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Spouses Nilo Cha, et al. vs. Court of Appeals, et al., 277 SCRA 690

Spouses NILO CHA and STELLA UY CHA, and UNITED INSURANCE CO., INC., petitioners vs. COURT OF APPEALS and CKS DEVELOPMENT CORPORATION, respondents.

G.R. No. 124520 | 1997-08-18

FIRST DIVISION

D E C I S I O N 


PADILLA, J.: 

This petition for review on certiorari under Rule 45 of the Rules of Court seeks to set aside a decision of respondent Court of Appeals. 

The undisputed facts of the case are as follows: 

1. Petitioner-spouses Nilo Cha and Stella Uy-Cha, as lessees, entered into a lease contract with private respondent CKS Development Corporation (hereinafter CKS), as lessor, on 5 October 1988. 

2. One of the stipulations of the one (1) year lease contract states: 

18. . . . The LESSEE shall not insure against fire the chattels, merchandise, textiles, goods and effects placed at any stall...