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Bienvenido R. Batongbacal vs. Associated Bank

BIENVENIDO R. BATONGBACAL, petitioner, vs. ASSOCIATED BANK and NATIONAL LABOR RELATIONS COMMISSION, respondents.

G.R. No. 72977 | 1988-12-21

D E C I S I O N


FERNAN, J.:

The issue in this petition for certiorari is whether or not an employer bank may legally dismiss its assistant vice-president for refusal to tender his courtesy resignation which the bank required in line with its reorganization plan.

Petitioner Bienvenido R. Batongbacal, a lawyer who was admitted to the Bar in 1952, began his banking career in 1961 as manager of the Second Rizal Development Bank. On November 2, 1966, he transferred to the Citizens Bank and Trust Company. He was appointed assistant vice-president therein "to assist the Senior Vice-President as directly in charge of the Loans and Discounts...