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Philippine National Bank vs. Sanao Marketing Corporation, et al.

PHILIPPINE NATIONAL BANK, Petitioner, versus SANAO MARKETING CORPORATION, SPOUSES AMADO A. SANAO and SOLEDAD F. SANAO and SPOUSES WILLIAM (Willy) F. SANAO and HELEN SANAO, Respondents.

G.R. No. 153951 | 2005-07-29

SECOND DIVISION

D E C I S I O N 

Tinga, J.: 

Before the Court is a Petition for Review[1] under Rule 45 of the Rules of Court, wherein petitioner Philippine National Bank (PNB) seeks the review of the Decision[2] rendered by the Court of Appeals Thirteenth Division in C.A. G.R. SP No. 63162. The assailed Decision nullified two orders[3] of the Regional Trial Court (RTC) of Pili, Camarines Sur, Branch 32, which respectively granted PNB's petition for issuance of a writ of possession over seven (7) parcels of land and directed the execution pending appeal of such writ of possession. 

The antecedents are as follows: 

In July...