UNIVERSITY OF NUEVA CACERES

City of Naga
COLLEGE OF LAW

CORPORATION LAW
SYLLABUS

NO. OF
TOPICS
HOURS

A. OVERVIEW 0.5

B. THE REVISED CORPORATION CODE OF THE PHILIPPINES

(R.A. NO. 11232)

1. GENERAL PROVISIONS
DEFINITIONS AND CLASSIFICATIONS (Section 1-9) 4.0

Read:

KUKAN INTERNATIONAL CORP. vs. REYES

G.R No. 182729 September 29, 2010

CONCEPT BUILDERS, INC. vs. NLRC

G.R. No. 108734 May 29, 1996

LIPAT vs. PACIFIC BANKING CORP.

G.R. No. 142435 April 30, 2003

PANTRANCO EMPLOYEES ASSN. vs. NLRC

G.R. No. 170689 March 17, 2009

VELARDE vs. LOPEZ, INC.

G.R. No. 153886 January 14, 2004

STOCKHOLDERS OF F. GUANZON AND SONS, INC. vs.

REGISTER OF DEEDS OF MANILA
6 SCRA 373 (1962)

ANG PUE & CO. vs. Sec of Commerce and Industry

5 SCRA 645 (1962)

INTERNATIONAL TRAVEL AND TOUR SERVICES, INC. vs. CA

343 SCRA 674 (2000)

PHILIPPINE STOCK EXCHANGE, INC. vs. CA

281 SCRA 232 (1997)

REYNOSO, IV vs. CA
G.R. No. 116124-25 November 22, 2000

SAN JUAN STRUCTURAL AND STEEL FABRICATORS, INC. vs. CA

296 SCRA 631, 645 (1998)

PIONEER INSURANCE vs. CA

175 SCRA 668 (1989)

KILOSBAYAN, INC. vs. GUINGONA

232 SCRA 110

BENGUET CONSOLIDATED MINING CO. vs. PINEDA

98 PHIL 711 (1956)

LIM vs. CA
323 SCRA 102 (2000)

FRANCISCO vs. MEJIA

G.R. No. 141617 August 14, 2001

ARB CONSTRUCTION CO., INC. vs. CA

332 SCRA 427

GOOD EARTH EMPORIUM, INC. vs. CA

194 SCRA 544 (1991)

FRANCISCO MOTORS CORP. vs. CA

309 SCRA 72, 83 (1999)

BOY SCOUTS OF THE PHILIPPINES vs. NLRC

196 SCRA 176 (1991)

PNOC-EDC vs. NLRC

201 SCRA 487

CAMPAREDONDO vs. NLRC

312 SCRA 47 (1999)

INT’L ACADEMY OF MGT. AND ECONOMICS vs. LITTON AND

CO., INC.
\G.R. No. 191525 December 13, 2017

VIRATA, et al vs. NG WEE, et al

G.R. No. 220926 July 5, 2017

PACIFIC REHOUSE CORPORATION vs. CA

G.R. No. 199687 March 24, 2014

1982 RULES GOVERNING REDEEMABLE AND TREASURY

SHARES
2. INCORPORATION AND ORGANIZATION OF PRIVATE
CORPORATIONS (Section 10-21) 6.0

Read:

ANG MGA KAANIB SA IGLESIA NG DIOS KAY KRISTO HESUS,

H.SK. SAN BANSANG PILIPINAS, INC. vs. IGLESIA NG DIOS KAY
CRISTO HESUS, HALIGI AT SUHAY NG KATOTOHANAN
G.R. No. 137592 December 12, 2001

INDUSTRIAL REFRACTORIES CORPORATION OF THE

PHILIPPINES vs. CA, ET AL
G.R. No. 122174 October 3, 2002

PHILIPS EXPORT B.V. ET AL vs. CA, ET AL

G.R. No. 96161 February 21, 1992

S.EC. MEMO NO. 21, s. 2013

LYCEUM OF THE PHILIPPINES, INC. vs. CA

G.R. No. 101897 March 5, 1993

SEVENTH DAY ADVENTIST CONFERENCE CHURCH OF

SOUTHERN PHILIPPINES, INC. vs. NORTHEASTERN MINDANAO
MISSION OF SEVENTH DAY ADVENTIST, INC.
G.R. No. 150416 July 21, 2006

SMITH BELL & CO. vs NATIVIDAD

40 PHIL 136, 144 (1920)

STONEHILL vs. DIOKNO

20 SCRA 383 (1967)

BACHE & CO. (PHIL), INC. vs. RUIZ

37 SCRA 823, 837 (1971)

BATAAN SHIPYARD & ENGINEERING CO. vs. PCGG

150 SCRA 181, 234-235 (1987)

SERGIO F. NAGUIAT vs. NLRC

269 SCRA 564 (1997)

PHILIPPINE COMMERCIAL INTERNATIONAL BANK vs. CA

G.R. No. 121413 January 29, 2001

TIMES, INC. vs. REYES

39 SCRA 303 (1971)

MAMBULAO LUMBER CO. vs. PNB

22 SCRA 359 (1968)

ASSET PRIVATIZATION TRUST vs. CA

300 SCRA 579 (1998)

PALTING vs. SAN JOSE PETROLEUM INC.

