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Philippine Bar review · Question

Practice question: Pre-incorporation Subscription Agreements

Essay Medium Jurisprudence

Practice question

A subscriber seeks unilateral withdrawal three months after signing, before filing, while formation remains timely. No other subscriber consents. Resolve under section 60.

Legal references

  • https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/86463 — RA 11232, section 60

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