Philippine Bar review · Topic

Participation in Management; Voting Requirements

Explore Participation in Management; Voting Requirements in Stockholders and Members for the Philippine Bar. Browse subtopics and published practice…

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Practice questions

  1. Under section 22’s general rule, which body exercises corporate powers and conducts corporate business?
  2. Under section 56, may treasury shares vote while remaining in treasury?
  3. What is the maximum effective period of a proxy at any one time under section 57?
  4. A shareholder grants a security interest in shares but gives no written, recorded voting right to the secured creditor.…
  5. Two persons own shares expressly in an and/or capacity. Under section 55, may one of them vote the shares or appoint a …
  6. A corporation validly authorizes remote stockholder voting under section 57. A shareholder participates through that pr…
  7. A stockholder gives a signed proxy in a bylaw-authorized form, filed with the secretary within a reasonable time. It st…
  8. Explain the relationship between the board’s management role and stockholders’ participation rights.
  9. State section 57’s principal proxy requirements and duration rules for shareholder meetings.
  10. Explain authorized remote or in-absentia stockholder voting under section 57, including vote timing and quorum.
  11. Under Section 54, may a court-appointed executor attend and vote for the stockholder without a written proxy?
  12. For ordinary jointly owned shares not in and/or form, what is the general voting-consent requirement in Section 55?