Circulars[ OCA CIRCULAR NO. 206-2015, September 08, 2015 ] 2015-09-08

[ OCA CIRCULAR NO. 206-2015, September 08, 2015 ]

[ OCA CIRCULAR NO. 206-2015, September 08, 2015 ]

[ OCA CIRCULAR NO. 206-2015, September 08, 2015 ]

TO : ALL PRESIDING JUDGES AND CLERKS OF COURT OF THE SECOND LEVEL COURTS

SUBJECT : RESOLUTION DATED 16 JUNE 2015 IN A.M. NO. 03-03-03-SC (AMENDMENT OF A.M. NO. 03-03-03- SC DATED 17 JUNE 2003, FOR THE EXPANSION OF THE COVERAGE OF CASES COGNIZABLE BY THE SPECIAL COMMERCIAL COURTS TO INCLUDE ALL CASES ON INSOLVENCY AND LIQUIDATION UNDER THE FRIA)

Pursuant to the Resolution dated 16 June 2015 in A.M. No. 03-03-03-SC, the Court En Banc, among other matters, expanded the coverage of cases cognizable by the special commercial courts by including all cases on insolvency and liquidation under the Financial Rehabilitation and Insolvency Act of 2010 (FRIA).

The Resolution dated 16 June 2015, appended herein as Annex "A", was published in the Official Gazette on 24 August 2015 and shall take effect on 8 September 2015.

Any prior circular from the Office of the Court Administrator on this matter which is contrary to the foregoing is hereby superseded.

For your information, guidance and strict compliance.

8 September 2015

(SGD.) JOSE MIDAS P. MARQUEZ Court Administrator

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