 18 SCRA 924 (1966)

INTERNATIONAL EXPRESS TRAVEL & TOUR SERVICES, INC. vs.

CA
343 SCRA 2000

COMMISSIONER OF INTERNAL REVENUE vs. CA

301 SCRA 152 (1999)

NTC vs. CA
311 SCRA 508, 514-515 (1999)

UNIVERSAL MILLS CORP. vs. UNIVERSAL TEXTILE MILLS, INC.

78 SCRA 62 (1977)

BSP CIRCULAR NO. 854 Series of 2014 29 October 2014

REPUBLIC ACT NO. 7798

SEC MC NO. 16 Series of 2014 August 13, 2014

3. BOARD OF DIRECTORS/TRUSTEES/OFFICERS (Section 22-34) 6.0

Read:

BUSINESS JUDGMENT RULE

REVISED CODE OF CORPORATE GOVERNANCE

S.E.C. MEMO NO. 6 s. 2009

SEC MC NO. 4 Series of 2017

SEC MC NO. 19 Series of 2016

BENGUET ELECTRIC COOPERATIVE, INC. vs. NLRC

209 SCRA 55 (1992)

THE BOARD OF LIQUIDATORS vs. HEIRS OF MAXIMO M. KALAW

20 SCRA 987

LOPEZ REALTY vs. FONTECHA

247 SCRA 183, 192
PHILIPPINE STOCK EXCHANGE, INC. vs. CA
281 SCRA 232

PEÑA vs. CA
193 SCRA 717

GRACE CHRISTIAN HIGH SCHOOL vs. CA

281 SCRA 133

PONCE vs. ENCARNACION

94 Phil 81
 LOPEZ vs. ERICTA
45 SCRA 539

WESTERN INSTITUTE OF TECHNOLOGY, INC. vs. SALAS

278 SCRA 216, 223

MITA PARDO DE TAVERA vs. TUBERCULOSIS SOCIETY

112 SCRA 243

DE ROSSI vs. NLRC

314 SCRA 245

BERNAS, et al vs. CINCO, et al

G.R. No. 163356-57 July 10, 2015

4. POWERS OF CORPORATIONS (Section 35-44) 5.0

Read:

VIOLETA TUDTUD BANATE et al vs. PHILIPPINE COUNTRYSIDE

RURAL BANK (LILOAN, CEBU), INC
G.R. No. 163825 July 13, 2010

LAND BANK OF THE PHILIPPINES vs. COA

190 SCRA 154 (1990)

ATRIUM MANAGEMENT CORP. vs. CA

G.R. No. 109491 February 28, 2001

ABS-CBN BROADCASTING CORP. vs. CA

301 SCRA 572

VICENTE vs. GERALDEZ

52 SCRA 210

PRIME WHITE CEMENT CORP. vs. IAC

220 SCRA 103, 113-114

YAO KA SHIN TRADING vs. CA

209 SCRA 763

TRADERS ROYAL BANK vs. CA

269 SCRA 601

FIRST PHILIPPINE INTERNATIONAL BANK vs. CA

252 SCRA 259

SOLER vs. CA
G.R. No. 123892 May 21, 2001

LUNETA MOTOR CO. vs. A.D. SANTOS, INC.

5 SCRA 809
 TAM WING TAK vs. MAKASIAR
G.R. No. 122452 January 29 2001

MADRIGAL & CO. vs. ZAMORA

151 SCRA 355
ISLAMIC DIRECTORATE OF THE PHILIPPINES vs. CA
272 SCRA 454

DE LA RAMA vs. MA-AO SUGAR CENTRAL CO.

27 SCRA 247

NIELSON & CO. vs. LEPANTO CONSOLIDATED MINING CO.

