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    SMC No 8 Series of 2012

    Uploaded by

    Susan Sabilala Mangalleno
    1. The document amends guidelines on corporate and partnership names by: 2. Requiring the affidavit submitted at registration to contain an undertaking to change the name as originally registered or amended upon notice from the Commission of issues with the name. 3. Removing the requirement for the affidavit to be signed by directors or partners in the case of an existing company amending its name.

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    SMC No 8 Series of 2012

    Uploaded by

    Susan Sabilala Mangalleno
    42 views2 pages
    1. The document amends guidelines on corporate and partnership names by: 2. Requiring the affidavit submitted at registration to contain an undertaking to change the name as originally registered or amended upon notice from the Commission of issues with the name. 3. Removing the requirement for the affidavit to be signed by directors or partners in the case of an existing company amending its name.

    Original Description:

    SEC Memorandum Circular No 8 series of 2012

    Original Title

    SMC's

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    1. The document amends guidelines on corporate and partnership names by: 2. Requiring the affidavit submitted at registration to contain an undertaking to change the name as originally registered or amended upon notice from the Commission of issues with the name. 3. Removing the requirement for the affidavit to be signed by directors or partners in the case of an existing company amending its name.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    42 views2 pages

    SMC No 8 Series of 2012

    Uploaded by

    Susan Sabilala Mangalleno
    1. The document amends guidelines on corporate and partnership names by: 2. Requiring the affidavit submitted at registration to contain an undertaking to change the name as originally registered or amended upon notice from the Commission of issues with the name. 3. Removing the requirement for the affidavit to be signed by directors or partners in the case of an existing company amending its name.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    SMC No 8 Series of 2012: to the use of that name or that the name has

    been declared as misleading, deceptive,


    - Order of Commission En Banc to confusingly similar to a registered name or
    facilitate the amendment of the contrary to public morals, good customs or
    corporate and partnership names public policy. The affidavit shall be signed by at
    least two incorporators or partners in the form
    - Amending SMC 5-2008 (Guidelines and prescribed by the Commission. This affidavit
    Procedure on the use of corporate or shall not be required if the undertaking is
    partnership names) already included as one of the provisions of the
    Articles of Incorporation or Partnership of the
    registrant."
    1. Amendment of the first paragraph of
    Section 17 of the said Circular from: 2. Deletion of the last paragraph of
    Section 17 ot'the said Circular which reads
    "17. At the time of its registration, a
    corporation or partnership shall submit an "In the case of amendment of the
    affidavit containing an unqualified undertaking corporate name of an existing company or
    to change its name immediately upon receipt of partnership, the affidavit shall be signed by any
    notice or directive from the Commission that of the directors or partners.
    another corporation, partnership or person has
    acquired a prior right to the use of that name or the relevant undertaking required to be
    that the name has been declared as misleading, included in the Articles of Incorporation
    deceptive, confusingly similar to a registered shall be written in the following
    name or contrary to public morals, good manner:
    customs or public policy. The affidavit shall be
    signed by at least two incorporators or partners "That we, on behalf of the said
    in the form prescribed by the Commission. This corporation/partnership, hereby
    affidavit shall not be required if the undertaking undertake to change its
    is already included as one of the provisions of corporate/partnership name, as herein
    the Articles of Incorporation or Partnership of provided or as amended thereafter,
    the registrant." immediately upon receipt of notice or
    directive from the Commission that
    to another corporation, partnership or
    person has acquired a prior right to the
    "17. At the time of its registration, a use of that name or that the name has
    corporation or partnership shall submit an been declared as misleading, deceptive,
    affidavit containing an unqualified undertaking confusingly similar to a registered name
    to change its name, as originally registered or or contrary to public morals, good
    as amended thereafter, immediately upon customs or public policy."
    receipt of notice or directive from the
    Commission that another corporation,
    partnership or person has acquired a prior right
    This Memorandum Circular shall be
    effective immediately. October 8,2012,
    Mandaluyong City.

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