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Pryce Corporation vs. Ponce

PRYCE CORPORATION, PETITIONER, VS. ENGR. VICENTE PONCE (DECEASED), SUBSTITUTED BY VALERIANO, VENANCIO, VICENTE, VITALIANO, VIVENCIO ALL SURNAMED PONCE AND MA. VIRGINIA PONCE­ QUIZON, REPRESENTED BY ENGR. TEODORO PONDOC, RESPONDENTS.

G.R. No. 206863 | 2023-03-22

D E C I S I O N
 
HERNANDO, J.:
 
For Our resolution is a Petition for Review on Certiorari[1] assailing the August 31, 2012 Decision[2] and the April 18, 2013 Resolution[3] of the Court of Appeals (CA) in CA-G.R. CV No. 02246, which affirmed in toto the August 17, 2007 Decision[4] of the Regional Trial Court (RTC), Branch 4, Iligan City.
 
Both the RTC and the CA declared respondent Vicente Ponce[5] (Ponce) as the rightful owner of the disputed five-hectare land located in Sta. Filomena, Iligan City, and covered by Transfer Certificate of Title No. (TCT) T-17,464 in his name.

Meanwhile,...