The topics below may be relevant to your daily activities, especially those which involve business law, labor law, and other legal areas of your business.
Business Law and Labor Law Updates
WHO SHOULD REGISTER AS A MEMBER OF PAG-IBIG FUND?
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A private employee who is not over 60 years old should register with the Pag-IBIG Fund
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A self-employed person with an income of at least Php1,000.00 and not over 60 years old is mandated to register with the Pag-IBIG Fund
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All employees who are subject to mandatory coverage by the Government Service Insurance System (GSIS) is required to register with the Pag-IBIG Fund
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OBLIGATIONS OF THE PARTNERS WITH REGARD TO THIRD PERSONS (PART I)
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Every partnership shall operate under a firm name
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Every partner is an agent of the partnership where the purpose of its business
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No act of a partner in contravention of a restriction on authority shall bind the partnership to persons having knowledge of the restriction
IS THE STRIKE CONDUCTED BY EMPLOYEES LEGAL?
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Workers have the right to engage in concerted activities for purposes of collective bargaining agreement or for their mutual benefit and protection
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A notice of strike must first be filed at the concerned Regional Office of the National Conciliation and Mediation Board
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A notice of strike may be filed on grounds of unfair labor practice or deadlock in collective bargaining
PENAL PROVISIONS OF THE SOCIAL SECURITY ACT OF 2018
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An employer who fails to remit the monthly contributions from his employee’s compensation shall be presumed to have misappropriated such contributions
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Any employee of the Social Security System (SSS) is prohibited from keeping funds or property deliverable to the SSS
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A fine or an imprisonment or both may be imposed by court to any person who violated the provisions of the Social Security Act of 2018
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