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Land Bank of the Philippines vs. Court of Appeals and Rodriguez, et al.

LAND BANK OF THE PHILIPPINES, Petitioner, vs. THE HON. COURT OF APPEALS, MAMERTA B. RODRIGUEZ, SPS. ARMANDO and ZENAIDA STA ANA, EL OBSERVATORIO DE MANILA INCORPORADA, SPS. WILFREDO and AURORA POSADAS, REGINALD F. FRANCISCO, BIENVENIDO L. MACEDA, SPS. HECTOR and MATILDE MENDOZA and EUGENIO V. ROMILLO, Respondents.

G.R. No. 129368 | 2003-08-25

Republic of the Philippines
SUPREME COURT
Manila
 
SECOND DIVISION
 
D E C I S I O N
 
CALLEJO, SR., J.:
 
Before this Court is a petition for certiorari under Rule 65 of the Revised Rules of Court which seeks to annul and set aside the Decision1 and Resolution of the Court of Appeals in CA-G.R. CV Nos. 12533-35 dated November 12, 1996 and April 14, 1997, respectively, reversing the Order2 of the Regional Trial Court of Makati City, Branch 136, in Special Proceedings Cases Nos. M-108, M-125 and M-126.
 
THE ANTECEDENTS
 
Manotoc Securities, Inc. (MSI) was a duly licensed broker and dealer in...