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Philippine Bar review · Question

Practice question: Sale of Delinquent Shares

Essay Medium

Practice question

Explain Section67’s bylaw-authorized alternative for individual sale notice and why it should not be confused with the newspaper publication requirement.

Legal references

  • RA11232 Revised Corporation Code: https://lawphil.net/statutes/repacts/ra2019/ra_11232_2019.html Section67, especially corporate bid, treasury-share and notice provisions.

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