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Central Coop. Exchange vs N. Encisco etal.

CENTRAL COOPERATIVE EXCHANGE, INC., plaintiff-appellee, vs. NICOLAS T. ENCISO, and THE HONORABLE COURT OF APPEALS, defendant-appellee.

G.R. No. L-35603 | 1988-06-28

D E C I S I O N


PARAS, J.:

This is a petition for review of the decision of the Court of Appeals ** dated June 20, 1972, affirming the decision of the then Court of First Instance of Manila, Branch XV, in Civil Case No. 4439, dismissing a complaint by herein petitioner against herein private respondent to recover a sum of money received by the latter from the corporation, while he was serving as member of the Board of Directors of the Exchange.

As gathered from the records, the antecedent facts of this case are as follows:

Petitioner Central Cooperative Exchange, Inc. is the National Federation of Farmers' Cooperative Marketing...