G.R. No. 86738 - Nestle Philippines, Inc. vs. Court of Appeals

Nestle Philippines, Inc. vs. Court of Appeals

Getting related questions...
Conversations stay on your device. We do not store or track your activity on our servers. Know more about your privacy jur.ph/privacy Ask AI provides quick answers grounded in full case texts to avoid mistakes. Always verify with the original text.

Ask AI

Title Supreme Court: Nestle Philippines, Inc. vs. Court of Appeals

Case: G.R. No. 86738

Decision Date: Nov 13, 1991

Nestle sought SEC exemption for issuing unissued shares to existing stockholders, arguing Section 6(a)(4) applied. SC denied, ruling exemption applies only to new capital stock issuances, not pre-authorized shares, and upheld SEC's fee requirement.

exemption

additional shares of stock

ruling

Standard 16 min

END