Back

Manuel M. Mendoza, et al. vs. Banco Real Development Bank.

MANUEL M. MENDOZA and EDGARDO A. YOTOKO, Petitioners, versus BANCO REAL DEVELOPMENT BANK (now LBC Development Bank), Respondent.

G.R. No. 140923 | 2005-09-16

THIRD DIVISION

D E C I S I O N 

SANDOVAL-GUTIERREZ, J.: 

Before us is a petition for review on certiorari[1], assailing the Decision[2] of the Court of Appeals dated September 21, 1998 in CA-G.R. No. 41544, entitled "Banco Real Development Bank, plaintiff, versus, Technica Video Inc., et. al., Manuel M. Mendoza, et. al., defendants" and Resolution dated December 3, 1999. 

The petition alleges inter alia that on August 7, 1985, the Board of Directors of Technical Video, Inc. (TVI) passed a Resolution authorizing its President, Eduardo A. Yotoko, petitioner, or its General Manager-Secretary-Treasurer, Manuel M. Mendoza, also a...