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Filoil Marketing Corp. vs. I.A. Court

FILOIL MARKETING CORPORATION (now Petrophil Corporation), petitioner, vs. THE HONORABLE INTERMEDIATE APPELLATE COURT and JOSEFINA ALBERTO DE PABALAN, respondents.

G.R. No. 67115 | 1989-01-20

D E C I S I O N


CRUZ, J.:

There were three principal defendants in the original action for rescission and damages filed by the herein private respondent. They were all held solidarily liable. Only the petitioner herein has appealed from the decision of the respondent court sustaining the trial court. The other defendant has not done so and so is bound by the decision no before us.

This case arose from a sale of a piece of land belonging to Josefina Alberto de Pabalan in favor of Villa Rey Transit on December 22, 1971. 1 The purchase price was P140,000.00, payable in installments. On the day of the sale, TCT No. 87322 covering the land...