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Islamic Da'wah council of the Phil Vs C.Appeals eta

ISLAMIC DA'WAH COUNCIL OF THE PHILIPPINES petitioner, vs. HONORABLE COURT OF APPEALS and THE HEIRS of JESUS AMADO ARANETA, respondents.

G.R. No. 80892 | 1989-09-29

D E C I S I O N


CORTES, J.:

Petitioner impugns the resolutions of the Court of Appeals dated November 10 and December 2 and 3, 1987 which, in effect, gave due course to private respondents' petition for annulment of judgment.

The antecedents of this case are as follows:

On February 15, 1984 Freddie and Marconi Da Silva, as mortgagors, and Islamic Da'Wah Council of the Philippines (Council for brevity), as mortgagee, executed a real estate mortgage over a 4,754 sq. m. parcel of land located in Cubao, Quezon City and covered by Transfer Certificate of Title (TCT) No. 30461 as security for the payment of a one million peso promissory...