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HIPOLITA DULAY CATBAGAN v. PHILIPPINE NATIONAL BANK

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GR NO. 160191
2006-06-08
TWIN ACE HOLDINGS CORPORATION v. RUFINA
CHICO-NAZARIO, J.
Notably, attempts to amend the protection afforded by Section 6 of Republic Act No. 623, by giving protection only to small scale manufacturers or those with a capitalization of five hundred thousand pesos or less (P500,000.00), through then House Bill No. 20585,[18] and subsequently through House Bill No. 30400,[19] proved unsuccessful as the amendment proposed in both Bills was never passed.