June 2010 - Philippine Supreme Court Resolutions
Philippine Supreme Court Resolutions
Philippine Supreme Court Resolutions > Year 2010 > June 2010 Resolutions >
[A.M. No. 10-4-121-RTC : June 15, 2010] RE: REQUEST OF INTERCONTINENTAL BROADCASTING CORP. FOR EXEMPTION/REDUCTION OF DOCKET FEES RELATIVE TO THE FILING OF A PETITION FOR CORPORATE REHABILITATION :
[A.M. No. 10-4-121-RTC : June 15, 2010]
RE: REQUEST OF INTERCONTINENTAL BROADCASTING CORP. FOR EXEMPTION/REDUCTION OF DOCKET FEES RELATIVE TO THE FILING OF A PETITION FOR CORPORATE REHABILITATION
Sirs/Mesdames:
Please take notice that the Court en banc issued a Resolution dated JUNE 15, 2010, which reads follows:
"A.M. No. 10-4-121-RTC (Re: Request of Intercontinental Broadcasting Corp. for Exemption/Reduction of Docket Fees Relative to the Filing of a Petition for Corporate Rehabilitation). The Court Resolved, upon the recommendation of the Office if the Court Administrator, to
(Sgd.) MA. LUISA D. VILLARAMA
Clerk of Court
"A.M. No. 10-4-121-RTC (Re: Request of Intercontinental Broadcasting Corp. for Exemption/Reduction of Docket Fees Relative to the Filing of a Petition for Corporate Rehabilitation). The Court Resolved, upon the recommendation of the Office if the Court Administrator, to
(a) NOTE the letter dated 16 November 2009 of Intercontinental Broadcasting Corporation (IBC), requesting for exemption/reduction of docket fees;
(b) DENY the said request for exemption/reduction of docket fees; and
(c) ADVISE Intercontinental Broadcasting Corporation to refer to OCA Circular No. 138-2006 which allows for staggered payment of docket fees relative to corporate rehabilitation cases."
Very truly yours,
(Sgd.) MA. LUISA D. VILLARAMA
Clerk of Court