Practice question
How does FRIA Section 7 initially treat separate juridical entities?
- As automatically merged whenever directors overlap
- As having no separate legal interests
- Each is considered a separate entity in the proceedings
- As dissolved upon affiliation
- As the same debtor whenever their logos match
Legal references
- RA 10142 (FRIA), Sections 4, 7, 9, 17-18, 31-35, 64-70 and 115-121: https://lawphil.net/statutes/repacts/ra2010/ra_10142_2010.html
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