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Consolidated Bank & Trust Corp. vs I.A. Court

THE CONSOLlDATED BANK AND TRUST CORPORATION (SOLIDBANK), CRISOSTOMO M. DE LOS REYES, AMANTE PERALTA, NESTOR ULET and LORENZO SAGA, petitioners, vs. HON. INTERMEDIATE APPELLATE COURT, AMADO APOSTOL, CHENG KANG TARCE, NATION'S KNITTING ENTERPRISES, INC. and VICTORINO GANAL, respondents.

G.R. No. 73341 | 1987-08-21

D E C I S I O N


PARAS, J.:

This is a petition to review and set aside the Decision * of the Intermediate Appellate Court, First Civil Cases Division dated October 11, 1985, in its AC-G.R. CV No. 01839, entitled "Amado Apostol et al. versus Crisostomo de los Reyes, et al.", which modified the decision rendered by the Regional Trial Court, Branch CXVI, Pasay City and the Resolution dated January 6, 1986 which denied the Motion for Reconsideration.

Petitioner Consolidated Bank and Trust Corporation (Solid bank) is a banking corporation duly organized and existing under Philippine Laws, while petitioner Crisostomo de los Reyes is its legal...