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What is Supreme Court Ruling on Capital Definition about?

This document discusses a motion for reconsideration of a Supreme Court decision that defined the term "capital" in the Philippine constitution to refer only to voting shares, not total outstanding shares. The motion argues this definition constitutes a new interpretation and redefinition of a settled term. However, the court denies the motion, maintaining that 1) the legal issue has far-reaching implications and justifies treatment as a petition for mandamus, and 2) the court has never previously interpret

Author

Cherry Chao

Language

EN