Back

Prudential Bank vs. Intermediate Appellate Court

PRUDENTIAL BANK, petitioner, vs. INTERMEDIATE APPELLATE COURT, PHILIPPINE RAYON MILLS INC. and ANACLETO R. CHI, respondents.

G.R. No. 74886 | 1992-12-08

D E C I S I O N

DAVIDE, JR., J:

Petitioner seeks to review and set aside the decision [1] of public respondent Intermediate Appellate Court (now Court of Appeals), dated 10 March 1986, in AC-G.R. No. 66733 which affirmed in toto the 15 June 1978 decision of Branch 9 (Quezon City) of the then Court of First Instance (now Regional Trial Court) of Rizal in Civil Case No. Q-19312. The latter involved an action instituted by the petitioner for the recovery of a sum of money representing the amount paid by it to the Nissho Company Ltd. of Japan for textile machinery imported by the defendant, now private respondent, Philippine Rayon Mills, Inc....