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National Dev't Co. Vs. Court Of Appeals

NATIONAL DEVELOPMENT CO. and AMERICAN EXPRESS BANK, LTD., petitioners, vs. HON. COURT OF APPEALS, HON. IGNACIO M. CAPULONG, VICENTE T. TAN, VICTAN AND COMPANY, INC., TRANSWORLD INVESTMENT CORP. FIRST INTERNATIONAL INVESTMENT CO., INC., FAR EAST PETROLEUM AND MINERAL CORP., and PHILCONTRUST INTERNATIONAL CORP., respondents.

G.R. No. 98467 | 1992-07-10

D E C I S I O N


DAVIDE, JR., J.:

This is a petition for review on certiorari under Rule 45 of the Rules of Court seeking to set aside the 11 April 1991 Resolution 1 of a Division of Five of the Court of Appeals which reconsidered and nullified the 30 April 1990 Decision 2 of the former Sixth Division thereof in C.A.-G.R. SP No. 18865 3 directing the Regional Trial Court (Branch 134, Makati) of the National Capital Judicial Region to dismiss private respondents' complaint in Civil Case No. 15707.

The antecedents in this case are not disputed.

On 13 January 1987, private respondents filed a complaint in Civil Case No. 15707 against the...