JK&C LIBRARYSEC Memorandum Circular No. 5, s. 2011
Overview
SEC Memorandum Circular No. 5, Series of 2011 amended SEC Memorandum Circular No. 5, Series of 2008, which established guidelines and procedures governing the use of corporate and partnership names.
The SEC’s official By Year archive identifies the 2011 issuance as “Amendment of SEC Memorandum Circular No. 5, series of 2008” and records its date as August 4, 2011.
The underlying 2008 circular provided the SEC’s framework for evaluating proposed corporate and partnership names, including rules intended to prevent names that are identical, misleading, confusing, or otherwise inconsistent with applicable legal requirements.
Full Text
Overview
SEC Memorandum Circular No. 5, Series of 2011 amended SEC Memorandum Circular No. 5, Series of 2008, which established guidelines and procedures governing the use of corporate and partnership names. The SEC's official By Year archive identifies the 2011 issuance as “Amendment of SEC Memorandum Circular No. 5, series of 2008” and records its date as August 4, 2011. The underlying 2008 circular provided the SEC's framework for evaluating proposed corporate and partnership names, including rules intended to prevent names that are identical, misleading, confusing, or otherwise inconsistent with applicable legal requirements.
Short Title / Subject
Amendment of SEC Memorandum Circular No. 5, Series of 2008
Full Text
Republic of the Philippines
Department of Finance
Securities and Exchange Commission
SEC Building, EDSA, Greenhills, Mandaluyong City
MEMORANDUM CIRCULAR NO. 5
Series of 2011
The Commission En Banc in its meeting of July 28, 2011 resolved to amend SEC Memorandum Circular No. 5, Series of 2008 (Guidelines and Procedures on the Use of Corporate and Partnership Names) dated July 17, 2008 by deleting Section 8 thereof which provides:
"8. A subsidiary or affiliate of a foreign corporation that applies for the registration of all or substantially all of the name of its parent company shall use the word "Philippines" as part of its name which shall be written as "(Philippines)" or "(Phil.)" after the name."
This amendment shall take effect immediately. August 4, 2011
Mandaluyong City, Philippines.
TERESITA J. HERBOSA
Chairperson
Official PDF
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Source
Official URL: https://www.sec.gov.ph/mc-2011/sec-memorandum-circular-no-05-4/#gsc.tab=0
Citation
Securities and Exchange Commission (SEC), Memorandum Circular, SEC Memorandum Circular No. 5, s. 2011, SEC Memorandum Circular No. 5, s. 2011, 2011-08-04
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Source
Citation
Securities and Exchange Commission (SEC), Memorandum Circular, SEC Memorandum Circular No. 5, s. 2011, SEC Memorandum Circular No. 5, s. 2011, 2011-08-04