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SECURITIES AND EXCHANGE COMMISSION, PETITIONER, VS. UNIVERSAL RIGHTFIELD PROPERTY HOLDINGS, INC., RESPONDENT.

SECURITIES AND EXCHANGE COMMISSION, PETITIONER, VS. UNIVERSAL RIGHTFIELD PROPERTY HOLDINGS, INC., RESPONDENT.

G.R. No. 181381 | 2015-07-20

THIRD DIVISION
 
D E C I S I O N

PERALTA, J.:

Before the Court is a petition for review under Rule 45 of the Rules of Court, which seeks to reverse and set aside the Decision[1] dated January 21, 2008 of the Court of Appeals (CA) in CA-G.R. SP No. 93337, the dispositive portion of which reads:

WHEREFORE, in view of the foregoing, the petition is GRANTED. The assailed Resolution, dated December 15, 2005, of the Securities and Exchange Commission, as well as its Order of Revocation dated December 8, 2004, are hereby SET ASIDE.
 
SO ORDERED.[2]

The facts are as follows:
 
Respondent Universal Rightfield Property Holdings, Inc. (URPHI) is...