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Goldenway Merchandising Corporation vs. Equitable PCI Bank

Goldenway Merchandising Corporation, Petitioner Vs. Equitable PCI Bank, Respondent.

G.R. No. 195540 | 2013-03-13

 

FIRST DIVISION

 

DECISION 

 

VILLARAMA, JR., J.: 

 

Before the Court is a petition for review on certiorari which seeks to reverse and set aside the Decision1 dated November 19, 2010 and Resolution2 dated January 31, 2011 of the Court of Appeals (CA) in CA G.R. CV No. 91120. The CA affirmed the Decision3 dated January 8, 2007 of the Regional Trial Court (RTC) of- Valenzuela City, Branch 171 dismissing the complaint in Civil Case No. 295-V -01. 

The facts are undisputed. 

On November 29, 1985, Goldenway Merchandising Corporation (petitioner) executed a Real Estate Mortgage in favor of Equitable PCI Bank...