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Rizal Commercial Banking Corporation (RCBC) vs. Intermediate Appellate Court (IAC) [DISSENTING OPINION, FELICIANO, J.]

RIZAL COMMERCIAL BANKING CORPORATION, petitioner, vs. INTERMEDIATE APPELLATE COURT AND BF HOMES INCORPORATED, respondents.

G.R. No. 74851 | 1992-09-14

Separate Opinions 

FELICIANO, J., dissenting: 

In the statement of facts set out in the ponencia of my learned brother in the Court, Mr. Justice Medialdea, the following items are found, among other things: 

"On September 28, 1984, B.F. Homes filed a 'Petition for Rehabilitation and for declaration of suspension of Payments' (SEC Case No. 002693) with the Securities and Exchange Commission (SEC). 

xxx xxx xxx 

On March 18, 1985, the SEC appointed a management committee for B.F. Homes." (Ponencia pages 2-3) 

In other words, a period of just about six (6) months intervened between the filing of the petition for...