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Development Bank of the Philippines Vs. Court of Appeals & West Negros College, Inc.

DEVELOPMENT BANK OF THE PHILIPPINES, Petitioner, versus WEST NEGROS COLLEGE, INC., Respondent.

G.R. No. 152359 & G.R. No. 174103 | 2008-09-16

R E S O L U T I O N


Tinga, J.:

The Development Bank of the Philippines (DBP) questions the Resolution[1] dated 5 July 2006 issued by the Court of Appeals in CA-G.R. CV No. 38277, entitled West Negros College, Inc. v. Development Bank of the Philippines, which declared that the computation of the redemption price for the property subject of this case should be reckoned from the date of the public auction on 24 August 1989 and that after this date, DBP could no longer collect interest from respondent West Negros College, Inc. (WNC). DBP also assails the Resolution[2] dated 8 August 2006 which denied its motion for reconsideration.

The...