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PNB vs. Benigno M. Puno, etal.

PHILIPPINE NATIONAL BANK, petitioner, vs. HON. BENIGNO M. PUNO, INDUSTRIAL ENTERPRISES, INC., and DEPUTY SHERIFF ARTURO C. FLORES, respondents.

G.R. No. 76018 | 1989-02-10

D E C I S I O N


REGALADO, J.:

The order of the respondent judge, dated September 15, 1986, allowing execution pending appeal of the decision of the Regional Trial Court of Makati, Branch 150, in Civil Case No. 8109 thereof 1 in favor of private respondent Industrial Enterprises, Inc. (IEI, for brevity) is sought to be annulled in this special civil action for certiorari.

The records show that IEI was granted a coal operating contract on July 27, 1979 by the then Ministry of Energy, through the Bureau of Energy Development (hereinafter referred to as BED), for the exploration of two coal blocks in Barrio Carbon, Magsaysay, Eastern...