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Domingo R. Manalo vs PAIC Savings Bank, et al.

DOMINGO R. MANALO, Petitioner, versus PAIC SAVINGS BANK and THERESE V. VARGAS, Respondents.

G.R. No. 146531 | 2005-03-18

D E C I S I O N 


SANDOVAL-GUTIERREZ, J.: 


    Before us is a petition for review on certiorari under Rule 45 of the 1997 Rules of Civil Procedure, as amended, assailing the Decision[1] dated December 21, 2000 of the Court of Appeals in CA-G.R. SP No. 60966, "Domingo R. Manalo vs. PAIC Savings Bank, represented by the Liquidator/Receiver, PDIC, and Therese Villanueva Vargas." 

The factual antecedents as borne by the records are: 

    On July 19, 1983, S. Villanueva Enterprises, Inc., represented by its president, Therese Villanueva Vargas, impleaded as a respondent, obtained a P3,000,000.00 loan from...