Plan, plan and plan some more

QUESTION: Is Stonewall Central a better name for the property?
UPDATE (click): 2012 Audited Financial Statements
UPDATE (click): 2013 Annual Meeting packet
UPDATE (click): 2013 Special Meeting packet

AUDITED FINANCIAL STATEMENTS ANALYSIS 2009-2012 (click): A CPA analysis of SOHO Central Condominium Corporation's Audited Financial Statements

The Fantasy Vision

Does everyone remember this among the wonderful ads and brochures and how about the salespeople and what they told us. I hear such fantasies continue. So after watching and remembering, cry and then laugh at the truth that is being exposed.









And, if the above is not enough and you need elevated blood pressure, here is the project's brochure.

Many posts are still issues and need to be read once again. At this main hub of postings watch for new posts and updates. Please get involved by spreading the word as to the issues here. We must document all that is taking place. Many documents need retrieval and assistance is needed in getting them scanned and posted.

Friday, March 13, 2015

Meetings for Board of Directors/Trustees

Meetings for Board of Directors/Trustees


(The terms Directors and Trustees are used interchangeably.)

There was a question at the recent informal meeting about meetings of the Board.  I cannot find any requirement either in the By-Laws or Master Deed or Philippine Corporate Code for a meeting other than one after the annual election or for needed business decisions.  I cannot locate any regularly required meeting.

 The following are links to read and a section of the Corporate Code that does not reflect the Supreme Court decision Valle Verde vs Africa; whereby, those Directors in tenure and no longer in term of office cannot appoint members to vacancies.

Soho Central Bylaws (see Section 15) - 
https://drive.google.com/file/d/0B0Sq5pyrVRznYzE0YjU1M2YtZTZjZC00OWJmLTk5YWUtNTk4NDllNWZiZWYw/view?usp=sharing

Soho Central Master Deed - 
https://drive.google.com/file/d/0B0Sq5pyrVRznYzZlOGEyMWMtNWM2Mi00NDdmLTlmZjItNjI4OGU2YTlmNTcz/view?usp=sharing

Corporation Code of the Philippines, Title III - BOARD OF DIRECTORS/TRUSTEES/OFFICERS -
http://www.chanrobles.com/legal5title3.htm#.VQJC740frmI

Valle Verde vs Africa - 
https://drive.google.com/file/d/0B0Sq5pyrVRznSDFuUGtxOEFpMjA/view?usp=sharing
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