Professional Documents
Culture Documents
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G.R. No. 86738. November 13, 1991.
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* FIRST DIVISION.
505
FELICIANO, J.:
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1 Section 139.
2 Record, pp. 12-13.
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3 Id., p. 11.
4 Id.
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(b) The Commission may, from time to time and subject to such
terms and conditions as it may prescribe, exempt transactions
other than those provided in the preceding paragraph, if it finds
that the enforcement of the requirements of registration under
this Act with respect to such transactions is not necessary in the
public interest and for the protection of the investors by reason
of the small amount involved or the limited character of the
public offering.
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5 See e.g., SEC Ruling dated 4 November 1968 addressed to Maremco
Mineral Corporation; Securities and Exchange Commission Folio, p. 354
(1960-1976).
6 2 Phil. 630 (1903).
7 2 Phil. at 640.
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8 E.g., Abejo, et al. v. Hon. Rafael dela Cruz, etc., et al., 149 SCRA
654, 669-670 (1987).
9 29 SCRA 617 (1969).
10 Id. See also Ramos v. Court of Industrial Relations, 21 SCRA 1282
(1967); Cagayan Valley Enterprises v. Court of Appeals, 179 SCRA 218
(1989); Santiago v. Deputy Executive Secretary, 192 SCRA 199 (1990).
512
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o0o
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