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Philippine National Bank Vs. Intermediate Appellate Court

PHILIPPINE NATIONAL BANK, petitioner, vs. THE HONORABLE INTERMEDIATE APPELLATE COURT (First Civil Cases Division) and ROMEO ALCEDO, respondents.

G.R. No. 66715 | 1990-09-18

D E C I S I O N


GRIá'O-AQUINO, J.:

This is a petition for certiorari which seeks to set aside: (a) the decision dated November 29, 1983 of the Intermediate Appellate Court (now Court of Appeals) in CA-G.R. CV No. 68021 which affirmed the decision of the Court of First Instance of Negros Occidental (now Regional Trial Court), Branch IV, Bacolod City, in Civil Case No. 11393; and (b) respondent court's resolution dated February 29,1984 denying petitioner Philippine National Bank's (PNB for short) motion for reconsideration.

The facts of the case are the following:

On March 20, 1968, Leticia de la Vina-Sepe executed a real estate...