Can I read Nava v. PEERS Marketing Ruling Summary on EtoBox?

Nava v. PEERS Marketing Ruling Summary by Rivera Meriem Grace Mendez is a document available to read on EtoBox.

What is Nava v. PEERS Marketing Ruling Summary about?

Teofilo Po subscribed to 80 shares of stock in Peers Marketing Corporation but only paid 25% of the subscription amount. Po then sold 20 shares to Ricardo Nava, but the corporation refused to register the sale. Nava filed a case to compel the registration. The Court ruled in favor of the corporation, finding that without a stock certificate, the assignment was only valid between the parties. Additionally, the corporation had a claim on the shares due to the unpaid balance of Po

Author

Rivera Meriem Grace Mendez

Language

EN