See - 03-03-03-SC.pdf
AMENDMENT OF A.M. NO. 03-03-03-SC,
DATED JUNE 17, 2003.
EXPANSION OF THE COVERAGE OF CASES COGNIZABLE BY THE SPECIAL COMMERCIAL COURTS TO INCLUDE ALL CASES ON INSOLVENCY AND LIQUIDATION UNDER THE FRIA RESOLUTION
(Section 6 of Republic Act No. 10142, Financial Rehabilitation and Insolvency Act of 2010 [FRIA]).
The following FRIA cases shall be heard and decided by the designated Special Commercial Courts:
1. Cases governed by the FRIA are:
(a) the rehabilitation of sole proprietorships,
(b) the insolvency and liquidation cases of corporations, partnerships and other associations, and
(c) insolvency and suspension of payments/discharge of individuals.
2. Liquidation cases emanating from administrative proceedings.
