Philippine Supreme Court Resolutions > Year 2009 > August 2009 Resolutions > [G.R. No. 182722 : August 31, 2009] DUMAGUETE CATHEDRAL CREDIT COOPERATIVE [DCCCOJ, REPRESENTED BY FELICIDAD L. RUIZ, ITS GENERAL MANAGER VS. COMMISSIONER OF INTERNAL REVENUE :

Quoted hereunder, for your information,  is a resolution of this  Court dated 17 August 2009:

G.R. No. 182722 (Dumaguete Cathedral Credit Cooperative [DCCCO], represented by Felicidad L. Ruiz, its General Manager vs. Commissioner of Internal Revenue).- Considering the failure of Atty. Raymund Mercado, counsel for petitioner, to file a reply to respondent's comment on the petition for review on certiorari required in the Resolution dated 26 November 2008 within the period which expired on 09 February 2009, the Court resolves to REQUIRE Atty. Raymund Mercado to SHOW CAUSE why he should not be disciplinarily dealt with or held in contempt for such failure, and to COMPLY with the Resolution dated 26 November 2008, both within fifteen (15) days from notice.

The Court NOTES petitioner's manifestation dated 05 March 2009 that Republic Act No. 9620, signed into law on 17 February 2009 by President Arroyo, states in clear and unequivocal terms the exemption of cooperatives and that of their members' investment and/or deposit from any tax.

WITNESS the Honorable Leonardo A. Quisumbing, Chairperson, Honorable Conchita Carpio Morales, Arturo D. Brion, Mariano C. Del Castillo and Roberto A. Abad, Members, Second Division, this 17^th day of August, 2009.