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Julieta V. Esguerra vs. Court of Appeals, et al.

JULIETA V. ESGUERRA, petitioner vs. COURT OF APPEALS and SURESTE PROPERTIES, INC., respondents

G.R. No. 119310 | 1997-02-03

D E C I S I O N


PANGANIBAN, J.:

May a co-owner contest as unenforceable a sale of a real property listed in and sold pursuant to the terms of a judicially-approved compromise agreement but without the knowledge of such co-owner? Is the corporate secretary's certification of the shareholders' and directors resolution authorizing such sale sufficient, or does the buyer need to go behind such certification and investigate further the truth and veracity thereof?

These questions are answered by this Court as it resolves the instant petition challenging the Decision 1 in CA-G.R. SP No. 33307 promulgated May 31, 1994 by the respondent Court,...