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Langkaan Realty Development Inc vs United Coconut Planters Bank and CA

LANGKAAN REALTY DEVELOPMENT, INC., petitioner, vs. UNITED COCONUT PLANTERS BANK, and HON. COURT OF APPEALS, respondents.

G.R. No. 139437 | 2000-12-08

D E C I S I O N

GONZAGA-REYES, J.:

This is a Petition for Review on Certiorari under Rule 45 seeking to set aside the decision of the Court of Appeals in CA-G.R. No. CV 53514 which affirmed the decision of the Regional Trial Court of Imus, Cavite, Branch 20, in Civil Case No. 360-89, and the Resolution of the Court of Appeals denying the petitioner's Motion for Reconsideration.

The antecedent facts are as follows:

Petitioner Langkaan Realty Development Corporation (LANGKAAN, for brevity) was the registered owner of a 631,693 square meter parcel of land covered by Transfer Certificate of Title No. 111322, and located at Langkaan,...