Action filed by stockholders

Action filed by stockholders to annul the issuance of shares of stock at a price below their par value is incapable of pecuniary estimation where the stockholders do not seek to be declared the owners or transferees of the shares. That the percentage holdings of the stockholders would be diluted does not make the same capable of pecuniary estimation. (G.R. No. 153690; 15 February 2011)


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