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Republic Planters Bank, et al. vs. Vivencio T. Sarmiento, et al.

REPUBLIC PLANTERS BANK (now known as MAYBANK PHILIPPINES, INC.) and PHILMAY PROPERTY, INC., Petitioners, versus VIVENCIO T. SARMIENTO, JESUSA N. SARMIENTO, JOSE N. SARMIENTO AND ELIZABETH B. SARMIENTO, Respondents.

G.R. No. 170785 | 2007-10-19

D E C I S I O N

Tinga, J.: 

This is an appeal by certiorari under Rule 45 of the 1997 Rules of Civil Procedure assailing the Decision[1] of the Court of Appeals in CA-G.R. CV No. 74451. The Court of Appeals' decision affirmed the 

decision[2] of the Regional Trial Court (RTC) of Parañaque City, Branch 258, which ordered petitioner Maybank Philippines, Inc. (Maybank) to execute in favor of respondents a deed of redemption covering two pieces of mortgaged realty and rescinded the deeds of sale executed by Maybank in favor of petitioner Philmay Property, Inc. (Philmay) and Clara Fabra (Fabra). 

As found by the Court of Appeals,...