This case has been cited 3 times or more.
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2013-09-02 |
REYES, J. |
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| The general rule is that a corporation can only exercise its powers and transact its business through its board of directors and through its officers and agents when authorized by a board resolution or its bylaws. The power of a corporation to sue and be sued is exercised by the board of directors. The physical acts of the corporation, like the signing of documents, can be performed only by natural persons duly authorized for the purpose by corporate bylaws or by a specific act of the board. Absent the said board resolution, a petition may not be given due course.[52] | |||||
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2012-11-21 |
MENDOZA, J. |
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| The Court cannot likewise subscribe to respondents argument that by filing its answer with counterclaim, through Domingo, with the RTC, EAIC is deemed to have voluntarily submitted itself to the jurisdiction of the RTC. In Salenga v. Court of Appeals,[32] the Court stated: A corporation can only exercise its powers and transact its business through its board of directors and through its officers and agents when authorized by a board resolution or its bylaws. The power of a corporation to sue and be sued is exercised by the board of directors. The physical acts of the corporation, like the signing of documents, can be performed only by natural persons duly authorized for the purpose by corporate bylaws or by a specific act of the board. | |||||
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2012-07-18 |
PEREZ, J. |
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| Two (2) mining claims were registered in the name of the heirs of Tiburcia M. Dizon, who was the mother of Celestino. In 1966, herein petitioner Dizon Copper-Silver Mines, Inc. was organized.[10] Among its incorporators were Celestino and his son, herein respondent Dr. Luis D. Dizon.[11] | |||||