In re Access Chartered Finance, Inc.
SEC-CFD Order No. 057-08 • Securities and Exchange Commission Departments • Corporate Governance and Finance Department (CGFD) • Jun 20, 2008
Full text
June 20, 2008 SEC-CFD ORDER NO. 057-08 IN THE MATTER OF ACCESS CHARTERED FINANCE, INC. VIOLATION OF THE IMPLEMENTING R ULE S OF R.A. NO. 8556 (THE FINANCING COMPANY ACT OF 1998) ORDER ON PAYMENT OF PENALTY The records on file with this Commission show that ACCESS CHARTERED FINANCE, INC. failed to pay its 2008 annual fee within the period prescribed by Section 8 of the Rules and Regulations to Implement the Provisions of R.A. 8556 (The Financing Company Act of 1998). HCEcaT As a result, the company was ordered to pay a fine of Eleven Thousand One Hundred Pesos (P11,100.00) as shown by Official Receipt No. 0181047 dated June 20, 2008. The company is admonished to take all appropriate measures to ensure its faithful and timely compliance with the said rule and law. Any further violation shall subject the company and/or its responsible officers to heavier penalties as may be provided for by law. SO ORDERED. EDSA, Greenhills, Mandaluyong City, Metro Manila. June 20, 2008. (SGD.) JUSTINA F. CALLANGAN Director
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