Back

Hang Lung Bank, Ltd. Vs. Felintriye G. Saulog, Et Al.

HANG LUNG BANK, LTD., petitioner, vs. HON. FELINTRIYE G. SAULOG, Presiding Judge, Regional Trial Court, National Capital Judicial Region, Branch CXLII, Makati, Metro Manila and CORDOVA CHIN SAN, respondents. Belo, Abiera & Associates for petitioner. Castelo Law Office for private respondent.

G.R. No. 73765 | 1991-08-26

D E C I S I O N


FERNAN, J.:

Challenged in this petition for certiorari which is anchored on grave abuse of discretion, are two orders of the Regional Trial Court, Branch CXLII of Makati, Metro Manila dismissing the complaint for collection of a sum of money and denying the motion for reconsideration of the dismissal order on the ground that petitioner, a Hongkong-based bank, is barred by the General Banking Act from maintaining a suit in this jurisdiction.

The records show that on July 18, 1979, petitioner Hang Lung Bank, Ltd., which was not doing business in the Philippines, entered into two (2) continuing guarantee agreements with...