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This infrastructure plan is intended to reduce congestion, create jobs and alleviate costs in the Philippines. During the first two years of the present administration under Philippine President Rodrigo Duterte, BCDA has contributed P8.2 billion to the modernization program of the Armed Forces of the Philippines (AFP), BCDA's major stakeholder.
Judicial dissolution, informally called the corporate death penalty, is a legal procedure in which a corporation is forced to dissolve or cease to exist. Dissolution is the revocation of a corporation's charter for significant harm to society. [ 2 ]
Order the dissolution and liquidation of cooperatives as well as the transfer of all or substantially all of their assets and liabilities; Compel the cooperative to call a general or representative assembly, as deemed necessary, under the supervision of the Authority with the participation of their respective cooperative federations or unions;
Dissolution of a partnership is the first of two stages in the termination of a partnership. [1] "Winding up" is the second stage. [1] [2] Dissolution may also refer to the termination of a contract or other legal relationship; for example, a divorce is the dissolution of a marriage only if the husband or wife does not agree. If the husband and ...
Philippine National Construction Corporation: Industrials Heavy construction Manila: 1966 State-owned construction S A Philippine National Oil Company: Oil & gas Exploration & production Taguig: 1973 State oil & gas S A Philippine Postal Corporation: Industrials Delivery services Manila: 1767 Postal service S A Philippines AirAsia: Consumer ...
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Indeed, this is the only way the term is used in law professor Ernesto C. Salao's [note 2] widely cited 858-page book The 1987 Constitution of the Republic of the Philippines (2001 ed.). [ 25 ] It has come to be understood that it can be used in extraordinary cases to unseat judicial appointees, and impeachable officials, not only to challenge ...
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