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.

Tuesday, November 22, 2016

2011 Annual Meeting Illegal Voting Procedure

2011 Annual Meeting Illegal Voting Procedure


The election had an illegal voting procedure compounded by an acclamation allowing three directors to be seated.

For those that had attended that meeting, recall that votes were based upon ONE VOTE PER UNIT.  This was contrary to the Master Deed and national rule that mixed-use buildings such as Soho Central are to have votes by AREA (SQUARE METERS) OWNED.  In addition, that meeting compounded the illegal voting procedure having a vote by acclamation not allowing for a count to determine majority.  Therefore, the three seats which were the only ones voted on at the meeting were given based upon an illegal voting procedure.  Those seats, it is believed, are still being held. 

See the Corporation Code of the Philippines, TITLE III
BOARD OF DIRECTORS/TRUSTEES/OFFICERS, Sec. 24. Election of directors or trustees. - http://www.chanrobles.com/legal5title3.htm#.WC_1OLJ97IV

Also see this scan of Official Ballots from 2011 and compare to 2016.  The 2011 election needs to declared null & void and reported to HLURB and the SEC.

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