DECISION
NACHURA, J.:
For review is the Court of Appeals (CA) Decision[1] dated July 5, 2001 and its Resolution[2] dated November 13, 2001 in CA-G.R. SP No. 64268.
Respondents Yolanda Chan (Yolanda), Rosalina Rivera (Rosalina), Alvin Rivera (Alvin), and Kathleen Rivera (Kathleen), as well as petitioners Simeon Nicolas Chan (Simeon Chan), Leroy Chan (Leroy) and Melanie Mae C. Torres (Melanie), were stockholders of Ambassador Hotel, Inc. (the Hotel).
In a letter[3] dated March 2, 1998, Yolanda and Rosalinda requested the Hotel's President and General Manager, Simeon Chan, for a special meeting of the Hotel's Board of Directors. Simeon...
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