Bestloan Credit Corp.
SEC-CFD Order No. 061-08 • Securities and Exchange Commission Departments • Corporate Governance and Finance Department (CGFD) • Jul 2, 2008
Full text
July 2, 2008 SEC-CFD ORDER NO. 061-08 ORDER ON PAYMENT OF PENALTY The records on file with this Commission show that BESTLOAN CREDIT CORPORATION failed to file on time its 2006 Audited Financial Statements within the period prescribed by Section 13 (b) of the Rules and Regulations to Implement the Provisions of R.A. 8556 (The Financing Company Act of 1998). As a result, the company was ordered to pay a fine of One Thousand Five Hundred Pesos (P1,500.00) which it paid as shown by Official Receipt No. 0167915 dated May 26, 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. DHTECc SO ORDERED. EDSA, Greenhills, Mandaluyong City, Metro Manila. July 2, 2008. (SGD.) JUSTINA F. CALLANGAN Director
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