Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 98787
                    [Title] => SEC can’t order NSC liquidation — Hottick
                    [Summary] => The Malaysian majority-shareholder of the cash-strapped National Steel Corp. has asked the Securities and Exchange Commission (SEC) to nullify its order for the liquidation of the company, saying the SEC has no authority to issue such an order.


Hottick Investment Ltd., which owns over 82 percent of the biggest steel firm in the Philippines, said the authority to dissolve and liquidate a corporation has always been exercised by the regional trial courts.


                    [DatePublished] => 2000-11-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1203478
                    [AuthorName] => by Rommel Ynion
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

CORPORATE RECOVERY AND SECTION

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 98787
                    [Title] => SEC can’t order NSC liquidation — Hottick
                    [Summary] => The Malaysian majority-shareholder of the cash-strapped National Steel Corp. has asked the Securities and Exchange Commission (SEC) to nullify its order for the liquidation of the company, saying the SEC has no authority to issue such an order.


Hottick Investment Ltd., which owns over 82 percent of the biggest steel firm in the Philippines, said the authority to dissolve and liquidate a corporation has always been exercised by the regional trial courts.


                    [DatePublished] => 2000-11-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1203478
                    [AuthorName] => by Rommel Ynion
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

SEC can’t order NSC liquidation — Hottick

By by Rommel Ynion | November 10, 2000 - 12:00am

The Malaysian majority-shareholder of the cash-strapped National Steel Corp. has asked the Securities and Exchange Commission (SEC) to nullify its order for the liquidation of the company, saying the SEC has no authority...

Business