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Insurance Commissioner vs. Globe Assurance Co., Inc.

THE INSURANCE COMMISSIONER, petitioner-appellant, vs. GLOBE ASSURANCE CO., INC., defendant, RAMON E. SAURA, respondent-appellee.

G.R. No. L-27874 | 1982-01-30

D E C I S I O N


FERNANDO, J.:

The validity of an order of a lower court denying a petition to punish respondent for contempt is before this Court. As noted therein, it was "filed by the petitioner, the Insurance Commissioner, against Ramon E. Saura, president of the respondent Globe Assurance Co., Inc., for failure of the latter to deliver to the former all the properties and records of said respondent corporation. It appears that in [the appealed order], this Court gave said Ramon E. Saura, upon petition of his counsel, sixty (60) days within which to submit or turn over said properties and records to the petitioner and because of his...