D E C I S I O N
LEONARDO-DE CASTRO, J.:
This is a petition for review on certiorari under Rule 45 of the 1997 Rules of Civil Procedure seeking to reverse and set aside the Decision [1] dated July 28, 2006 of the Court of Appeals as well as its Resolution [2] dated September 28, 2006 denying the motion for reconsideration filed by petitioner.
As narrated in the Court of Appeals' July 28, 2006 Decision, the facts of this case are as follows:
[Respondent] Allado Construction Co., Inc. is a juridical entity engaged in the construction business; [respondent] Ramon Allado is the President of the said corporation.
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