substantive matters. 1.3 Having obtained a clear resolution on approval for the capital increase and such resolution has been obtained for less than one year until the date of application. 1.4 In case of a
under the Section is still maintained in the notification until the amendment process of the regulatory framework is completed. In addition to meeting the required minimum paid-up capital, the
conditions of the debt securities. 10. An approval for shares which may be used as underlying is granted (if any). 11. No terms that would require bondholders who have held their bonds until the maturity to
either wholly or partially until the said securities company rectifies such matter. In this juncture, the SEC may also order the securities company to undertake any step for the purpose of maintaining