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Allied Banking Corp. vs. Court of Appeals, etal.

ALLIED BANKING CORPORATION, petitioner, vs. COURT OF APPEALS AND JOSELITO Z. YUJUICO, respondents.

G.R. No. 85868 | 1989-10-13

D E C I S I O N


GANCAYCO, J.:

What started as a simple collection suit and which developed into an intricate question of procedure is the focus of this petition for review on certiorari.

The present petition seeks the reversal of the decision of the Court of Appeals in CA-G.R. SP No. 14759 dated September 5, 1988 entitled "Joselito Z. Yujuico vs. Hon. Domingo D. Panis, RTC Judge of Manila Branch LXI and Allied Banking Corp.," 1 and the resolution dated November 9, 1988 denying petitioner's motion for reconsideration of the said decision. 2

The antecedent facts of the case are as follows:

On April 1, 1976, private respondent Joselito...