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Section 65. Substituted Service Upon the Commission - Securities Regulation Code

Section 65. Substituted Service Upon the Commission of Securities Regulation Code. Section 65. Substituted Service Upon the Commission. - Service of summons or other process shall be made upon the Commission in actions or legal

  • Subjects 9 Bar syllabus groups
  • Codals 48 Primary legal sources

Securities Regulation Code

Section 65. Substituted Service Upon the Commission. - Service of summons or other process shall be made upon the Commission in actions or legal proceedings against an issuer or any person liable under this Code who is not domiciled in the Philippines. Upon receipt by the Commission of such summons, the Commission shall within ten (10) days thereafter, transmit by registered mail a copy of such summons and the complaint or other legal process to such issuer or person at his last known address or principal office. The sending thereof by the Commission, the expenses for which shall be advanced by the party at whose instance it is made, shall complete such service.

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