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What is Ponce v. Encarnacion: Corporate Governance Dispute about?

The Supreme Court of the Philippines upheld an order from the Court of First Instance granting Potenciano Gapol authority to call a meeting of stockholders of Dagunoy Enterprises, Inc. and preside over the meeting. The Court found that Section 26 of the Corporation Law allows a court to authorize a stockholder to call a meeting and preside when the officer required to call the meeting refuses or fails to do so. The bylaws of Dagunoy Enterprises required elections every even year, but the petitioners had fai

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wew

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