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Ayala Land vs. Hon. Lucenito N. Tagle, et al.

AYALA LAND, INC., Petitioner , versus HON. LUCENITO N. TAGLE, in his capacity as Presiding Judge, RTC-Imus, Branch 20, ASB REALTY CORP., and E. M. RAMOS & SONS, INC., Respondents.

G.R. No. 153667 | 2005-08-11

SECOND DIVISION

D E C I S I O N 

CHICO-NAZARIO, J.: 

Civil Case No. 931-94 for nullification of Contract to Sell Real Properties, Cancellation of Annotations on Transfer Certificates of Title and Damages was filed before the Regional Trial Court of Imus, Cavite City, by ASB Realty Corporation (ASB) and E. M. Ramos and Sons, Inc. (EMRASON) against Ayala Land, Inc. (ALI), Emerito B. Ramos, Jr., et al.[1] 

In its complaint, ASB alleged that on 21 May 1994, EMRASON, a real estate company which owns real estate properties in Dasmariñas, Cavite City, with a total area of 372 hectares, whose chairman and president is Emerito M....