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2020notice Monitoring-Clearance

The document announces new procedures for remotely filing monitoring clearances for amendments to articles of incorporation and bylaws during the COVID-19 quarantine in the Philippines. Applicants can now scan and email required documents to one of two email addresses depending on the type of amendment. Physical copies of approvals and certificates will be issued after the quarantine is lifted. The notice provides links to requirement details and contact information for ordinary amendments or those involving changes to capital stock or mergers.
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100% found this document useful (1 vote)
307 views2 pages

2020notice Monitoring-Clearance

The document announces new procedures for remotely filing monitoring clearances for amendments to articles of incorporation and bylaws during the COVID-19 quarantine in the Philippines. Applicants can now scan and email required documents to one of two email addresses depending on the type of amendment. Physical copies of approvals and certificates will be issued after the quarantine is lifted. The notice provides links to requirement details and contact information for ordinary amendments or those involving changes to capital stock or mergers.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

NOTICE

TO : ALL CONCERNED

SUBJECT : REMOTE FILING OF MONITORING CLEARANCE


FOR AMENDMENTS TO ARTICLES OF INCORPORATION
AND BYLAWS

DATE : 30 MARCH 2020

Relative to the implementation of the Enhanced Community Quarantine in


Luzon effective 17 March 2020, please be guided on the following procedures for the
filing of Monitoring Clearance for Amendments to Articles of Incorporation and Bylaws.

The following procedures on remote filing of the aforementioned applications


shall be effective until the Enhanced Community Quarantine has been lifted.

I. For applications for ordinary amendments such as change of


Corporate Name, Business Purpose, Principal Office Address,
Term of Existence, Number of Board of Directors/Trustees, Annual
Meeting and Fiscal Year End:

Requirements for ordinary amendments are provided on the link below:


http://www.sec.gov.ph/services-2/company-2/amendment/

You may scan and upload copies of the complete1 requirements and
send to this email address [email protected]

II. For applications for Increase/ Decrease of Capital Stock and Merger
and Consolidation:

Requirements for amendments on Increase and Decrease of Capital and


Merger and Consolidation are provided on the links below:

http://www.sec.gov.ph/services-2/company-2/amendment/
http://www.sec.gov.ph/services-2/company-2/other-applications/

You may scan and upload copies of the complete1 requirements and
send to this email address: [email protected]

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Note: Correspondences of compliance or approval for payment of the Monitoring and
Amendment applications shall be duly communicated through the email provided
above.

Physical copy of the Monitoring Clearance/ Confirmation of Payment and Certificate of


Amendments/ Increase/ Decrease of Capital shall be issued by the CRMD once the
Enhanced Community Quarantine has been lifted.

1
With monitoring requirements:

1. Latest due General Information Sheet


2. Latest due Financial Statements
3. Certificate of Incorporation
4. Copy of Articles of Inc. (its amendments, if any)
5. Copy of By-laws (its amendments, if any)
6. Copy of Registration of Stock and Transfer/ Membership Book

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