Tuesday, February 4, 2014

New General Information Sheet (GIS) Form Issued by SEC

The Security and Exchange Commission (SEC) has updated the General Information Sheet (GIS) Form dated September 25, 2013.

The GIS consist of General Instructions as follows:

1. For user corporation: this GIS should be submitted within thirty (30) calendar days from the date of the annual stockholders' meeting. Do not leave any item blank. Write "n.a." if the information required is not applicable to the corporation or "none" if the information is non-existent.

2. If no meeting is held, the corporation shall submit  the GIS together with an affidavit of non-holding of meeting within thirty (30) claendar days from the date of the scheduled annual meeting (as provided in the by-laws). However, should an annual stockholders' meeting be held thereafter, a new GIS shall be submitted/filed.

3. This GIS shall be accomplished in English and certified and sworn to by the corporate secretary of the corporation.

4. The SEC should be timely apprised of relevant changes in the submitted information as they arise. For changes resulting from actions that arose between the annual meetings, the corporation shall submit only the affected page of the GIS that relates to the new information together with a cover letter signed by the corporate secretary of the corporation. The page of the GIS and cover letter shall be submitted within seven (7) days after such change occurred or became effective.

5. Submit five (5) copies of the GIS to the Central Receiving Section, Ground Floor, SEC bldg., EDSA, Mandaluyong City. All copies shall uniformly be on A4 or letter-sized paper with a standard cover page. The pages of all copies shall use only one side. Corporations submitting a copy of their GIS online or via internet shall submit one (1) hard copy of the GIS, together with a certification under oath by its corporate secretary that the copy submitted online contains the exact data in the hard copy.

6. Only the GIS accomplished in accordance with these instructions shall be considered as having been filed.

7. This GIS may be used as evidenced against the corporation and its responsible directors/officers for any violation of existing laws, rules and regulations.

Please refer http://www.sec.gov.ph/download/gis_form.html of the full text and to download the new GIS form.

2 comments:

  1. It’s really very important information on GIS Technology and for our modern world GIS Company in India , Thank you so much for your valuable time to write this important information on GIS.

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    Replies
    1. It is important to comply with the requirements...

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