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Finasia Investments, Et Al. Vs. Court Of Appeals, Et Al.

FINASIA INVESTMENTS and FINANCE CORPORATION, petitioner, vs. THE COURT OF APPEALS, HON. FERNANDO P. AGDAMAG, in his capacity as Presiding Judge of the Regional Trial Court of Makati, Branch 138, and ROSITO A. CASTRO. respondents.

G.R. No. 107002 | 1994-10-07

D E C I S I O N


KAPUNAN, J.:

Petitioner seeks the reversal of the decision of the Court of Appeals holding that private respondent Rosito A. Castro's "claim" against petitioner Finasia Investments and Finance Corporation (FINASIA, for short) is not one within the contemplation of Section 6(c) of Presidential Decree 902-A, as amended, which provides for the suspension of all actions for claims against corporations, partnerships or associations under management or receivership pending before any court, tribunal, board or body.

The facts of the case are as follows:

Sometime in 1982, FINASIA extended a loan to Felicisimo Francisco in the...