KELVIN LESTER LEE
One of the modifications introduced by the Revised Corporation Code (RCC), or Republic Act (RA) No. 11232, pertains to the specific corporate books and records a corporation must keep and preserve at its principal office, as well as the investigatory powers of the Securities and Exchange Commission (SEC) to conduct summary investigations if a corporation denies or does not act on demand for inspection and/or reproduction of corporate books and records.