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Land Bank of the Philippines Vs. Heirs of Maximo Puyat and Gloria Puyat represented by Attorney-in Fact Marissa Puyat

LAND BANK OF THE PHILIPPINES,Petitioner, - versus - Heirs of MAXIMO PUYAT and GLORIA PUYAT, represented by Attorney-in-Fact Marissa Puyat,Respondents

G.R. No. 175055 | 2012-06-27

D E C I S I O N

DEL CASTILLO, J.:

In agrarian reform cases, when the acquisition process under Presidential Decree (PD) No. 27 remains incomplete upon the effectivity of Republic Act (RA) No. 6657, the process should be completed under the new law.[1]

Before the Court is a Petition for Review[2] assailing the June 28, 2006 Decision[3] of the Court of Appeals (CA) in CA-G.R. SP No. 86582. The dispositive portion of the assailed Decision reads:

WHEREFORE, the decision dated May 11, 2004 as amended by the order dated September 3, 2004 is AFFIRMED subject to the modification that the reckoning of the 6% interest per annum shall be from...