What are the general penalties imposed by law for violations of the provisions of the Labor Code that are declared unlawful?
Violators of the Code face fines from P1,000 to P10,000, imprisonment from three months to three years, or both.
What is the penalty for unauthorized processing of personal information?
Unauthorized processing of personal information is strictly punished by 1 to 3 years of imprisonment and a massive fine up to Php2,000,000.00.
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What are the criminal penalties for trademark infringement and unfair competition?
Guilty parties face two to five years of imprisonment and fines up to P200,000 for trademark violations.
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What is the criminal penalty for the unauthorized use of a corporate name?
What is the criminal penalty for the unauthorized use of a corporate name? The unauthorized use of a corporate name is specifically penalized under the Code (SEC. 159, Revised Corporation Code of the Philippines). The violator shall be punished with a fine ranging from Ten thousand pesos (P10,000.00) to Two hundred thousand pesos (P200,000.00). This
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What is the penalty for a director, trustee, or officer who willfully holds office despite knowing a ground for disqualification exists?
What is the penalty for a director, trustee, or officer who willfully holds office despite knowing a ground for disqualification exists? When a director, trustee, or officer willfully holds office, or willfully conceals such disqualification, despite knowing the existence of a ground for disqualification under Section 26, they face severe penalties (SEC. 160, Revised Corporation
What are the penalties for the unjustified failure or refusal to allow the inspection or reproduction of corporate records?
What are the penalties for the unjustified failure or refusal to allow the inspection or reproduction of corporate records? The unjustified failure or refusal by the corporation, or those responsible for maintaining corporate records, to comply with the rules on inspection and reproduction shall be punished with a fine ranging from Ten thousand pesos (P10,000.00)
What is the penalty for any person who willfully certifies an inaccurate, false, or misleading report required under the Code?
What is the penalty for any person who willfully certifies an inaccurate, false, or misleading report required under the Code? Any person who willfully certifies a report required under this Code, knowing that the same contains incomplete, inaccurate, false, or misleading information or statements, shall be punished (SEC. 162, Revised Corporation Code of the Philippines).
What is the specific penalty for an independent auditor found to be in collusion with the corporation’s directors?
What is the specific penalty for an independent auditor found to be in collusion with the corporation’s directors? An independent auditor who, in collusion with the corporation’s directors or representatives, certifies financial statements despite their incompleteness, inaccuracy, or failure to present a fair and accurate condition, shall be punished (SEC. 163, Revised Corporation Code of
What is the penalty for those responsible for the formation of a corporation through fraud?
What is the penalty for those responsible for the formation of a corporation through fraud? Those responsible for the formation of a corporation through fraud, or who assisted directly or indirectly therein, shall be punished with a fine ranging from Two hundred thousand pesos (P200,000.00) to Two million pesos (P2,000,000.00) (SEC. 164, Revised Corporation Code
What is the penalty for a corporation that engages in fraudulent conduct of business?
What is the penalty for a corporation that engages in fraudulent conduct of business? A corporation that conducts its business through fraud shall be punished with a fine ranging from Two hundred thousand pesos (P200,000.00) to Two million pesos (P2,000,000.00) (SEC. 165, Revised Corporation Code of the Philippines). If the fraudulent business conduct is found
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