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DULOS REALTY and DEVELOPMENT Corp vs. HON. CA and VICENTA PELEAS

DULOS REALTY and DEVELOPMENT CORPORATION, petitioner, vs. HON. COURT OF APPEALS and VICENTA PELEAS, respondents.

G.R. No. 128516 | 2001-11-28

D E C I S I O N

QUISUMBING, J.:

Petitioner urges this Court to review and reverse the decision[1] dated January 24, 1997, by the Court of Appeals in CA-G.R. CV No. 29366, which nullified and set aside the amended decision[2] dated November 28, 1989, of the Regional Trial Court of Makati, Branch 58, and reinstated its original decision[3] dated April 12, 1989, dismissing petitioner's complaint for rescission of contract, as well as private respondent's counterclaim.

The facts are as follows:

Petitioner Dulos Realty and Development Corporation (Dulos, for brevity) is the owner and developer of Airmen's Village Subdivision located at Las...