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M & M Management Aids, Inc. Vs. Court of Appeals, et al.

M & M MANAGEMENT AIDS, INC., petitioner, vs. The Honorable COURT OF APPEALS and EXEQUIEL B. MIGUEL, for and in his behalf, and as Attorney-in-Fact of Antonina B. Miguel, Reynalda M. Pineda, Gregorio B. Miguel, Florentina M. Sta. Ana, Violeta M. Austria, and Candido B. Miguel, Jr., respondents.

G.R. No. L-53924 | 1984-06-29

D E C I S I O N


AQUINO, J.:

This case is about the lessee's liability to pay the rentals during the pendency of its action for rescission of the lease. On August 8, 1973, M & M Management Aids, Inc. leased from the Heirs of Candido Miguel, Sr. a parcel of land with an area of one hectare, to be used as a factory site, located at Barrio Tipas, Taguig, Rizal (p. 69, Rollo).

The term of the lease was ten years or from August 1, 1973 to July 31, 1983. The lessee was given the option to buy the land. The annual rental for the first three years was P12,000; P42,000 for the next three years and for the last four years P96,000 (pp. 68-73,...