[The Bureau of Internal Revenue (BIR) extended, from 15 April 2020 to 15 May 2020, the filing and payment of annual income tax returns. Here is the full text of Revenue Memorandum Circular No. 28-2020.]
Continue reading[On 18 March 2020, the Executive Secretary issued a Memorandum to amend/modify the previous guidelines on the Luzon-wide Enhanced Community Quarantine to address the Covid-19. The amendments are incorporated in the Primer. The full text of the Memorandum is reproduced below.]
Continue reading[This is the full text of Department of Labor and Employment Advisory No. 1, series of 2020, on the suspension of work in the private sector by reason of natural calamity or man-made calamity. Incidentally, President Rodrigo Duterte President Rodrigo Duterte issued Proclamation No. 929, declaring a state of calamity throughout the Philippines due to the coronavirus 2019 disease (Covid-19).]
Continue reading[On 16 March 2020, President Rodrigo Duterte issued Proclamation No. 929, declaring a state of calamity throughout the Philippines due to the coronavirus 2019 disease (Covid-19). Here is the full text of Proclamation No. 929.]
Continue readingThe coronavirus disease 2019 (Covid-19) has become a pandemic, according to the World Health Organization (WHO). One way to combat the spread of the virus is community quarantine and social distancing. The government has issued the general guidelines for general community quarantine and strict social distancing. To assist in the dissemination of information, we have prepared this primer.
[An Enhanced Community Quarantine has been declared over Luzon, including the National Capital Region (NCR), effective 00:00 (12 a.m.) of 17 March 2020 and expiring on 00:00 (12 a.m.) of 13 April 2020). The guidelines are contained in the undated Memorandum issued by the Executive Secretary. The full text is reproduced below. See also: Amendments and Primer on Enhanced Community Quarantine and Social Distancing in the Age of Coronavirus Disease 2019 (Covid-19); and Definitive Guidelines for 1-15 May 2020 and post-May 15.]
Continue reading[The Department of Education (DepEd) issued Memorandum No. 42, series of 2020, issued guidelines for the rest of the School Year 2019-2020, including the non-holding of the 4th Quarter Examination for areas covered by the Covid-19 suspension of classes. Here’s the full text of DepEd Memorandum No. 42.]
Continue reading[On 16 March 2020, the Supreme Court issued Administrative Circular No. 31-2020, providing measures to address the rising cases of Covid-19 infections in the Philippines. The Circular directs the suspension of court hearings (from 16 March 2020 until 15 April 2020) and extension of deadlines (30 days, counted from 16 April 2020), among other matters. However, note the extended suspension of court hearings until 30 April 2020, which may further be revised considering the ECQ extension until May 15. Here is the full text of Circular 31-2020.]
Continue reading[On 8 March 2020, the President issued Proclamation No. 922, declaring a state of Pubic Health Emergency throughout the Philippines by reason of the Coronavirus Disease (Covid-19). Here is the full text of Proclamation No. 922.]
Continue readingInvoluntary liquidation, as opposed to voluntary liquidation, refers to a proceeding initiated by creditors. Creditors of insolvent individual debtors may file an action for involuntary liquidation of the insolvent debtor. This discussion covers only involuntary liquidation in insolvency under Republic Act No. 10142, also known as the “Financial Rehabilitation and Insolvency Act (FRIA) of 2010“, as threshed out in the FLSP Rules. Moreover, the discussion below on insolvency proceedings applies only to individual debtors.
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