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1) The case involves a dispute over the election of new directors to fill vacancies on the board of Valle Verde Country Club, Inc. (VVCC) during a period where the corporation failed to hold annual stockholder meetings due to a lack of quorum. 2) Two directors, Dinglasan and Makalintal, resigned from the board during this holdover period. The remaining directors then elected Roxas and Ramirez to fill these vacancies. 3) The key legal issue is whether, under Sections 23 and 29 of the Philippine Corporati

Author

Ral Caldi

Language

EN