Practice question
A director knows the issuance consideration is insufficient. Which specified omission can trigger Section 64 liability?
- Not attending the company's anniversary.
- Not buying additional shares.
- Not issuing a press release.
- Failing to file written objection with the corporate secretary.
- Not changing the office address.
Legal references
- RA11232, RCC, Sections61–64: https://lawphil.net/statutes/repacts/ra2019/ra_11232_2019.html
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