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GO TONG ELECTRICAL SUPPLY CO., INC. AND GEORGE C. GO, PETITIONERS, VS. BPI FAMILY SAVINGS BANK, INC., SUBSTITUTED BY PHILIPPINE INVESTMENT ONE [SPV-AMC], INC.,* RESPONDENT.

GO TONG ELECTRICAL SUPPLY CO., INC. AND GEORGE C. GO, PETITIONERS, VS. BPI FAMILY SAVINGS BANK, INC., SUBSTITUTED BY PHILIPPINE INVESTMENT ONE [SPV-AMC], INC.,* RESPONDENT.

G.R. No. 187487 | 2015-06-29

FIRST DIVISION
 
D E C I S I O N

PERLAS-BERNABE, J.:

Assailed in this petition for review on certiorari[1] are the Decision[2] dated February 17, 2009 and the Resolution[3] dated April 13, 2009 of the Court of Appeals (CA) in CA-G.R. CV No. 86749 which affirmed the Decision[4] dated September 6, 2005 of the Regional Trial Court of Makati City, Branch 143 (RTC) in Civil Case No. 02-1203, an action for collection of sum of money, rendered in favor of respondent BPI Family Savings Bank, Inc. (respondent).

The Facts
 
On October 4, 2002, respondent filed a complaint[5] against petitioners Go Tong Electrical Supply Co., Inc. (Go Tong...