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Ramon A. Gonzales vs. Land Bank of the Philippines, et al.

RAMON A. GONZALES, petitioner, vs. LAND BANK OF THE PHILIPPINES and COURT OF APPEALS, respondents.

G.R. No. 76759 | 1990-03-22

D E C I S I O N


FERNAN, J.:

This petition for review on certiorari seeks to reverse and set aside the December 2, 1986 decision of the Court of Appeals, reversing the decision of that trial court and in effect denying the direct issuance of Land Bank bonds in the name of herein petitioner as assignee thereof.

On the strength of a Deed of Assignment executed on August 8, 1981 by Ramos Plantation Company, Inc. (hereafter referred to as the corporation) through its president, Antonio Vic Zulueta, assigning its rights under Land Transfer Claim No. 82-757 unto petitioner Ramon A. Gonzales, the latter filed an action before the Regional...