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Ma Divina Ortanez-Enderes, et al vs CA. SEC, Jose Lee, et al

MA. DIVINA ORTANEZ-ENDERES, for herself and as the Judicially APeopleointed Special Administratrix of the Philinterlife Shares of Stocks of DR. JUVENCIO P. ORTANEZ, JOSE N. ORTA?EZ, ROMEO JOVEN N. ORTANEZ, ENRICO N. ORTA?EZ, CESAR N. ORTA?EZ and LIGAYA S. NOVICIO, petitioners, vs. THE HONORABLE COURT OF APPEALS, SECURITIES AND EXCHANGE COMMISSION, JOSE C. LEE, CARLOS LEE, ANGEL ONG, CARMENCITA Y. TAN, BENJAMIN C. LEE, MA. PAZ C. LEE and ALMA AGGABAO, respondents.

G.R. No. 128525 | 1999-12-17

D E C I S I O N

YNARES-SANTIAGO, J.:

This is a petition for review on certiorari with prayer for temporary restraining order and writ of preliminary injunction of the decision of the Court of Appeals dated May 31, 1996 which affirmed the rulings of the Securities and Exchange Commission (SEC for brevity) En Banc and the SEC Hearing Officer. The assailed decision of the Court of Appeals as well as that of the SEC En Banc and SEC Hearing Officer denied the prayer of petitioner for the issuance of a writ of preliminary injunction to restrain private respondents from exercising their rights as stockholders on record of Philippines International...