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Ramos vs. Central Bank [RESOLUTION]

EMERITO M. RAMOS, et al., petitioners, vs. CENTRAL BANK OF THE PHILIPPINES, respondents, COMMERCIAL BANK OF MANILA, intervenor.

G.R. No. L-29352 | 1985-07-22

R E S O L U T I O N
 
TEEHANKEE, J.:
 
Pending final determination is respondent Central Bank's motion for reconsideration dated December 28, 1982 of the Court's Resolution of October 19, 1982 which ruled "applying the Tapia ruling as reaffirmed by the Court in the subsequent cases cited above [OBM vs. Vicente Cordero, 113 SCRA 303 (March 30, 1982), per Escolin, J.; OBM vs. Julian Cordero, 113 SCRA 778 (April 27, 1982), per Barredo, J.] that the bank is not liable for interest on the Central Bank loans and advances during the period of its closure from August 2, 1968 to January 8, 1981."

In the ...