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Showing 1–10 of 10 articles for “set-off”

Corporate Rehabilitation Stay Orders and Creditor Set-Offs: The Allied Banking v. SCP Ruling

When does a rehabilitation stay order bind creditors? The Supreme Court explains retroactivity, set-offs, and due process in Allied Banking v. SCP.

Treasury Bill Trading Roles: When a "Conduit" Is Really a Principal

Philippine Supreme Court clarifies when a treasury bill trader acts as principal, not conduit, and when set-off applies.

Tax Refunds vs. Tax Liabilities: Understanding Set-Offs in Philippine Tax Law

The Supreme Court explains when a tax refund claim can be denied due to an underpayment—and why set-off rules apply differently in tax cases.

Final Judgments and Set-Off Claims: Manila Banking Corp. v. Rabina

Supreme Court ruling on final judgments, set-off claims, and HLURB jurisdiction over subdivision mortgage disputes.

Unendorsed Checks and Bank Liability: Depositor Rights in the Philippines

Philippine Supreme Court ruling on unendorsed checks, bank set-off rights, and depositor protection in banking disputes.

Bank Set-Off Rights: Limits and Liabilities in Loan Agreements

Philippine Supreme Court ruling on when banks may validly offset deposits against loans, and the limits of contractual set-off rights.

Tax Refund vs Deficiency: The Rules on Set-Off in Philippine Tax Law

Philippine Supreme Court clarifies when tax refunds can be set off against tax deficiencies, and the limits of compromise agreements in tax settlements.

Legal Compensation of Debts in the Philippines: When Can You Offset Dues?

Learn when Philippine law allows compensation or set-off of debts, and why unliquidated claims cannot offset condominium dues.

Can a Final Labor Judgment Be Offset by a Separate Debt? Jurisdiction and Due Process

A final labor arbiter award cannot be defeated by an employer's set-off claim for a separate debt, explains the Supreme Court in Pondoc v. NLRC.

When Can a Bank Seize Funds? Understanding Set-Off Rights in the Philippines

Learn when Philippine banks can legally seize deposits through set-off, and the limits on this right under Philippine law.