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Central Bank vs. Court of Appeals [DECISION]

CENTRAL BANK OF THE PHILIPPINES AND HON. JOSE B. FERNANDEZ, petitioners, vs. HON. COURT OF APPEALS, RTC JUDGE TEOFILO GUADIZ, JR., PRODUCERS BANK OF THE PHILIPPINES AND PRODUCER PROPERTIES, INC., respondents.

G.R. No. 88353 | 1992-05-08

D E C I S I O N
 
DAVIDE, JR., J.:
 
The common origin of these cases is Civil Case No. 17692 filed before Branch 147 (Makati) of the Regional Trial Court, National Capital Judicial Region and entitled Producers Bank of the Philippines and Producers Properties, Inc. versus Central Bank of the Philippines, Jose B. Fernandez, Jr. and the Monetary Board. On 21 January 1991, this Court ordered the consolidation of G.R. No. 92943 with G.R. No. 88353.[1]
 
The first case, G.R. No. 88353, is a petition for review on certiorari of the decision of 6 October 1988[2] and the resolution of 17 May 1989[3] of the respondent...