Practice question
Who must sign the Section 135 petition on the corporate side?
- Only the largest creditor
- A majority of the board of directors or trustees
- Only one employee chosen by lottery
- Only the company’s printer
- All municipal officials
Legal references
- RA 11232: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/86463; Section 135.
Answer this question in flashcards to review your response and continue practicing.