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MILESTONE FARMS, INC., Petitioner, vs. OFFICE OF THE PRESIDENT, Respondent.

Milestone Farms, Inc. vs. Office of the President

G.R. No. 182332 | 2011-02-23




SECOND DIVISION

D E C I S I O N


NACHURA, J.:


Before this Court is a Petition for Review on Certiorari1 under Rule 45 of the Rules of Civil Procedure, seeking the reversal of the Court of Appeals (CA) Amended Decision2 dated October 4, 2006 and its Resolution3 dated March 27, 2008.


The Facts


Petitioner Milestone Farms, Inc. (petitioner) was incorporated with the Securities and Exchange Commission on January 8, 1960.4 Among its pertinent secondary purposes are: (1) to engage in the raising of cattle, pigs, and other livestock; to acquire lands by purchase or lease, which may be needed for this purpose; and to sell and otherwise dispose of said...