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Tala Realty Services Corporation vs Banco Filipino Savings And Mortgage Bank

TALA REALTY SERVICES CORPORATION, petitioner, vs. BANCO FILIPINO SAVINGS AND MORTGAGE BANK, respondent.

G.R. No. 143263 | 2004-01-29

D E C I S I O N

SANDOVAL-GUTIERREZ, J.:

At bar is a petition for review on certiorari challenging the Decision[1] dated July 23, 1999 of the Court of Appeals and its Resolution[2] dated May 16, 2000 in CA-G.R. SP No. 47943 which affirmed the Decision[3] of the Regional Trial Court (RTC), Branch 272, Marikina City in SCA Case No. 95-56-Mk, entitled "Tala Realty Services Corporation vs. Banco Filipino Savings and Mortgage Bank."

Sometime in 1979, Banco Filipino Savings and Mortgage Bank (Banco Filipino), respondent, had to unload some of its branch sites since it has reached its allowable limit under Section 25(a) and 34 of Republic Act...