SECOND DIVISION
D E C I S I O N
MENDOZA, J.:
This is a petition for review on certiorari filed by the petitioners, spouses Victor and Grace Ong (Spouses Ong), seeking to set aside the March 31, 2003 Decision1 of the Court of Appeals (CA) which affirmed the decision2 of the Regional Trial Court Branch 267, Pasig City (RTC), dismissing the petitioners' complaint for annulment of extra-judicial foreclosure of real estate mortgage, and its August 13, 2003 Resolution denying the motion for reconsideration.3
The Facts
Records reveal that Kenlene Laboratories, Inc. with Spouses Ong acting as Director and Treasurer, respectively, obtained a loan from...
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