Back

Orix Metro vs. Cardline etc.

ORIX METRO LEASING AND FINANCE CORPORATION, PETITIONER, VS. CARDLINE INC., MARY C. CALUBAD, SONY N. CALUBAD, AND NG BENG SHENG, RESPONDENTS.

G.R. No. 201417 | 2016-01-13

D E C I S I O N
 
BRION, J.:
 
We resolve the petition for review on certiorari challenging the January 6, 2012 decision[1] and April 16, 2012 resolution[2] of the Court of Appeals (CA) in CA-GR SP No. 118226. The CA annulled the Regional Trial Court's (RTC) order to execute the judgment against the respondents. The CA ruled that Cardline Inc. (Cardline) had fully satisfied its outstanding obligation by returning the leased properties to Orix Metro Leasing and Finance Corporation (Orix).
 
THE ANTECEDENTS

Cardline leased four machines (machines) from Orix as evidenced by three similarly-worded lease agreements. Cardlirte's...