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Pabalan vs. Sabnani

ESTRELLA PABALAN, PETITIONER, VS. VASUDAVE SABNANI, RESPONDENT.

G.R. No. 211363 | 2023-02-21

D E C I S I O N
 
GAERLAN, J.:
 
This is a Petition for Review on Certiorari[1] assailing the Decision[2] dated November 28, 2012 and Resolution[3] dated February 12, 2014 of the Court of Appeals (CA) in CA-G.R. CV No. 91169. The assailed CA rulings affirmed with modification the Decision[4] dated March 28, 2005 of the Regional Trial Court (RTC) of Makati City, Branch 59, in Civil Case No. 99-1361.
 
The Antecedent Facts

On April 30, 1999, Vasudave Sabnani (Sabnani), a British national, obtained a short-term loan from Estrella Pabalan (Pabalan) in the total amount of P7,450,000.00.[5] As securities for...