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Reliance Surety & Insurance Co., Inc. vs Hon. Andres R. Amante, Jr., et al

RELIANCE SURETY & INSURANCE CO., INC., Petitioner, versus HON. ANDRES R. AMANTE, JR., in his capacity as Presiding Judge, Regional Trial Court, Branch 23, Cabanatuan City, the HON. CITY PROSECUTOR, Cabanatuan City and the PEOPLE OF THE PHILIPPINES, Respondents.

G.R. No. 150994 | 2005-06-30

D E C I S I O N 


Tinga, J.: 

This Petition for Review is the culmination of a wrong-headed approach by a bonding company to acquit itself of liability on purportedly spurious bail bonds issued in its name. Even if we concede the basic premise the questioned bail bonds are indeed false, there are prescribed remedies under our procedural rules which the surety simply failed to avail of despite ample opportunity. Hence, although the lower court decisions under review are not free of flaws the Court is impelled to deny the petition. 

Petitioner Reliance Surety & Insurance Co., Inc. (Reliance) is a duly organized insurance...