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Philippine Bank of Communications Vs. Pridisons Realty Corporation, et al.

PHILIPPINE BANK OF COMMUNICATIONS, Petitioner, vs. PRIDISONS REALTY CORPORATION, ANTONIO GONZALES, BORMACHECO, INC., NAZARIO F. SANTOS, TERESITA CHUA TEK, CHARITO ONG LEE, and ERNESTO SIBAL, Respondents.

G.R. No. 155113 | 2013-01-09



SECOND DIVISION

D E C I S I O N

BRION, J.:

The petitioner Philippine Bank of Communications (PBComm) seeks the reversal of the decision1 dated April 26, 2002 and the resolution2 dated September 5, 2002 of the Court of Appeals (CA) in CA-G.R. SP No. 62576 through a petition for review on certiorari3 tiled under Rule 45 of the Rules of Court.

THE ANTECEDENT FACTS

Respondent Pridisons Realty Corporation (Pridisons) is the owner of a 1,988-square meter land located in New Manila, Quezon City, covered by Transfer Certificate of Title No. (276613) RT-1160. On November 23, 1989, Pridisons executed in favor of PBComm a deed of real estate mortgage over...