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Balmaceda vs. Corominas & Coompany, Inc

THE HON. CORNELIO BALMACEDA, in his capacity as Secretary of Commerce & Industry and Chairman, Producers Incentive Board, petitioner-appellant, vs. COROMINAS & COMPANY, INC., respondent-appellee.

G.R. No. L-21971 | 1975-09-05

D E C I S I O N

MARTIN, J:

This is a petition to review on certiorari a judgment of the Court of Appeals in a case concerning an importation made pursuant to the previous "No Dollar Imports" law and implementing Consolidated Rules and regulations of the former Department of Commerce and Industry.

On appeal, the Appellate Court affirmed the decision of the Court of First Instance of Manila holding that ". . . the importation questioned by respondent [petitioner herein] is authorized; respondent [petitioner herein] is ordered to permit it and to issue the corresponding release certificates and to cancel the bond ia any filed by plaintiff...