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Can I read IDP Board Sale Ruled Void by SEC on EtoBox?

IDP Board Sale Ruled Void by SEC by Gracey Pelagio is a document available to read on EtoBox.

What is IDP Board Sale Ruled Void by SEC about?

The Islamic Directorate of the Philippines (IDP) had two contending groups for its Board of Trustees. The Securities and Exchange Commission (SEC) declared neither group as legitimate and set procedures for a proper election. Without following the SEC directives, the Carpizo group represented themselves as the IDP Board and authorized the sale of two parcels of land to the Iglesia ni Cristo (INC). The court held the sale was void as the Carpizo group did not have authority since they were not a duly elected

Author
Gracey Pelagio
Language
EN