SEC Adm. Case No. 01-10-193 Uniwide Sales, Inc. et. al.
Securities and Exchange Commission SEC Bldg. EDSA, Greenhills, Mandaluyong City Republic of the Philippines
In the Matter of the Petition for Declaration of Suspension of Payments
CLUB, INC. AND DEVELOPMENT CORPORATION RESOURCES CORPORATION, FIRST PARAGON CORPORATION AND Formation and Appointment of a Rehabilitation Receiver/Committee and Approval of Rehabilitation Plan. UNIWIDE SALES, INC., UNIWIDE UNIWIDE SALES REALTY AND UNIWIDE SALES WAREHOUSE HOLDINGS, INC. NAIC RESOURCES For: Appeal to the Commission En Banc SEC En Banc Case No. 01-10-193 (SEC Case No. 06-99-6340)
Petitioners-Appellants,
PHILIPPINE NATIONAL BANK
Oppositor-Appellee.
ORDER
On 13 January 2010, the Special Hearing Panei issued a Resoiution terminating the rehabilitation proceedings docketed as SEC Case No. 06-99-6340 and lifting the concomitant stay order. The dispositive portion of the Resolution provides:
"WHEREFORE, premises considered:
1 Petitioners' Motion to Approve Revised Third Amendment to the Group
Rehabilitation Plan (Revised TARP) is DENIED.
2. The motions to deciare petitioners' rehabilitation plan "not feasible are disposed of pursuant to Section 5.2 of the Republic Act No. 8799. GRANTED. Consequentiy, the instant rehabilitation case is TERMINATED and the stay order is lifted and dissolved. This case is deemed finally
Status Quo Order Page 2 of 2 Re: Rehabilitation of Uniwide Sales. et. al. Sec En Banc Case No. 01-10-193
report within thirty (30) days from receipt hereof. The Rehabilitation Receiver, Atty. Julio C. Elamparo, is directed to submit his final
SO ORDERED."
However, on 22 January 2010, petitioners made a timely appeal to the Commission En Banc.
the appeal, the Commission En Banc hereby DIRECTS the parties to observe the status quo prevailing before the issuance of the Special Hearing Panel's 13 January 2010 Resolution. WHEREFORE, in order to preserve the parties' rights during the pendency of
SO ORDERED.
Mandaluyong City, Philippines, 18 March 2010
Y h.:0 E B. BARIn Chairperson
Ma. Juanita E. cuet. RAUL J. PALABRICA
Commissioner Commissioner
MAnueL t TO B. GAITE I adIo m.'Jal.
Commissioner Commissioner
同类文件 SEC Commission En Banc Decisions
- SEC Adm. Case No. 12-09-185 San Miguel Foods, Inc. vs. Benito A. Cataran, in his capacity as Director of the Company Registration and Monitoring Dept.(Monitoring)
- SEC EB Case No. 11-21-491ROGELIO M. FLORETE, Appellant, v. MARCELINO M. FLORETE, JR. AND MARIA ELENA FLORETE, Appellee.(SEC EB Case No. 11-21-491ROGELIO M. FLORETE, Appellant, v. MARCELINO M. FLORETE, JR. AND MARIA ELENA FLORETE, Appellee.)
- SEC Adm. Case No. 09-09-178 IGC Securities, Inc. vs. The Market Integrity Board of the Philippine Stock Exchange(SEC Adm. Case No. 09-09-178 IGC Securities, Inc. vs. The Market Integrity Board of the Philippine Stock Exchange)
- SEC Adm. Case No. 05-12-257 In the matter of Scanbel Prime Corporation vs. Tan She Ling(SEC Adm. Case No. 05-12-257 In the matter of Scanbel Prime Corporation vs. Tan She Ling)
- SEC En Banc Case No. 09-16-410 Belene G. Yucoco vs. Orient Pearl Resources Worldwide, inc., et al (Decision dtd 02 March 2023)(SEC En Banc Case No. 09-16-410)
- SEC EB Case No. 11-15-391TIMSON SECURITIES INC., PHILIP LAUDE, ABIGAIL LORICA, Appellant, v. CAPITAL MARKETS INTEGRITY CORPORATION, Appellee.(SEC EB Case No. 11-15-391TIMSON SECURITIES INC., PHILIP LAUDE, ABIGAIL LORICA, Appellant, v. CAPITAL MARKETS INTEGRITY CORPORATION, Appellee.)
- SEC En Banc Case No. 07-18-448 Panciteria Lidp Chinese Cuisine Co. vs. CRMD and Salido Foods & Beverages Corp. (Decision dtd 7 Dec 2023)(SEC En Banc Case No. 07-18-448)
- SEC Adm. Case No. 11-07-121 Perpetual Help Neighborhood Association of Guadalupe Bliss, Inc. vs. Guadalupe Bliss Urban Dwellers, Inc.(SEC Adm. Case No. 11-07-121 Perpetual Help Neighborhood Association of Guadalupe Bliss, Inc. vs. Guadalupe Bliss Urban Dwellers, Inc.)
想要这份文件的分析？
让 ASG 法律 AI 为你总结、与其他判例对比，或说明它如何适用于你的情形 — 它检索的正是同一个数据库。