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Ayala Corporation vs. vs. Rosa-Diana Realty and Development Corporation

AYALA CORPORATION, petitioner, vs. ROSA-DIANA REALTY AND DEVELOPMENT CORPORATION, respondent.

G.R. No. 134284 | 2000-12-01

D E C I S I O N
 
DE LEON, JR., J.:
 
Before us is a petition for review on certiorari seeking the reversal of a decision rendered by the Court of Appeals in C.A. G.R. C.V. No. 4598 entitled, "Ayala Corporation vs. Rosa-Diana Realty and Development Corporation," dismissing Ayala Corporation's petition for lack of merit.

The facts of the case are not in dispute:
 
Petitioner Ayala Corporation (hereinafter referred to as Ayala) was the registered owner of a parcel of land located in Alfaro Street, Salcedo Village, Makati City with an area of 840 square meters, more or less and covered by Transfer Certificate...