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Cemco Holdings, Inc. vs. National Life Insurance (NLI) Company of the Philippines, Inc.

Cemco Holdings, Inc., Petitioner, versus National Life Insurance (NLI) Company of the Philippines, Inc., Respondent.

G.R. No. 171815 | 2007-08-07

                                                 D E C I S I O N

CHICO-NAZARIO, J.:

 

This Petition for Review under Rule 45 of the Rules of Court seeks to reverse and set aside the 24 October 2005 Decision[1] and the 6 March 2006 Resolution[2] of the Court of Appeals in CA-G.R. SP No. 88758 which affirmed the judgment[3] dated 14 February 2005 of the Securities and Exchange Commission (SEC) finding that the acquisition of petitioner Cemco Holdings, Inc. (Cemco) of the shares of stock of Bacnotan Consolidated...