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Steel Corporation of the Philippines Vs. Mapfre Insular Insurance Corporation, et al.

STEEL CORPORATION 0 F THE PHILIPPINES, Petitioner, vs. MAPFRE INSULAR INSURANCE CORPORATIQN, NEW INDIA ASSURANCE COMPANY LIMITED, PHILIPPINE CHARTER INSURANCE CORPORATION, MALAYAN INSURANCE CO., INC., and ASIA INSURANCE PHIL. CORP., Respondents,

G.R. No. 201199 | 2013-10-16

SECOND DIVISION

DECISION

CARPIO, J.:

This is a petition 1 for review on certiorari under Rule 45 of the Rules of Court. Petitioner Steel Corporation of the Philippines (SCP) challenges the 8 February 2012 Decision2 and 27 March 2012 Resolution3 of the Court of Appeals in CA-G.R. SP No. 1 19760. The Court of Appeals declared void the 1 June 201 1 Order4 of the Regional Trial Court (RTC), acting as of rehabilitation court, Fourth Judicial Region, Branch 3, Batangas City, in SP. PROC. No. 06-7993.

The Facts 

SCP is a domestic corporation engaged in the manufacture and distribution of cold-rolled and galvanized steel sheets and coils....