Back

Royal Savings Bank, formerly Comsavings Bank, now GSIS Family Bank Vs. Fernando Asia, Mike Latag, et al.

ROYAL SAVINGS BANK, formerly Comsavings Bank, now GSIS FAMILY BANK, Petitioner, vs.. FERNANDO ASIA, MIKE LATAG, CORNELIA MARANAN, JIMMY ONG, CONRADO MACARALAYA, ROLANDO SABA, TOMAS GALLEGA, LILIA FEDELIMO, MILAGROS HAGUTAY and NORMA GABATIC (Collectively referred to as respondents Asia, et al.) represented by their counsel on , record, ATTY. ROGELIO U. CONCEPCION., Respondent.

G.R. No. 183658 | 2013-04-10


FIRST DIVISION

DECISION
SERENO, CJ:

This is a Petition for Review1 filed by Royal Savings Bank (petitioner), praying for the reversal of the Orders dated 4 October 200i and 25 June 2008/ which were rendered by Branch 222 of the Regional Trial Court of Quezon City (RTC) in LRC No. Q-22780 (07). These Orders granted respondents' Urgent Motion to Quash the Writ of Possession and Writ of Execution" issued by the then presiding judge of the RTC in petitioner's favor.

Sometime in January 1974, Paciencia Salita (Salita) and her nephew, Franco Valenderia (Valenderia), borrowed the amount of P25,000 from petitioner. The latter loaned to them an...