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Showing 1–5 of 5 articles for “trust fund”

Pre-Need Company Registration in the Philippines: License, Capital, and Trust Fund Rules

Pre-need company registration in the Philippines requires an Insurance Commission license, P100 million paid-up capital, and a trust fund per plan category.

Piercing the Corporate Veil: When Stockholders Become Liable for Corporate Debts in the Philippines

Philippine Supreme Court clarifies when stockholders may be held personally liable for corporate debts, including unpaid subscriptions and the trust fund doctrine.

Court Clerk Dismissed for Misappropriating P171,450 in Judiciary and Trust Funds

Supreme Court dismisses court clerk who misappropriated P171,450 in judiciary and trust funds, ruling restitution does not erase administrative liability.

Breach OF Contract Rescission Unavailable IN Corporate Disputes Involving Trust Fund Doctrine

CNA Signing Bonuses: Protecting Social Security Funds From Unauthorized Disbursements

The Supreme Court ruled that the SSS cannot grant CNA signing bonuses to its employees, protecting workers' trust funds from unauthorized disbursements.