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Planters Development Bank vs. Lubiya Agro Industrial Corp.

PLANTERS DEVELOPMENT BANK, PETITIONER, V. LUBIYA AGRO INDUSTRIAL CORPORATION, RESPONDENT.

G.R. No. 207976 | 2018-11-14

D E C I S I O N
 
A. REYES, JR., J.:
 
Nature of the Case
 
This Petition for Review on Certiorari under Rule 45 of the Rules of Court seeks to reverse and set aside the January 24, 2013 Decision[1] and June 20, 2013 Resolution[2] of the Court of Appeals (CA) in CA-G.R. CV No. 01761-MIN. The challenged rulings partially reversed the March 5, 2008 Decision[3] of the Regional Trial Court (RTC), Branch 35, General Santos City in Civil Case No. 6884, dismissing herein respondent's complaint for nullification of loan agreement and foreclosure proceedings.
 
Factual Antecedents
 
On August 23, 1995 and...