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Calubad vs. Ricarcen Development Corp.

ARTURO C. CALUBAD, PETITIONER, VS. RICARCEN DEVELOPMENT CORPORATION, RESPONDENT.

G.R. No. 202364 | 2017-08-30

DECISION
 
LEONEN, J.:
 
When a corporation intentionally or negligently clothes its agent with apparent authority to act in its behalf, it is estopped from denying its agent's apparent authority as to innocent third parties who dealt with this agent in good faith.[1]

This resolves the Petition for Review on Certiorari[2] filed by petitioner Arturo C. Calubad (Calubad), assailing the January 25, 2012 Decision[3] and June 20, 2012 Resolution[4] of the Court of Appeals in CA-GR. CV No. 93185, which upheld the January 6, 2009 Decision[5] of Branch 218, Regional Trial Court, Quezon City in Civil Case No....