WebJun 27, 2024 · Printwell, Inc., G.R. No. 157549, May 30, 2011) “The liability of stockholders for the corporate debts is up to the extent of their unpaid subscription.” (Donnina C. Halley v. Albu ro Alburo and Associates Law … WebJurisprudence & Application In Halley vs. Printwell, Inc., the Supreme Court held: “Although a corporation has a personality separate and distinct from those of its stockholders, directors, or officers, such separate and distinct personality is merely a fiction created by law for the sake of convenience and to promote the ends of justice. The ...
HALLEY VS. PRINTWELL - [DOCX Document]
WebMar 9, 2024 · Halley vs Printwell, Inc. 649 SCRA 116 c. Concept Builders Inc. vs NLRC 257 SCRA 149 d. General Credit Corp vs Alsons Dev and Investment Corp 513 SCRA 225 e. Lanuza Jr vs BF Corp 737 SCRA 275 f. Commissioner of Internal Revenue vs Menguito 545 SCRA 461 g. Mendoza and Yotoko vs Banco Real Dev. Bank 470 SCRA 86 h. … Webtrust fund doctrine which was explained by the Supreme Court in Halley vs. Printwell, Inc.5 in this wise: "The trust fund doctrine enunciates a — . . . rule that property of a corporation is a trust fund for the payment of creditors, but such property can be called a trust fund 'only by way of analogy or metaphor.' escheat south carolina
CORP_15-29.docx - 15) DONNINA HALLEY v. PRINTWELL, INC.
WebAnent the first issue, the CA affirmed the RTC's invocation of Halley v. Printwell, Inc. 19 (Halley) ... Inc. v. Court of Appeals, 25 the CA noted that there must be strict compliance with the mode of transfer prescribed by law before a valid transfer of stock takes place wherein the following requirements are complied with: (1) ... WebApr 18, 2015 · Donnina Halley vs. Printwell, Inc. Facts: o BMPI (Business Media Philippines Inc.) is a corporation under the control of its stockholders, including Donnina … Webdefendants (including the petitioner) to pay to Printwell, Inc. (Printwell) the principal sum of P291,342 plus interest. Antecedents The petitioner was an incorporator and original director of Business Media Philippines, Inc. (BMPI), which, at its incorporation on November 12, 1987, 3 had an authorized capital stock of P3,000,000 divided into escheat services