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Dionisio, Apolonio V., et al. Vs. Court of First Instance of South Cotabato, et al.

APOLONIO V. DIONISIO, VALERIANA R. DIONISIO, FLORENIO N. SANGIL, CLARITA G. BAUTISTA, EDILBERTO C. VILLANUEVA, EVENER VILLASANTA, ET AL., petitioners, vs. HONORABLE COURT OF FIRST INSTANCE OF SOUTH COTABATO, BRANCH II, KORONADAL, SOUTH COTABATO, FILOMENO M. LAMIS, NEVILLE Y. LAMIS, ET AL., respondents.

G.R. No. L-61048 | 1983-08-17

D E C I S I O N


PLANA, J.:

As stockholders of ETCO Timber Corporation (ETCO), Filomeno Lamis and Neville Lamis filed a derivative suit (Civil Case No. 749) with the Court of First Instance of South Cotabato, Branch II (Koronadal), on May 24, 1982 against Apolonio V. Dionisio, Valeriana R. Dionisio, Florenio N. Sangil, Clarita G. Bautista, Edilberto Villanueva, Evener Villasanta and Dolorico Mejorada - All officers/stockholders of ETCO - "for rendition of corporate accounting, inspection of books of accounts, damages through embezzlement and falsification, annulment of undertaking and contract, upholding of corporate presidency and...