Can unissued stocks be considered in determining whether a quorum is present in a stockholders’ meeting?
Unissued stocks may not be voted or considered in determining whether a quorum is present in a stockholders’ meeting. Only stocks actually issued and outstanding may be voted.
Villongco vs. Yabut, G.R. No. 225022, February 05, 2018, [854 SCRA 132]
What is legal standing?
Legal standing refers to a personal and substantial interest in a case such that the party has sustained or will sustain direct injury as a result of the challenged governmental act.
What is a notice of lis pendens?
A notice of lis pendens simply means that a certain property is involved in litigation and serves as a notice to the whole world that one who buys the same does so at his own risk.
Republic vs. Sandiganbayan, G.R. No. 222364, September 05, 2018, [879 SCRA 481]
What is a lien?
A lien is a legal claim or charge on property, either real or personal, as collateral or security for the payment of some debt or obligation.
Thank you for every other informative site. The place else could I am getting that type of information written in such a perfect means? I’ve a project that I am simply now running on, and I’ve been on the glance out for such info.
Real clear web site, thanks for this post.