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Which certificate of incorporation shall be deemed revoked

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Reference no: EM132940028

Problem 1: Under Section 21 states that if a corporation does not formally organize and commence its business within two years from the date of its incorporation, its certificate of incorporation shall be deemed revoked as of the day following the end of the two-year period.

A. It is found on the SEC regulations.
B. It is found on the Corporation Code of the Philippines.
C. It is found on the DTI regulations.
D. It is found on the Revised Corporation Code of the Philippines.

 

Reference no: EM132940028

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