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Development Bank Of The Philippines Vs. Intermediate Appellate Court, Et Al.

DEVELOPMENT BANK OF THE PHILIPPINES, petitioner, vs. INTERMEDIATE APPELLATE COURT, and ANGEL L. BAUTISTA, respondents.

G.R. No. 73027 | 1990-10-18

D E C I S I O N


NARVASA, J.:

An analysis of the private respondent's claims discloses their utter lack of support from the facts on record; yet he has somehow succeeded in delaying the just denouement of his specious demands and even in persuading the Intermediate Appellate Court to grant him a remedy to which he was clearly not entitled. Relief to the petitioner is clearly indicated.

In their lifetime, the spouses Pedro and Matilde Lim were the owners in fee simple of two parcels of land covered by OCT No. RP-3 and TCT No. T-522 of the Registry of Deeds for Iligan City. These lots they mortgaged to the Development Bank of the...