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Samuel Malabanan Vs. Rural Bank of Cabuyao, Inc.

SAMUEL MALABANAN, Petitioners, versus RURAL BANK OF CABUYAO, INC., Respondent.

G.R. No. 163495 | 2009-05-08

D E C I S I O N


Tinga, J.:

This petition for review on certiorari[1] seeks to set aside the decision[2] of the Court of Appeals dated 7 May 2004 in CA-G.R. SP No. 82223 which sustained the judgment[3] of the Regional Trial Court (RTC), Branch 55, Calamba City. The RTC, in the exercise of its appellate jurisdiction, reversed an earlier decision of the Municipal Trial Court in Cities[4] (MTCC) and ordered the ejectment of herein petitioner.

The following facts are uncontroverted.

Samuel Malabanan (petitioner) was indebted to the Rural Bank of Cabuyao (respondent) in the amount of P5,000,000.00. To secure the payment of said loan,...