24, 2009

    Who Shall Preside at Meetings Sec. 53

    Right to Vote of Secures Creditors Sec. 54

    Voting in Case of Joint Ownership of Sec. 55


    Stock

    Proxies Sec. 57

    Cezar Yatco Real Estate Services v. Bel-Air Village


    Association, G.R. No. 211780, November 21, 2018

    Voting Trusts Sec. 58

    Lee v. CA, G.R. No. 93695 February 4, 1992

    Appraisal right Cua v. Tan, G.R. No. 181455-56 December 4, 2009

    Turner v. Lorenzo Shipping, G.R. No. 157479 November 24,


    2010

    Instances of Appraisal right Sec. 80

    How exercised Sec. 81

    Effect of Demand and Termination of Sec. 82


    Right

    When Right to Payment Ceases Sec. 83

    Who Bears Costs of Appraisal Sec. 84

    Rights of Transferee Sec. 85

    Board resolution PP v. Dumalo, G.R. No. 168918 March 2, 2009

    Right to inspect RP v. SB, G.R. No. 88809 July 10, 1991

    Grey v. Insular Lumber, G.R. No. L-45144 April 3, 1939


    Aguirres v. FQB+7, G.R. No. 170770 January 9, 2013

    Ang-Abaya v. Ang, G.R. No. 178511 December 4, 2008

    Terelay Investment v. Yulo, G.R. No. 160924, August 05,


    2015

    Remedial Rights

    Derivative suits Legaspi Towers 300 v. Muer, G.R. No. 170783 June 18, 2012

    Filipinas Port Services v. Go, G.R. No. 161886 March 16,


    2007

    Reyes v. Zenith Insurance, G.R. No. 165744 August 11, 2008

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