Back

National Power Corporation vs De la Cruz, 514 SCRA 56

NATIONAL POWER CORP., Petitioner, versus, SPOUSES NORBERTO AND JOSEFINA DELA CRUZ, METROBANK, Dasmarinas, Cavite Branch, REYNALDO FERRER, and S.K. DYNAMICS MANUFACTURER CORP., Respondents.

G.R. No. 156093 | 2007-02-02

D E C I S I O N 
 
 
VELASCO, JR., J.: 
 
The Case 
 
In this petition for review under Rule 45 of the Rules of Court, petitioner National Power Corporation (NAPOCOR) seeks to annul and set aside the November 18, 2002 Decision[1] of the Court of Appeals (CA) in CA-G.R. CV No. 67446, which affirmed the December 28, 1999 Order[2] of the Imus, Cavite Regional Trial Court (RTC), Branch XX in Civil Case No. 1816-98, which fixed the fair market value of the expropriated lots at PhP 10,000.00 per square meter. 
 
The Facts 
 
Petitioner NAPOCOR is a government-owned and controlled corporation created...