SECOND DIVISION
D E C I S I O N
PERALTA, J.:
Before this Court is a petition for certiorari,1 under Rule 65 of the Rules of Court, seeking to set aside the July 6, 2007 Resolution2 and October 24, 2007 Resolution3 of the Court of Appeals (CA) in CA-G.R. CV No. 00824.
The facts of the case are as follows:
On August 31, 1990, the Monetary Board (Board) issued a Resolution4 ordering the closure of the Mindanao Savings and Loan Association (MSLA). The MSLA was placed under receivership with the president of the Philippine Deposit and Insurance Corporation (PDIC) appointed as its receiver.
On May 24, 1991, the Board issued Resolution No. 6005...
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