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Mayon Estate Corporation vs Marietta Altura, et al

MAYON ESTATE CORPORATION, Petitioner, versus MARIETTA ALTURA, LEOPOLDO LEONARDO, ISIDERIO CATLI, JOSE BOCATO, POLICARPIO FERRER, TERESITA PEREGRINO, PRIMITIVO RIVERA, TEOFILO NAPAO, JESUS VERZOSA, JR., ELISA PANGILINAN, ROGER CANZON, NORMAN ALTURA, ROMUALDO DE BELEN, and RAYMUNDO DE GUZMAN, Respondents.

G.R. No. 134462 | 2004-10-18

DECISION 

CALLEJO, SR., J.:


   This is a petition for review on certiorari under Rule 45 of the Revised Rules of Court assailing the Decision[1] of the Court of Appeals in CA-G.R. SP No. 42602 and its Resolution[2] denying the motion for reconsideration thereof.

   Petitioner Mayon Estate Corporation, Everlasting Estate Corporation (EEC) and NBC Agro-Industrial Development Corporation (NBC) were co-owners of a residential land known as the Peñafrancia Hills Subdivision, with an area of 150 hectares located in Antipolo, Rizal, covered by Transfer Certificate of Title Nos. 310001 to 310946; TCT No. 317488; TCT No....