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CBP vs. Cloribel [DECISION]

THE CENTRAL BANK OF THE PHILIPPINES, petitioner, vs. HON. JUDGE GAUDENCIO CLORIBEL and BANCO FILIPINO, Savings and Mortgage Bank, respondents.

G.R. No. L-26971 | 1972-04-11

D E C I S I O N
 
CONCEPCION, C.J.:
 
The Central Bank of the Philippines seeks a writ of certiorari  and prohibition to annul an order of Hon. Gaudencio Cloribel, as Judge of the Court of First Instance of Manila, dated November 23, 1966, authorizing the issuance of a writ of preliminary injunction to restrain the Petitioner and the Monetary Board, as well as its officials and agents, from enforcing Central Bank Circulars Nos. 185 and 222, dated December 15, 1964, and June 14, 1966, and Monetary Board Resolutions Nos. 805 and 1566, dated May 20 and September 20, 1966, respectively, insofar as they restrict the payment by...