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Course Syllabus2

Torres vs CA establishes that all corporations, regardless of size, must comply with the Corporation Code. The case confirms that even small, family-owned corporations cannot operate under different rules than what is set out by law. All corporations must abide by the provisions of the Corporation Code.

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Kitem Kadatuan Jr.
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48 views

Course Syllabus2

Torres vs CA establishes that all corporations, regardless of size, must comply with the Corporation Code. The case confirms that even small, family-owned corporations cannot operate under different rules than what is set out by law. All corporations must abide by the provisions of the Corporation Code.

Uploaded by

Kitem Kadatuan Jr.
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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a.

Torres vs CA
Doctrine: All corporations, big or small, must abide by the provisions of the Corporation
Code. Being a simple family corporation is not an exemption. Such corporations cannot have
rules and practices other than those established by law.

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