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This document is the summary of a Supreme Court case from April 11, 1979. It describes two cases filed by petitioner John Gokongwei Jr. with the Securities and Exchange Commission regarding amendments made to the bylaws of respondent San Miguel Corporation by its Board of Directors. The petitioner claimed the amendments were invalid because the Board exceeded the authority delegated to it by shareholders in 1961. The respondents denied the claims and raised several affirmative defenses. The case involved th

Author

Christelle Ayn Baldos

Language

EN