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ATP Technologies International, Inc. vs. Micron Precision Phils., Inc.

ATP TECHNOLOGIES INTERNATIONAL, INC., Petitioner, versus MICRON PRECISION PHILS., INC., Respondent.

G.R. No. 171102. | 2006-11-24

FIRST DIVISION
 
DECISION 
 
YNARES-SANTIAGO, J.: 
 
This Petition for Review on Certiorari[1] assails the October 24, 2005 Decision[2] of the Court of Appeals in CA-G.R. CV No. 83262, which reversed the Decision[3] of the Regional Trial Court of Pasig City, Branch 161 in Civil Case No. 68718, as well as the January 9, 2006 Resolution[4] denying petitioner's Motion for Reconsideration.[5] In the assailed Decision, the Court of Appeals ordered petitioner, ATP Technologies International, Inc. to refund to respondent Micron Precision Philippines, Inc. its security deposit amounting to P642,006.00, plus interest,...