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Onapal Phil. Commodities, Inc. vs. CA

ONAPAL PHILIPPINES COMMODITIES, INC., petitioner, vs. THE HONORABLE COURT OF APPEALS AND SUSAN CHUA, respondents

G.R. No. 90707 | 1993-02-01

D E C I S I O N

CAMPOS, JR., J p:

This is an appeal by way of a Petition for Certiorari under Rule 45 of the Rules of Court to annul and set aside the following actions of the Court of Appeals:

a) Decision ** in Case CA-G.R. CV No. 08924; and

b) Resolution *** denying a Motion for Reconsideration.

on the ground of grave abuse of discretion amounting to lack or excess of jurisdiction and further ground that the decision is contrary to law and evidence. The questioned decision upheld the trial court's findings that the Trading Contract 1 on "futures" is a specie of gambling and therefore null and void. Accordingly, the petitioner (as...