RICHELLE DIANNE PATAWARAN
The Revised Corporation Code (RCC), which took effect on Feb. 23, 2019, recently introduced significant changes to the conduct of corporate meetings and in effect imposed additional obligations on the corporate secretary in the conduct of such meetings. One such change is contained in Sec. 49 of the RCC, which mandates that regular meetings of the stockholders or members shall be held annually on a date fixed in the by-laws, or if not so fixed, on any date after April 15 of every year.