26 SCRA 540

REPUBLIC PLANTERS BANK vs. AGANA

269 SCRA 1

RICAFORT vs. MOYA

195 SCRA 247

UNIVERSITY OF MINDANAO, INC. vs. BANGKO SENTRAL NG

PILIPINAS, ET AL
G.R. No. 194964-65 January 11, 2016

CASUMPANG, ET AL vs. CORTEJO

G.R. No. 171127 March 11, 2015

SME BANK INC. et al vs. DE GUZMAN, et al

G.R. No. 184517 October 8, 2013

Y-I LEISURE PHILS., INC. et al vs. YU

G.R. No. 207161 September 8, 2015

ADVANCE PAPER CORPORATION AND GEORGE HAW, in his

capacity as President of Advance Paper Corporation vs. ARMA
TRADERS CORPORATION, MANUEL TING, CHENG GUI and
BENJAMIN NG
G.R. No. 176897 December 11, 2013

5. BY-LAWS (Section 45-47) 2.0

Read:

LOYOLA GRAND VILLAS HOMEOWNERS (SOUTH) ASSOCIATION,

INC. vs. CA
G.R. No. 117188 August 7, 1997

GOKONGWEI vs. SEC

89 SCRA 377 (1979)

GRACE CHRISTIAN HIGH SCHOOL vs. CA

281 SCRA 133 (1997)

SALAFRANCA vs. PHILAMLIFE (PAMPLONA) VILLAGE

HOMEOWNERS ASSOCIATION, INC.
300 SCRA 469, 479 (1998)
 GOVERNMENT OF THE PHILIPPINE ISLANDS vs. EL HOGAR
FILIPINO
50 Phil 399

RURAL BANK OF SALINAS, INC. vs. CA

210 SCRA 510 (1992)

CHINA BANKING CORP. vs. CA

270 SCRA 503

PMI COLLEGES vs. NLRC

277 SCRA 462

6. MEETINGS (Section 48-58) 4.0

Read:

SEC-OGC OPINION NO. 13-10

25 October 2013

SEC-OGC OPINION NO. 06-37

09 November 2006

JOSELITO MUSNI PUNO vs. PUNO ENTERPRISES, INC.

G.R. No. 177066 September 11, 2009

PAUL LEE TAN et al vs. PAUL SYCIP

G.R. No. 153468 August 17, 2006

LIM vs. MOLDEX LAND, INC. et al

G.R. No. 206038 January 25, 2017

7. STOCKS AND STOCKHOLDERS (Section 59-72) 4.50

Read:

THOMSON vs. CA
298 SCRA 280

PADGETT vs. BABCOCK & TEMPLETON, INC.

59 Phil 232

FLEISHCHER vs. BOTICA NOLASCO

47 Phil 583

RURAL BANK OF SALINAS vs. CA

210 SCRA 510

WON vs. WACK WACK GOLF & COUNTRY CLUB

104 SCRA 466
REPUBLIC PLANTERS BANK vs. AGANA
269 SCRA 1

PRICE AND SULU DEV’T CO. vs. MARTIN

58Phil 707

W.G. PHILPOTS vs. PHILIPPINE MANUFACTURING CO.

40 Phil 471

SAN MIGUEL CORP vs. KAHN

176 SCRA 447

EVERETT vs. ASIA BANKING CORP

49 Phil 512

PASCUAL vs. OROZCO

19 Phil 83

WESTERN INSTITUTE OF TECHNOLOGY, INC. vs. SALAS

278 SCRA 216
GOCHAN vs. YOUNG
G.R. No. 131889 March 12, 2001

NIDC vs. AQUINO

163 SCRA 153

NTC vs. CA
311 SCRA 508, 514-515

GARCIA vs. JOMOUAD

323 SCRA 2000

TAYABAS BUS COMPANY, INC. vs. BITANGA

G.R. No. 137934 August 10, 2001

CHINA BANKING CORP. vs. COURT of APPEALS

270 SCRA 503

MAGSAYSAY-LABRADOR vs. CA
180 SCRA 266

BITONG vs. CA
292 SCRA 503

WELLS FARGO BANK AND UNION vs. COLLECTOR

70 Phil 325

TAN vs. SEC

206 SCRA 740
 DEE vs. SEC
199 SCRA 238

8. COPORATE BOOKS AND RECORDS Section 73-74) 2.0

Read:
CHUA, et al vs. PEOPLE OF THE PHILIPPINES
G.R. No. 216146 August 24, 2016

9. MERGER AND CONSOLIDATION (Section 75-79) 2.0

Read:
PEPSI-COLA BOTTLING CO. vs. NLRC
210 SCRA 277

PHILIPPINE VETERANS INVESTMENT DEV’T CORP vs. CA

181 SCRA 669

ASSOCIATED BANK vs. CA

291 SCRA 511

BANK OF PHILIPPINE ISLANDS vs. BPI EMPLOYEES UNION-

DAVAO CHAPTER-FEDERATION OF UNIONS IN BPI UNIBANK
G.R. No. 164301 August 10, 2010/October 19, 2011

BANK OF PHILIPPINE ISLANDS vs. CARLITO LEE

G.R. No. 190144 August 1, 2012

C.I.R. vs. L.T.D.I. (now GINEBRA SAN MIGUEL)

G.R. No. 175188 July 15, 2015

C.I.R. vs. PILIPINAS SHELL PETROLEUM CORP.

