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Crescent Petroleum, Ltd. vs. M/V "LoK Maheshwari, et al.

CRESCENT PETROLEUM, LTD., Petitioner, versus M/V "LOK MAHESHWARI," THE SHIPPING CORPORATION OF INDIA, and PORTSERV LIMITED and/or TRANSMAR SHIPPING, INC., Respondents.

G.R. No. 155014 | 2005-11-11

D E C I S I O N 


PUNO, J.: 

This petition for review on certiorari under Rule 45 seeks the (a) reversal of the November 28, 2001 Decision of the Court of Appeals in CA-G.R. No. CV-54920,[1] which dismissed for "want of jurisdiction" the instant case, and the September 3, 2002 Resolution of the same appellate court,[2] which denied petitioner's motion for reconsideration, and (b) reinstatement of the July 25, 1996 Decision[3] of the Regional Trial Court (RTC) in Civil Case No. CEB-18679, which held that respondents were solidarily liable to pay petitioner the sum prayed for in the complaint. 

The facts are as follows:...