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BPI Family Savings Bank, inc. vs. Golden Power Diesel Sales Centren, Inc., et al.

BPI FAMILY SAVINGS BANK, INC., Petitioner,vs.GOLDEN POWER DIESEL SALES CENTER, INC. and RENATO C. TAN, Respondents.

G.R. No. 176019 | 2011-01-12

SECOND DIVISION

D E C I S I O N

 

CARPIO, J.:

 

The Case

 

This is a petition for review1 of the 13 March 2006 Decision2 and 19 December 2006 Resolution3 of the Court of Appeals in CA-G.R. SP No. 78626. In its 13 March 2006 Decision, the Court of Appeals denied petitioner BPI Family Savings Bank, Inc.?s (BPI Family) petition for mandamus and certiorari. In its 19 December 2006 Resolution, the Court of Appeals denied BPI Family?s motion for reconsideration.

 

The Facts

 

On 26 October 1994, CEDEC Transport, Inc. (CEDEC) mortgaged two parcels of land covered by Transfer Certificate of Title (TCT) Nos. 134327 and 134328 situated...