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Rep. Of the Phil. Vs. Court of Appeals

REPUBLIC OF THE PHILIPPINES, (Represented formerly by the Land Tenure Administration and now the Land Authority), petitioner-appellant, vs. HON. COURT OF APPEALS and the PHILIPPINE NATIONAL BANK, respondents-appellees.

G.R. No. 29390 | 1989-04-12

D E C I S I O N


PARAS, J.:

This is an appeal by certiorari from the decision* of the Court of Appeals in CA-G.R. No. 29020-R, entitled "Republic of the Philippines, represented by the Land Tenure Administration, Plaintiff-Appellant v. Philippine National Bank, Defendant-Appellant," affirming the judgment** of the then Court of First Instance of Pampanga in Civil Case No. 1504.

As shown in the records, the antecedent facts are as follows:

On November 5, 1959, the Republic of the Philippines, represented by the Land Tenure Administration (now Land Authority), herein petitioner, filed an action for the cancellation of a mortgage credit...