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Phil. Stock Exchange Inc. et al. Vs. The Manilabanking Corp., et al

PHILIPPINE STOCK EXCHANGE, INC. and the MEMBERS OF ITS BOARD OF GOVERNORS, Petitioners, versus THE MANILA BANKING CORPORATION and the SECURITIES INVESTIGATION CLEARING DEPARTMENT HEARING PANEL consisting of the Hon. Hearing Officers ENRIQUE L. FLORES, JR., ALBERTO P. ATAS, and YSOBEL S. YASAY-MURILLO, Respondents.

G.R. No. 147778 | 2008-07-23

D E C I S I O N


LEONARDO-DE CASTRO, J.:

By this petition for review on certiorari, petitioners seek the reversal of the November 20, 2000 Decision[1] of the Court of Appeals (CA) in CA-G.R. SP No. 58111, as reiterated in its Resolution[2] of April 4, 2001, upholding the March 7, 2000 order of the Securities and Exchange Commission (SEC) en banc in SEC Case No. 08-98-6075, which in turn sustained the order issued by its Securities Investigation and Clearing Department (SICD) Hearing Panel in SEC Case No. 08-98-6075 denying petitioners' motion to dismiss the Petition for Mandamus with Claim for Damages lodged thereat by respondent The...