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Multi-Ventures Capital & Mgt. Corp. vs. Stalwart Mgt. Services Corp., et al

MULTI-VENTURES CAPITAL and MANAGEMENT CORPORATION, Petitioner. versus STALWART MANAGEMENT SERVICES CORPORATION, MARIAN G. TAJO, CESAR TAJO and ARIANA GALANG, Respondents*.

G.R. No. 157439 | 2007-07-04

D E C I S I O N
 


AUSTRIA-MARTINEZ, J.:

The sole issue in this case is whether the contract entered into by Multi-Ventures Capital and Management Corporation (petitioner) and Stalwart Management Services Corporation (respondent) is one of loan or sale.

The facts are as follows:

On July 10, 1991, Multi-Ventures Capital and Management Corporation filed with the Regional Trial Court (RTC) of Makati, Branch 134, a Complaint for Reformation of Instrument with application for attachment against Stalwart Management Services Corporation and its officers. Petitioner alleged that on January 11, 1991, respondent obtained from the former a loan in the...