THE Uniwide Group will seek redress before the Court of Appeals over the alleged inaction of the Securities and Exchange Commission (SEC) on the firm’s settling most of its debts and boosting its revenues.
In a statement, Uniwide said that it is set to elevate the case before the Court of Appeals after the SEC ordered the termination of the Uniwide Group’s 15-year rehabilitation plan in apparent disregard for the 2012 findings of the SEC-appointed receiver committee.
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