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G.Y.Limpin etal vs Intermediate Appellate Court eta

GREGORIO Y. LIMPIN, and ROGELIO M. SARMIENTO, petitioners, vs. INTERMEDIATE APPELLATE COURT and GUILLERMO PONCE, respondents.

G.R. No. L-70987 | 1988-09-29

D E C I S I O N


NARVASA, J.:

Once again the parties are before this Court; this time, for a determination of whether or not the equity of redemption recognized in favor of petitioner Rogelio M. Sarmiento in this Court's judgment promulgated on January 30, 1987, still subsists and may be exercised, more than a year after that judgment had become final and executory.

The proceedings concern two (2) lots, then covered by TCTs Nos. 92836 and 92837, which, together with two (2) others, were originally mortgaged in 1973 to herein private respondent Ponce by their former owners, the Spouses Jose and Marcelina Aquino. These two lots were...