Finality of Revocation Orders Covering 2001-2006 Registered Corporations and Corporations Covered by Suspension Orders

December 20, 2013 SEC MEMORANDUM CIRCULAR NO. 22, S. 2013 TO : All Concerned SUBJECT : Finality of the Revocation Orders Covering 2001-2006 Registered Corporations Including Those Corporations Covered by Suspension Orders and Revocation Orders Published by SEC Extension Offices This Circular covers corporations registered from 2001-2006, including those corporations covered by suspension orders and revocation orders published by SEC Extension Offices, whose certificates of registration were revoked by the Commission for failure to comply with the reportorial requirements by virtue of the following published Orders: Years Registered/ Date of Order Date of Date of Revocation Covered Publication Corporations Corporations covered by December 28, 2001 January 21, 2002 February 20, 2002 Suspension Orders ( 1st Batch ) Corporations covered by July 29, 2002 August 7, 2002 September 6, 2002 Suspension Orders ( 2nd Batch ) 2001 September 28, 2007 October 16, 2007 November 16, 2007 (1st Batch) 2001 April 15, 2009 April 25, 2009 May 26, 2009 (2nd Batch) 2002-2003 November 4, 2011 December 4, 2011 January 3, 2012 (Implemented by SEC Baguio Extension Office) 2002-2003 November 4, 2011 December 7, 2011 January 6, 2012 (Implemented by SEC Cebu Extension Office) 2002-2003 November 4, 2011 December 6, 2011 January 5, 2012 (Implemented by SEC Cagayan de Oro Extension Office) 2002-2003 November 4, 2011 January 15, 2012 February 15, 2012 (Implemented by SEC Legaspi Extension Office) 2002-2003 November 4, 2011 November 17, 2011 December 17, 2011 (Implemented by SEC Zamboanga Extension Office) 2002 December 9, 2011 December 16, 2011 January 15, 2012 (Main Office) 2002 December 9, 2011 January 27, 2012 February 27, 2013 (Implemented by SEC Davao Extension Office) 2003 December 9, 2011 December 16, 2011 January 19, 2012 (Main Office) 2004 June 18, 2012 June 28, 2012 July 29, 2012 2005 December 12, 2012 December 19, 2012 January 18, 2013 2002-2004 March 8, 2013 April 1, 2013 September 2, 2013 (extended period of compliance by virtue of SEC Order dated July 15, 2013) 2006 June 24, 2013 July 2, 2013 August 1, 2013 On November 21, 2013, the Commission En Banc resolved to grant all covered corporations a non-extendible period of two (2) years from 31 December 2013 until 31 December 2015 within which to file their Petitions to Set Aside the Order of Revocation with the Commission. CASIEa Failure to file said petition within the given period shall mean that the Order of Revocation can no longer be lifted nor set aside. With regard to covered corporations with pending intra-corporate dispute between two (2) or more groups claiming ownership or right over the same, the running of the period to lift the order of their revocation shall be tolled until the finality of a court decision, resolving the said intra-corporate controversy as to which group has a valid right and claim over the corporation. All affected corporations are hereby advised to verify their status and file their petitions with supporting documents with the Compliance Monitoring Division of Company Registration and Monitoring Department (CRMD) of this Commission located at the Ground Floor, SEC Bldg., EDSA Greenhills, Mandaluyong City, or, for their convenience, to the nearest SEC Extension Office, during regular working hours. Mandaluyong City, Philippines, December 20, 2013. (SGD.) TERESITA J. HERBOSA Chairperson