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Strongworld Construction Corporation, et al. vs. Hon. N.C. Perello, et al.

STRONGWORLD CONSTRUCTION CORPORATION, LEO CLETO A. GAMOLO, and REYNOLD P. MOLO, petitioners, vs. HON. N.C. PERELLO in her capacity as Presiding Judge of Branch 276 of the Regional Trial Court of Muntinlupa City, FIRST PEOPLE'S BANK, BANK OF COMMERCE, ORLANDO O. FRANCISCO, and EDITHA LIZARDA, respondents.

G.R. No. 148026 | 2006-07-27

FIRST DIVISION

D E C I S I O N

CHICO-NAZARIO, J.:

Before Us is a Petition for Review on Certiorari, seeking to set aside the Decision [1] and Resolution [2] of the Court of Appeals in CA-G.R. SP. No. 49462, dated 24 May 2000 and 2 April 2001, respectively.

The Antecedents

Petitioner Strongworld Construction Corporation (Strongworld) is a domestic corporation engaged in the business of construction. Petitioners Leo Cleto A. Gamolo (Gamolo) and Reynold P. Molo (Molo) are members of the Board of Directors of petitioner Strongworld. On 31 October 1997, petitioners filed a Complaint [3] for Sum of Money and Damages with the Regional Trial Court...