Place of Meeting

Sec. 51.

Campos: Unlike the case of directors’ or trustees’ meetings , the by-laws of a corporation cannot fix a
place of stockholders’ or members’ meetings other than that fixed in Sec. 51. Thus, if the principal office
of the corporation is in Quezon City, the stockholders cannot meet in Baguio, although they can meet in
Pasay City or any other place in Metro Manila.

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What about teleconferencing in the new Corporation Code?

Amendment of the Articles of Incorporation

Sec. 16.

2/3 OCS

Redeemable Shares

Sec. 6.

Also called “share buy-back”

http://www.bworldonline.com/content.php?section=Economy&title=redemption-of-shares-of-
stock&id=83873

The Corporation Code allows