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Showing 1–4 of 4 articles for “section 40”

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Sep 8, 2015 corporation code asset transfer corporate liabilities section 40 business enterprise transfer civil law

Corporate Asset Transfers: When Does a Buyer Inherit the Seller's Liabilities

Philippine Supreme Court clarifies when a corporation buying all assets of another also inherits its liabilities, under Section 40.

Nov 13, 2002 election-law disqualification condonation local-government-code comelec administrative-case

Re-Election as Condonation: Clarifying Disqualification Based on Prior Administrative Removal

Explains when prior administrative removal disqualifies a local candidate, and when re-election condones past misconduct under Section 40(b), LGC.

Jun 19, 1997 election-law disqualification local-government-code comelec retroactivity supreme-court

Retroactivity of Disqualification: When Prior Misconduct Bars Future Elections

Philippine Supreme Court ruling on whether Section 40(b) of the Local Government Code applies retroactively to disqualify candidates removed from office before 1992.

Mar 7, 1996 election-law disqualification local-government-code condonation-doctrine comelec administrative-removal

Reelection Does Not Condon Prior Misconduct When Removal Is Already Final

Removal becomes final despite refusal to accept service; reelection cannot cure disqualification under Section 40(b) of the Local Government Code.