GIS filing in the midst of COVID-19
In order to ease the burden of the businesses due to the COVID-19 outbreak, the SEC has resolved to allow certain measures:
- If the election of directors, trustees and officers was held, the General Information Sheet (GIS) shall still be submitted within 30 days from the actual meeting, but submission may be done through mail (ordinary or registered), private courier or email.
- If the election was not otherwise held on the scheduled date, due to COVID-19 outbreak and lack of remote communication facilities, or due to other causes, the corporation shall notify the SEC within 30 days from the scheduled date through mail, courier or email with a statement as to the resetting of the election, which shall not be later than 60 days from the original date.
Check this out for the complete requirements:
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