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[ArticleID] => 257611
[Title] => CA junks Powerhomes bid for recall of SEC order
[Summary] => The Court of Appeals has denied Power Homes Unlimited Corp.s motion to reconsider an earlier decision upholding the cease and desist order (CDO) issued by the Securities and Exchange Commission (SEC) against the firm in 2001.
In affirming the SECs decision, the CA said the marketing strategy of Powerhomes proved an absence of a product and that it mainly derives profits through recruitment, or from the efforts of others.
[DatePublished] => 2004-07-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
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[Title] => CA junks Powerhomes bid for recall of SEC order
[Summary] => The Court of Appeals has denied Power Homes Unlimited Corp.s motion to reconsider an earlier decision upholding the cease and desist order (CDO) issued by the Securities and Exchange Commission (SEC) against the firm in 2001.
In affirming the SECs decision, the CA said the marketing strategy of Powerhomes proved an absence of a product and that it mainly derives profits through recruitment, or from the efforts of others.
[DatePublished] => 2004-07-15 00:00:00
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abtest
By Zinnia B. Dela Peña | July 15, 2004 - 12:00am
Recommended
The House prosecution panel may further shorten its witness lineup in the impeachment trial of Vice President Sara Duterte if the remaining testimony will be able to complete the evidentiary “puzzle” under the first article of impeachment, which tackles the alleged misuse of P612.5 million in confidential funds.
5 hours ago
The Senate committee on finance will not approve any new flood control projects for the upcoming fiscal year as it intends to force the Department of Public Works and Highways (DPWH) to complete unfinished works first.
5 hours ago
Vice President Sara Duterte “will try to comply” with the sub judice rule issued by impeachment court presiding officer Sen. Francis Escudero, according to her counsel.
1 day ago
China is exploiting the impeachment trial of Vice President Sara Duterte and the flood control scandal to disrupt the government and advance its expansionist goal, the Armed Forces of the Philippines spokesman for the West Philippine Sea said yesterday.
1 day ago
A lawyer for Vice President Sara Duterte said the prosecution will not present alleged bagman Ramil Madriaga as witness in the ongoing impeachment trial.
1 day ago
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