I.

Appraisal Right
a. Purpose
i. Case: See Cua, Jr. vs. Tan, 622 Phil. 661
b. When to Exercise Appraisal Right
i. Case: See Turner vs. Lorenzo Shipping Corp. 636 SCRA 13
c. Merger vs. Consolidation
i. Cases:
1. See McLeod vs. NLRC, et. al., G.R. No. 146667, January 23,
2007
2. Commissioner of Internal Revenue vs. Bank of Commerce, G.R.
No. 180529, November 25, 2013
d. Asset Sale vs. Stock Sale
i. Case: SME Bank, Inc. vs. De Guzman, G.R. No. 186641, October 8, 2013
e. Procedure in Merger or Consolidation
i. Cases:
1. Bank of Commerce vs. Radio Philippine Network, Inc., 722 SCRA 520
2. Mindanao Savings and Loan Association, Inc. vs. Willkom, 634
SCRA 291
f. Effect of Merger or Consolidation
i. Cases:
1. Associated Bank vs. Court of Appeals and Sarmiento, G.R. No.
123793, June 29, 1998
2. Babst vs. Court of Appeals, G.R. Nos. 99398 and 104625,
January 26, 2001
3. Bank of Philippine Islands vs. Lee, G.R. No. 190144, August 1, 2012
4. Sumifru (Philippines) Corp. vs. Baya, G.R. No. 188269, April 17,
2017
5. Philippine Geothermal Inc. Employees Labor Union vs. Unocal
Philippines, Inc., G.R. No. 190187, September 28, 2016
6. Global Business Holdings, Inc. vs. Surecomp Software, B.V., 633
SCRA 95
II. Non-Stock Corporation
a. Definition, Nature, Characteristics, and Purposes
i. Case: Manila International Airport Authority vs. City of Pasay, G.R. No.
163072, April 2, 2009
b. Membership; Right to Vote
i. Cases:
1. See Lim vs. Moldex Land, G.R. No. 206038, January 25, 2017
2. Ao-as vs. Court of Appeals, G.R. No. 128464, June 20, 2006
c. Non-transferability and Termination of Membership
i. Case: Valley Golf and Country Club vs. Vda de Caram, G.R. No. 158805,
April 16, 2009
d. Election and Term of Trustees
i. Case: See Lim vs. Moldex Land, G.R. No. 206038, January 25, 2017
III. Close Corporation
a. Sections 95 to 104, RCC
b. Open vs Close Corporation
c. Definition, Characteristics and Nature
i. Case: San Juan Structural and Steel Fabricators, Inc. vs. Court of
Appeals, 296 SCRA 631
d. Restriction on Transfer of Shares
i. Requisites
ii. Cases:
1. Republic vs. Sandiganbayan, G.R. No. 128606, December 4, 2000
2. J.G. Summit Holdings, Inc. vs. Court of Appeals, G.R. No.
124293, January 31, 2005
e. Effect of Issuance or Transfer of Stock in Breach of Qualifying Conditions
i. Case: Florente vs. Florente, Jr., G.R. No. 223321, April 2, 2018
f. Improperly Held Board Meeting
g. Case: Manuel R. Dulay Enterprises, Inc. vs. Court of Appeals, 225 SCRA 678
1. Corporation Sole
a. Procedure for Incorporating; Articles of Incorporation
b. Acquisition and Alienation of Property
i. Cases:
1. Roman Catholic Administrator of Davao,
Inc. 102 Phil. 596
2. Register of Deeds of Rizal vs. Ung Sui Si
Temple, G.R. No. L-6776, May 21, 1955
3. Iglesia Filipina Independiente vs. Heirs of
Taeza, G.R. No. 179597
c. Dissolution
i. Case: Iglesia Evangelica Metodista en Las Islas
Filipinas vs. Lazaro, G.R. No. 184088, July 6, 2010

ii. Definition of “Doing Business”

1. R.A No. 7042 or the Foreign Investment Act of 1991
2. Implementing Rules and Regulations of R.A. No. 7042
a. Cases:
i. The Mentholatum Co., Inc. vs. Mangaliman, G.R.
No. 47701, June 27, 1941
ii. Hutchison Ports Philippines Limited vs. Subic Bay
Metropolitan Authority, G.R. Nos. 100801-02,
August 25, 2000
iii. Litton Mill, Inc. vs. Court of Appeals, G.R. No.
94980, May 15, 1996
iv. Communication Materials and Design, Inc. vs.
Court of Appeals, G.R. No. 102223, August 22,
1996
v. Columbia Pictures vs. Court of Appeals, G.R. No.
