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Manuel M. Alleje Vs. Court Of Appeals, Et Al.

MANUEL M. ALLEJE, petitioner, vs. COURT OF APPEALS, SPORTS HEALTH AND PHYSICAL EDUCATION (SHAPE) CENTRE, INC., and/or ARMIE E. ELMA, Presiding Judge, RTC - Pasig, Br. 153, respondents.

G.R. No. 107152 | 1995-01-25

D E C I S I O N


BELLOSILLO, J.:

We are called upon once again to draw the parameters of the jurisdiction of the regular courts vis-a-vis the Securities and Exchange Commission (SEC) under PD 902-A. Specifically, we are asked to rule on whether the Regional Trial Court of Pasig - and not the SEC - has jurisdiction over an action instituted by respondent SPORTS HEALTH AND PHYSICAL EDUCATION (SHAPE) CENTER, INC., against one of its officers, petitioner herein, for recovery of corporate funds and assets allegedly misappropriated by him.

Private respondent SHAPE is a duly registered non-stock, non-profit corporation the primary purpose of...