^
+ Follow MAMERTO MARCELO Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 315209
                    [Title] => SEC welcomes court OK of CAP rehab plan
                    [Summary] => The Securities and Exchange Commission (SEC) has lauded the Makati Regional Trial Court’s approval of the petition for rehabilitation filed by College Assurance Plan (CAP) Phils. Inc., noting this should ease planholders’ concerns on the status of the pre-need firm’s case.


"We’re happy that the court has acted on it rather than put planholders in limbo," SEC commission secretary Gerard Lukban said.

Meanwhile, a group of planholders opposed to the rehabilitation of CAP is planning to file a petition for certiorari with the Supreme Court. [DatePublished] => 2006-01-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 311962 [Title] => SEC renews license of Pacific Plans [Summary] => The Securities and Exchange Commission (SEC) has renewed the dealership license of Pacific Plans Inc. (PPI) to allow the pre-need firm to sell new fixed-value plans in order to grow its business and service the maturing obligations of planholders.

PPI did not apply for the renewal of its dealership license in September 2004 after it transferred its assets to the now defunct Lifetime Plans Inc.‚ registration certificate has been revoked by the SEC in April for failure to comply with certain requirements.
[DatePublished] => 2005-12-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
MAMERTO MARCELO
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 315209
                    [Title] => SEC welcomes court OK of CAP rehab plan
                    [Summary] => The Securities and Exchange Commission (SEC) has lauded the Makati Regional Trial Court’s approval of the petition for rehabilitation filed by College Assurance Plan (CAP) Phils. Inc., noting this should ease planholders’ concerns on the status of the pre-need firm’s case.


"We’re happy that the court has acted on it rather than put planholders in limbo," SEC commission secretary Gerard Lukban said.

Meanwhile, a group of planholders opposed to the rehabilitation of CAP is planning to file a petition for certiorari with the Supreme Court. [DatePublished] => 2006-01-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 311962 [Title] => SEC renews license of Pacific Plans [Summary] => The Securities and Exchange Commission (SEC) has renewed the dealership license of Pacific Plans Inc. (PPI) to allow the pre-need firm to sell new fixed-value plans in order to grow its business and service the maturing obligations of planholders.

PPI did not apply for the renewal of its dealership license in September 2004 after it transferred its assets to the now defunct Lifetime Plans Inc.‚ registration certificate has been revoked by the SEC in April for failure to comply with certain requirements.
[DatePublished] => 2005-12-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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