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Philippine National Bank vs. Sps. Rivera etc.

PHILIPPINE NATIONAL BANK PETITIONER, VS. SPS. VICTORIANO & JOVITA FARICIA RIVERA, RESPONDENTS.

G.R. No. 189577 | 2016-04-20

D E C I S I O N
 
JARDELEZA, J.:
 
Before us is a Petition for Review on Certiorari assailing the Decision dated June 19, 2009[1] and the Resolution dated September 11, 2009[2] of the Court of Appeals (CA). The assailed decision and resolution set aside the Orders dated October 25, 2006[3] and January 9, 2007[4] of the Regional Trial Court, Branch 272, Marikina City (RTC) which dismissed the Complaint for Annulment of Sheriff's Sale with Damages[5] filed by the respondents.
 
The Facts

On September 18, 1995, the Spouses Victoriano and Jovita Faricia Rivera (Spouses Rivera) executed a real estate mortgage[6] in favor of the...