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Ramos vs. Central Bank

EMERITO M. RAMOS, SUSANA B. RAMOS, EMERITO B. RAMOS, JR., JOSEFA RAMOS DE LA RAMA, HORACIO DE LA RAMA, ANTONIO B. RAMOS, FILOMENA RAMOS LEDESMA, RODOLFO RAMOS, VICTORIA RAMOS TANJUATCO, and TEOFILO TANJUATCO, petitioners, vs. CENTRAL BANK OF THE PHILIPPINES, respondent. Francisco Carreon, Feliciano C. Tumale and Araneta, Mendoza & Papa for petitioners. Office of the Solicitor General Felix Q. Antonio and F. E. Evangelista, Clara Cruz-Espritu & Iñigo B. Regalado, Jr. for respondent Bank.

G.R. No. L-29352 | 1971-10-04

Republic of the Philippines
SUPREME COURT
Manila
 
EN BANC
 
REYES, J.B.L., J.:
 
This is a petition for Certiorari, Prohibition and Mandamus with prayer for the issuance of a writ of preliminary injunction to restrain respondent Central Bank of the Philippines (hereinafter designated as the CB) from enforcing and implementing the Monetary Board Resolution No. 1263, adopted on 30 July 1968, excluding the Overseas Bank of Manila (hereinafter termed the OBM) from clearing with the Central Bank, that was ordered implemented on 31 July 1968 (Annex "11"), and Resolution No. 1290, adopted on 1 August 1968,...