110318, August 28, 1996
vi. Agilent Technologies Singapore (PTE) Ltd. Vs.
Integrated Silicon Technology Philippines, 427
SCRA 593 (2004)
vii. Commissioner of Internal Revenue vs. Japan
Airlines, 202 SCRA 450 (1991)
viii. Air Canada vs. Commissioner Internal Revenue,
G.R. No. 169507, January 11, 2016
ix. Steelcase Inc. vs. Design International Selections,
Inc., G.R. No. 171995, April 18, 2012
 h. Application for and Issuance of License
i. Purpose
1. Case:
a. See Steelcase Inc. vs. Design International Selections, Inc.,
G.R. No. 171995, April 18, 2012
b. Eriks PTE. Ltd. Vs. Court of Appeals, G.R. No. 118843,
February 6, 1997
2. Capacity to sue and sued
a. Signetic Corp. vs. Court of Appeals, G.R. No. 105141,
August 31, 1993
b. Lorenzo Shipping Corp. vs. Chubb and Sons, G.R. No.
147724, June 8, 2004
ii. Instances When Unlicensed Foreign Corporation may be allowed to sue
1. Cases
a. See Lorenzo Shipping Corp. vs. Chubb and Sons, G.R.
No. 147724, June 8, 2004
b. Converse Rubber Corp. vs. Universal Rubber Products,
Inc., G.R. No. L-27906, January 8, 1987
c. Meryll Lynch Futures, Inc. vs. Court of Appeals, G.R. No.
97816, July 24, 1992
d. Resident Agent
i. Case: Expertravel & Tours, Inc. vs. Court of Appeals, Inc. G.R. No.
152393, May 26, 2005
e. Doing Business Without a License
f. Cases:
1. MR Holdings, Ltd. Vs. Bajar, et. al., G.R. No. 138104, April 11,
2002
2. Llorente vs. Star City Pty Limited, G.R. No. Nos. 212050 &
212216, January 15, 2020
3. Cargill vs. Intra Strata Assurance Corp., G.R. No. 168266, March 15,
2010
4. B. Van Zuiden Bros., Ltd. Vs. GTVL Marketing Industries, Inc.,
523 SCRA 233
IV. Dissolution
a. Sections 133 to 139, RCC
b. Definition
c. Methods of Dissolution
i. Involuntary
1. Cases:
a. Aguirre vs. FQB+7, Inc., 688 SCRA 242
b. Chua vs. People, G.R. No. 216146, August 24, 2016
d. Withdrawal of Request and Petition for Dissolution
e. Liquidation
i. Cases:
 1. See Yu, et. al. vs. Yukayguan, et. al. G.R. No. 177549, January 18,
2009
2. Clemente vs. Court of Appeals, 242 SCRA 717
3. Rebollido vs. Court of Appeals, 170 SCRA 800
4. Rich vs. Paloma III, G.R. No. 210538, March 7, 2018
5. Alabang Development Corp. vs. Alabang Hills Village Association, 724
SCRA 321
V. Intra-Corporate Controversies
a. Interim Rules of Procedure for Intra-corporate Controversies
b. Jurisdiction and Venue
c. Nature and Two Tier-Test
i. Case: Cacho and North Star International Travel, Inc. vs. Balagtas, G.R.
No. 202974, February 7, 2018
d. Instances when the case is intra-corporate in nature
i. Chateau De Baie Condominium Corp. vs. Spouses Moreno, G.R. No.
186271, February 23, 2011
ii. Lim vs. Distinction Properties Development and Construction, G.R. No.
194024, April 25, 2012
iii. Roberto vs. San Jose and Angcao vs. Ozamiz, G.R. No. 190590, July 12, 2017
iv. Medical Plaza Makati Condominium Corp. vs. Cullen, G.R. No. 181416,
November 11, 2013
e. Instances when the case is not intra-corporate in nature
i. Atwel, et. al. vs. Concepcion Progressive Association, G.R. No. 169370,
April 14, 2008
ii. Gulfo vs. Ancheta, G.R. No. 175301, August 15, 2012
iii. Lisam Enterprises vs. Banco De Oro, G.R. No. 143264, April 23, 2014
iv. Concorde Condominium vs. Baculio, et. al., G.R. no. 203678, February 17,
2016
f. Election contest in the nature of intra-corporate controversy
i. See Matling Industrial and Commercial Corp., et. al., vs. Coros, G.R. No.
