Revised Corporation Code will surely become law


The bicameral conference report on the new Corporation Code of the Philippines was approved last night and will be up for ratification in plenary at the Senate and House of Representatives shortly. Senate Minority Leader Franklin Drilon, who headed the Senate panel, talks about the landmark legislation. https://bit.ly/2PTtGSa #philippinesenate. SOURCE: https://www.facebook.com/senateph/videos/224299205141810

Some of the new provisions relate to one-man corporations and perpetual corporate existence.