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National Telecommunications Commission, Petitioner, Vs. Honorable Court Of Appeals And Philippine Long Distance Telephone Company, Respondents.

NATIONAL TELECOMMUNICATIONS COMMISSION, petitioner, vs. HONORABLE COURT OF APPEALS and PHILIPPINE LONG DISTANCE TELEPHONE COMPANY, respondents.

G.R. No. 127937 | 1999-07-28

D E C I S I O N

PURISIMA, J.:

At bar is a Petition for Review on Certiorari under Rule 45 of the Revised Rules of Court seeking to modify the October 30, 1996 Decision[1] and the January 27, 1997 Resolution[2] of the Court of Appeals[3] in CA-G.R. SP No. 34063.

The antecedent facts that matter can be culled as follows:

Sometime in 1988, the National Telecommunications Commission (NTC) served on the Philippine Long Distance Telephone Company (PLDT) the following assessment notices and demands for payment:

"1. the amount of P7,495,161.00 as supervision and regulation fee under Section 40 (e) of the PSA for the said year, 1988, computed...