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Keramik Industries, Inc. vs. Guerrero

KERAMIK INDUSTRIES, INC., petitioner, vs. HONORABLE BUENAVENTURA J. GUERRERO in his official capacity as the Presiding Judge of the Court of First Instance of Rizal, Branch XXIV and GOVERNMENT SERVICE INSURANCE SYSTEM, respondents.

G.R. No. L-38866 | 1974-11-29

D E C I S I O N

AQUINO, J:

Keramik Industries, Inc. (Keramik for short), in this special civil action for certiorari, seeks to annul the order dated May 31, 1974 of the Court of First Instance of Rizal, Pasig Branch XXIV, denying its motion to file an amended complaint in Civil Case No. 16540. The certiorari action is based on the following salient allegations of the petition and its annexes:

On October 7, 1964, Keramik obtained a loan of two million four hundred thousand pesos (P2,400,000) from the Government Service Insurance System (GSIS). As security, it mortgaged to the GSIS certain lands, buildings, machineries and equipment used...