157802, October 13, 2010
ii. Easycall Communications Philippines. King, G.R. No. 145901, December 15,
2005
iii. Cosare vs. Bradcom Asia, G.R. No. 201298, February 5, 2014
g. Angca
i. Case: Gonzales vs. GJH Land, Inc., G.R. No. 202664, November 20, 2015
VI. Investigations, Offenses and Penalties
a. Issuance of Cease and Desist Order
i. Case: GSIS vs. Court of Appeals, G.R. Nos. 183905 & 184275, April 16, 2009
VII. Securities Regulation Code (R.A. No. 8799)
a. Registration requirement; exemptions
i. Sec 3.1 kinds of securities
1. Cases:
 a. Banco de Oro vs. Republic, G.R. No. 198756, January 13, 2015
b. Power Homes Unlimited Corp. vs. Securities and Exchange
Commission, G.R. No. 164182, February 26, 2008
c. Securities and Exchange Commission vs. Prosperity.Com.
Inc, G.R. No. 164197, January 25, 2012
d. Herbosa vs. CJH Dev. Corp. et. al., G.R. No. 210316,
November 28, 2016
e. Abacus Capital and Investment Corporation vs. Tabujara,
G.R. 197624, July 23, 2018
ii. Sections 8 to 13; Rule 9.1.2.1 to 9.1.2.4 exempt securities* and transactions;
Rule 8.1.3 to 8.1.3.8.4, Rule 10.2.2 and 26.3 (requirement and procedure for
registration of securities**; Sec 46)
1. Cases:
a. People vs. Erwin Mateo, G.R. No. 210612, October 9,
2017
b. SEC vs. Universal Rightfield Property Holdings, Inc., G.R.
No. 181381, July 20, 2015
c. Citibank N.A. and Citigroup Private Bank vs. Ester Tanco-
Gabaldon et. al., G.R. No. 198444 Sep 4, 2013
d. Virata vs. Ng Wee, G.R. No. 220926, July 5, 2017
e. Land Bank vs. Oscar Reyes, GR 217428, March 25, 2019
f. Puerto vs. People, G.R. No. 236564, April 23, 2018
b. Prohibitions on fraud, manipulation and insider trading**
i. Sections 23 to 27, 56 to 59, 63
1. Cases:
a. Securities and Exchange Commission vs. Price
Richardson Corp., G.R. No. 197032, July 26, 2017
b. Securities and Exchange Commission vs. Santos G.R. No.
195542, March 19, 2014
c. Securities and Exchange Commission vs. G Cosmos
Philippines Inc. G.R. No.167435, April 20, 2015
d. Primanila Plans, Inc. vs. SEC, G.R. No. 193791, August 6, 2014
e. Securities and Exchange Commission vs. Interport
Resources Corp., GR 135808, October 6, 2018
f. People vs. Pastrana et. al., G.R. No. 196045, February 21, 2018
g. Dischavez vs. Ombudsman, G.R. No. 206310-11,
December 7, 2016
h. Benedicto-Munoz vs. Cacho-Oliveros, G.R. No. 179121,
November 9, 2015
i. Ku vs. RCBC Securities, Inc., G.R. No. 219491, October 17,
2018
j. Cancio vs. Performance Foreign Exchange Corporation, G.R.
No. 182307 June 6, 2018
c. Protection of investors*
i. Tender offer rules**
1. Section 19.1; Rule 19.2.2 disclose intention and Rule 19.2.4 make tender
offer
a. Case: CEMCO Holdings Inc. vs. National Life, G.R. No.
171815 Aug 7, 2007
ii. Rules on proxy solicitation – Section 20.1; Rule 20.4
1. Cases:
a. Abacus Securities Corp. vs. Ampil, G.R. No. 160016 Feb 27,
2006
b. BH Chua Securities Corp. vs. Johnston Sia-Uy, G.R. No.
12485 Feb 22, 2017PSE vs. Court of Appeals, 281 SCRA
232, October 7, 1997
c. Virata vs. Ng Wee, G.R. No. 220926, July 5, 2017
d. Securities and Exchange Commission vs. Prosperity.com, 664
SCRA 28, January 25, 2012
e. Power Homes Unlimited Corp. vs. Securities and Exchange
Commission, 546 SCRA 567, February 26, 2008
f. Ellao vs. Batelec I, G.R. No. 209166, July 9, 2018
g. Cosare vs. Broadcam Asia, Inc., G.R. No. 201298, February
5, 2014
h. Union Bank vs. Securities and Exchange Commission, G.R.
No. 138949, June 6, 2001
i. Nestle Philippines, Inc. vs. Court of Appeals, 203 SCRA 504,
November 13, 1991
j. Pua vs. Citibank N.A., 705 SCRA 684
k. Baviera vs. Paglinawan, 515 SCRA 170