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Rabaja Ranch and Development Corporation Vs. AFP Retirement and Separation Benefits System

RABAJA RANCH DEVELOPMENT CORPORATION, Petitioner, versus AFP RETIREMENT AND SEPARATION BENEFITS SYSTEM, Respondent.

G.R. No. 177181 | 2009-07-07

D E C I S I O N


NACHURA, J.:

Before this Court is a Petition[1] for Review on Certiorari under Rule 45 of the Rules of Civil Procedure, seeking the reversal of the Court of Appeals (CA) Decision[2] dated June 29, 2006, which reversed and set aside the Decision[3] of the Regional Trial Court (RTC) of Pinamalayan, Oriental Mindoro, Branch 41, dated June 3, 2004.

The Facts

Petitioner Rabaja Ranch Development Corporation (petitioner), a domestic corporation, is a holder of Transfer Certificate of Title (TCT) No. T-88513[4] covering the subject property particularly identified as Lot 395, Pls 47, with an area of 211,372 square meters more...