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Solid Homes, Inc., et al. vs. Hon. Intermediate Appellate Court, et al

SOLID HOMES, INC. and V.V. SOLIVEN REALTY CORPORATION, Petitioners, versus HON. INTERMEDIATE APPELLATE COURT, BENJAMIN V. ZABAT and LUNINGNING ZABAT, Respondents.

G.R. No. 74269 | 2006-11-27

THIRD DIVISION
 
D E C I S I O N 
 
Tinga, J.: 
 
These consolidated cases stemmed from a Decision[1] of the then Court of First Instance (CFI) of Rizal, Branch 15, awarding private respondents as plaintiffs in an action seeking rescission of contract with damages in the amount of P15,938.00, with interest, as well as actual, moral and exemplary damages plus attorney's fees.[2] The petition in G.R. No. 74269 seeks the review of the interest rate of 12% per annum imposed by the then Intermediate Appellate Court (IAC) when it affirmed the CFI's decision; while the other petition, G.R. No. 92137, questions the...