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Diplomat Hotel, Inc., vs. Melchor

DIPLOMAT HOTEL, INC., LOLITA S. MANDAPAT, and PABLITO A. GAHOL, petitioners, vs. ROSARIO P. MELCHOR, ANTONIO C. AGPAOA, DENNIS J. DWYER SIGRUN SEUTEMANN and ARIEL JB ARIAS, respondents.

G.R. No. L-42979 | 1976-12-17

D E C I S I O N

BARREDO, J:

Petition for injunction to enjoin "respondents from committing or continuing the commission of acts that prevent petitioners from exercising their powers and duties as officers and directors of the corporation" known as Diplomat Hotel, Inc. and "from pursuing the management of its corporate business." After respondents had filed their answer and the case had been submitted for decision upon the filing of the memoranda of the parties, the following joint motion was filed on July 1, 1976:

"JOINT MOTION FOR JUDGMENT BASED
ON COMPROMISE AGREEMENT

Petitioners and respondents, assisted by their respective counsel,...