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Updates
The worsening docket load in the lower courts has long been a concern. To address this, the Supreme Court will be hiring 50 ‘judges at large’ as stated in an administrative resolution dated December 3, 2019. “Judges at large” have no permanent courts and may be assigned by the Supreme Court as acting or assisting judges in any regional trial court or municipal trial court “as public interest may require” and in order to ease the case backlog of a particular branch.

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Updates
In order for the stockholders or members to prepare and participate more effectively in matters concerning the corporation, the SEC has issued Memorandum Circular No. 3, Series of 2020, requiring companies to send its invitations for its regular stockholders’ or members’ meetings at least 21 days before the event. The 21-day notice will give them a longer period of time to work out their schedules compared to the 2 weeks notice given before. This is in compliance with Republic Act No. 11232, the Revised Corporation Code.

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http://www.sec.gov.ph/wp-content/uploads/2020/02/2020MCNo03.pdf







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