This case has been cited 2 times or more.
|
2014-10-20 |
BRION, J. |
||||
| The Court's March 13, 2009 Decision We denied the petitioners' petition for lack of merit in our Decision[28] of March 13, 2009. We ruled that the NEA's regulatory power over electric cooperatives is not dependent on the existence of any creditor-debtor relationship between them. The passage of the EPIRA and its creation of the PSALM, which assumed all outstanding financial obligations of electric cooperatives, did not therefore affect the power of the NEA particularly over administrative cases involving the board of directors, officers and employees of electric cooperatives. | |||||
|
2010-07-21 |
LEONARDO-DE CASTRO, J. |
||||
| In Zambales II Electric Cooperative, Inc. (ZAMECO II) Board of Directors v. Castillejos Consumers Association, Inc. (CASCONA),[23] this Court elucidated the power of the NEA to supervise electric cooperatives and to take preventive and/or disciplinary measures against an electric cooperative's board of directors, officers or employees, as follows: P.D. No. 269, as amended by P.D. No. 1645, vested NEA with the authority to supervise and control electric cooperatives. In the exercise of its authority, it has the power to conduct investigations and other similar actions in all matters affecting electric cooperatives. The failure of electric cooperatives to comply with NEA orders, rules and regulations and/or decisions authorizes the latter to take preventive and/or disciplinary measures, including suspension and/or removal and replacement of any or all of the members of the Board of Directors, officers or employees of the electric cooperative concerned. | |||||