Non-declaration of dividends not illegal, Sara Duterte’s camp points out

Non-declaration of dividends not illegal, Sara Duterte’s camp points out

MANILA, Philippines – The non-declaration of dividends by a corporation is not illegal and prohibited under the Revised Corporation Code of the Philippines, the camp of Vice President Sara Duterte pointed out on Tuesday. Defense lawyer Justin Nicol Gular cited the law during his cross-examination of prosecution witness Securities and Exchange Commission (SEC) Company Registration

Original Source

Read the full article at Newsinfo →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.