As of June 26, 2025, the SEC has discontinued the use of the Joint Certification for Applications to Increase Capital Stock by Way of Cash Infusion. The temporary, simplified process—which combined the Certificate of Increase, Directors’ Certificate, Treasurer’s Affidavit, and Secretary’s Certificate—was halted.

Corporation increasing capital stock must now adhere to the standard filing procedures and submit individual, notarized documents (Certificate of Increase, Directors’ Certificate, Treasurer’s Affidavit) rather than the joint certification.

Causing Dela Cruz Law Office is a corporate law practitioner based in Iloilo City.

April 16, 2026 0

When is a Corporate Director or Corporate Officer is personally liable for corporate obligations?

November 5, 2025 0

When is there a Intra-Corporate Controversy?

October 28, 2025 0

What are the Reportorial Requirements of a One Person Corporatin (OPC)?

October 16, 2025 0

3 Instances which justify a Court’s Piercing of the Corporate Veil.

October 11, 2025 0

Prescriptive Period in actions for damages against erring director, trustee or officer under Section 31 of the Corporation Code.

Causing Dela Cruz Law Office is a corporation law practitioner based in Iloilo City.

October 1, 2025 0

The articles of incorporation of a close corporation may provide that the business of the corporation shall be managed by the stockholders of the corporation rather than by a board of directors.

Causing Dela Cruz Law Office practices corporation law in Iloilo City.

September 30, 2025 0

The Purpose of Section 30 and 36 of the Revised Securities Act

September 28, 2025 0

There is a merger of ownership and management in close corporations.

Causing Dela Cruz Law Office is engaged in corporate law practice in Iloilo City.

September 24, 2025 0

What is the Doctrine of Corporate Opportunity?

September 18, 2025 0

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