[Republic Act No. 8799, also known as the “Securities Regulation Code”, was signed by the President on 19 July 2000. The complete text of R.A. 8799, with summaries to be included, are reproduced below.]
Continue readingLabor Advisory No. 5, series of 2019: Payment of Wages for the Regular Holidays on April 9, 18 and 19, 2019 and Special (Non-working) Day on April 20, 2019 (full text)
LABOR ADVISORY 05
Series of 2019
Payment of Wages for the Regular Holidays on April 9, 18 and 19, 2019 and Special (Non-working) Day on April 20, 2019
Continue readingProclamation No. 555: Declaring the Regular and Special National Holidays for 2019
[On 15 August 2018, Malacanang issued Proclamation No. 555, declaring the regular holidays and special non-working days for 2019. Here is the full text of Proclamation No. 555.]
Continue readingExecution of Settlement Agreement under the Katarungang Pambarangay
The Local Government Code of 1991 (Republic Act No. 7160, Sections 399-422) provides for the creation of the Lupong Tagapamayapa in each barangay. The Lupon Chairperson is tasked to mediate between the parties in a complaint. In case the mediation effort fails, the matter will be referred to the Pangkat ng Tagapagkasundo. Continue reading
Proposed Rules on Initial Coin Offerings (ICO) in the Philippines
[The Securities and Exchange Commission (SEC) issued a notice, requesting for comments on the updated Proposed Rules on Initial Coin Offering (ICO). According to the SEC, ICOs will help raise capital and resources for small and local businesses start-ups or ventures, and provide alternative investment opportunity for the investing public. While the deadline for submission of comments has passed, we are reproducing the full text of the Proposed Rules on Initial Coin Offering for future reference.] Continue reading
Primer on the “No Shortchanging Act of 2016” (Republic Act No. 10909): Philippines
While some people refer to Republic Act No. 10909 (the “No Shortchanging Act of 2016”) as the “Exact Change Law”, this law covers more than the requirement to give the exact change to consumers. Here’s a quick discussion on R.A. 10909 and its Implementing Rules and Regulations.
Continue readingSummary on Recognition of Foreign Divorce Decree (Including a Divorce Decree Secured by the Filipino Spouse) in the Philippines
“Is my divorce valid in the Philippines?” In reply to this common query, we usually point to the previous articles in this Forum or politely state that we can only give legal information, as legal advice is for clients only. However, given the changing jurisprudence on the matter, we find it helpful to summarize the evolution of the rules regarding the recognition of a foreign divorce decree in the Philippines.
Continue readingTitle XVII (Miscellaneous Provisions): Revised Corporation Code of the Philippines (Republic Act No. 11232)
[See Revised Corporation Code Directory; Title I; Title II; Title III; Title IV; Title V; Title VI; Title VII; Title VIII; Title IX; Title X; Title XI; Title XII; Title XIII; Title XIV; Title XV; Title XVI; Title XVII]
Continue readingTitle XVI (Investigations, Offenses, and Penalties): Revised Corporation Code of the Philippines (Republic Act No. 11232)
[See Revised Corporation Code Directory; Title I; Title II; Title III; Title IV; Title V; Title VI; Title VII; Title VIII; Title IX; Title X; Title XI; Title XII; Title XIII; Title XIV; Title XV; Title XVI; Title XVII]
Continue readingTitle XV (Foreign Corporations): Revised Corporation Code of the Philippines (Republic Act No. 11232)
[See Revised Corporation Code Directory; Title I; Title II; Title III; Title IV; Title V; Title VI; Title VII; Title VIII; Title IX; Title X; Title XI; Title XII; Title XIII; Title XIV; Title XV; Title XVI; Title XVII]
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