Back

Philippine Commercial & Industrial Bank, Et Al. Vs. Court Of Appeals, Et Al.

PHILIPPINE COMMERCIAL & INDUSTRIAL BANK and JOSE HENARES, petitioners, vs. THE HON. COURT OF APPEALS and MARINDUQUE MINING AND INDUSTRIAL CORPORATION, respondents. Bengzon, Zarraga, Narciso, Cudala, Pecson & Bengson for petitioners. Rexes V. Alejano for private respondent.

G.R. No. 84526 | 1991-01-28

D E C I S I O N


SARMIENTO, J.:

This is a petition for review on certiorari which assails both the resolution 1 dated June 27, 1988 of the Court of Appeals 2 which reconsidered and set aside its earlier decision 3 dated February 26, 1988 reversing the decision 4 of the trial court and subsequent resolution 5 dated August 3, 1988 which denied the petitioners' motion for reconsideration. The dispositive portion of the resolution in question dated June 27, 1988 reads as follows:

xxx xxx xxx

For the reasons above adduced, We are constrained to reconsider Our aforesaid decision and to set it aside and in lieu thereof hereby enter another...