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Philippine Countryside Rural Bank Inc. vs. Toring

PHILIPPINE COUNTRYSIDE RURAL BANK (LILOAN, CEBU), INC., Petitioner, versus JOVENAL B. TORING, Respondent.

G.R. No. 157862 | 2009-04-16

DECISION




CARPIO, J.:



The Case



Before the Court is a petition for review on certiorari[1] assailing the Resolution[2] dated 12 March 2003 of the Court of Appeals, which reversed its earlier Decision[3] dated 30 September 2002 in CA-G.R. SP No. 68131 and affirmed the Summary Judgment dated 27 June 2000 of the Regional Trial Court of Mandaue City, Branch 55, in Civil Case No. MAN-2647.

The Facts



Jovenal B. Toring, respondent, is the registered owner of a 13,890 square meter parcel of land located in Barrio Basak, Lapu-Lapu City. The land, identified as Lot 2842 of the Cadastral Survey of Opon, L.R.C. Record No. 1003, is covered by Transfer...