RCCP Sec. 35 vs. Sec. 41 Corporate Investment

	Section 35	Section 41
What may be exercised	General and implied powers	Investment only, not under implied power
Investment of funds	For primary purpose (an implied power under 35[k])	In another corporation, business or purpose
Approval	By a resolution of the Board	+⅔ OCS or members

Bryan Villarosa

Repository of law school notes | Real estate salesperson and financial advisor.

Pactum Commissorium

November 22, 2021

A stipulation in a contract which provides that the creditor or pledgee will automatically appropriate the thing mortgaged or pledged as security for a principal

In the Matter of the Petition for the Writ of Amparo and Habeas Data in favor of Noriel H. Rodriguez

May 24, 2022

Facts Noriel Rodriguez was abducted, detained, and tortured by members of the 17th Infantry Battalion of the Ph Army to undertake certain confessions in relation

From the Court’s standpoint, the defendant’s casual manner, insouciance and nonchalance, nay, indifference, to the predicament of the distressed corporation glaringly exhibited a lackadaisical attitude

Standard Oil vs. Jaramillo Digest

September 21, 2021

“A ‘Specie of Notice’” COMPLETE NAMES OF PARTIES: Standard Oil of New York, petitionerVs. Joaquin Jaramillo, register of deeds of Manila NUMBER AND DATE: GR

Life vs Property

January 27, 2022

The right to life is more sacred than a mere owning a property. That is not to encourage x x x theft, but merely to

People vs. Mendoza Digest

June 16, 2022

Full text Lesson: A bigamous marriage need no judicial decree of nullity. Facts Arturo Mendoza was sentenced by the CFI guilty of bigamy and sentencing him

English

Lex Rex Ph