Can I read Gamboa v. Teves: PLDT Sale Challenge on EtoBox?

Gamboa v. Teves: PLDT Sale Challenge by Lizzette Dela Pena is a document available to read on EtoBox.

What is Gamboa v. Teves: PLDT Sale Challenge about?

1) The petitioner, a stockholder of PLDT, has the right to question the sale of PLDT shares which may violate the nationality requirement in the Constitution. 2) The term "capital" in the Constitution refers only to common shares that can vote for directors, not the total outstanding stock. 3) Allowing the term "capital" to include non-voting shares would result in foreign control of telecommunications in the Philippines, violating the Constitution.

Author

Lizzette Dela Pena

Language

EN