G.R. No. 192398 September 29, 2014

10. APPRAISAL RIGHT (Section 80-85) 3.0

11. NON-STOCK CORPORATIONS (Section 86-94) 4.0

Read:

COLLECTOR OF INTERNAL REVENUE vs. UNIVERSITY OF

VISAYAS
1 SCRA 669

PEOPLE vs. MENIL

G.R. No. 115054-66 September 12, 1999

12. CLOSE CORPORATIONS (Section 95-104) 4.5

Read:
MANUEL R. DULAY ENTERPRISES vs. CA
225 SCRA 678
 SERGIO F. NAGUIAT vs. NLRC
269 SCRA 564

FINANCING CORP OF THE PHIL vs. TEODORO

93 Phil 404

BUSTOS vs. MILLIANS SHOE, INC. et at

G.R. No. 185204 April 4, 2017

13. SPECIAL CORPORATIONS (Section 105-132) 5.5

Read
IGLESIA EVANGILICA METODISTA EN LAS ISLAS FILIPINAS
(IEMELIF) et al vs. BISHOP NATHANAEL LAZARO et al
G.R. No. 184088 July 6, 2010

LONG vs. BASA

G.R. No. 134963-64 September 27, 2001

SEC MC NO. 7 Series of 2019

14. DISSOLUTION (Section 133-139) 3.0

Read:
ALHAMBRA CIGAR AND CIGARETTE MANUFACTURING
COMPANY, INC. vs. SEC
24 SCRA 269 (1968)
PHILIPPINE NATIONAL BANK vs. CFI OF RIZAL, PASIG BR. XXI
209 SCRA 294 (1992)

CHINA BANKING CORPORATION vs. MICHELIN & CIE

58 Phil 261 (1933)

REPUBLIC vs. MARSMAN DEVELOPMENT COMPANY

44 SCRA 4418 (1972)

GELANO vs. CA
103 SCRA 90

CLEMENTE vs. CA
242 SCRA 717, 723 (1995)

REBURIANO vs. CA
G.R. No. 102965 January 21, 1999 301 SCRA 342

AGUIRRE vs. FQB+7, INC.

G.R. No. 170770 January 9, 2013

ALABANG DEV’T CORP. vs. ALABANG HILLS VILLAGE ASSOC.

and RAFAEL TINIO
G.R. No. 187456 June 2, 2014
15. FOREIGN CORPORATIONS (Section 140-153) 6.0

Read:
H.B. ZACHRY COMPANY INTERNATIONAL vs. CA
232 SCRA 329 (1994)

FOREIGN INVESTMENTS ACT OF 1991 (R.A. 7042, as amended)

MENTHOLATUM vs. MANGALIMAN

72 PHIL 525 (1941)

FAR EAST INTERNATIONAL vs. NANKAI KOGYO

6 SCRA 725 (1962)

LITTION MILLS, INC. vs. CA

256 SCRA 696 (1996)

HUTCHISON PHILIPPINES, LTD. vs. SBMA

339 SCRA 434 (2000)

COMMISSIONER OF CUSTOMS vs. K.M.K. GANI

182 SCRA 591 (1990)

NEW YORK MARINE MANAGERS, INC. vs. CA

249 SCRA 416 (1995)

COMMUNICATIONS MATERIALS AND DESIGN, INC. vs. CA

260 SCRA 673 (1996)

SBMA vs. UNIVERSAL INTERNATIONAL GROUP OF TAIWAN

340 SCRA 359 (2000)

HAHN vs. CA
266 SCRA 537

FRENCH OIL MILLS MACHINERY CO., INC. vs. CA

295 SCRA 462 (1998)

TUNA PROCESSING, INC. vs. PHILIPPINE KINGFORD, INC.

G.R. No. 185582 February 29, 2012

AGILENT TECHNOLOGIES SINGAPORE (PTE) LTD vs.

INTEGRATED SILICON TECHNOPLOGY PHILIPPINES CORP
G.R. No.154618 April 14, 2004

AIR CANADA vs. CIR

G.R. No. 169507 January 11, 2016

CARGILL, INC. vs. INTRA INTRATA ASSURANCE CORPORATION

G.R. No. 168266 March 15, 2010

16. INVESTIGATIONS, OFFENSES, AND PENALTIES (Section 154-172} 3.0

17. MISCELLANEOUS PROVISIONS (Section 173-188) 3.0

Read:
 GAMBOA vs. TEVES G.R. NO. 176579 June 28, 2011/October 9, 2012

EXECUTIVE ORDER NO. 65

October 29, 2018

NARRA NICKEL MINING AND DEVELOPMENT CORP. et al vs.

REDMONT CONSOLIDATED MINES CORP.
G.R. No. 195580 January 28, 2015

IENT AND SCHULZE vs. TULLENT PREBORN (PHILS.), INC.

G.R. No. 189158 January 11, 2017

TOTAL 68

ATTY. DOMINADOR F. FAURILLO

Professor