Back

RPRP Ventures Management and Development Corporation Vs. Hon. Teofilo L. Guadiz, Jr., et al.

RPRP VENTURES MANAGEMENT & DEVELOPMENT CORPORATION, Petitioner, versus HON. TEOFILO L. GUADIZ, JR., Presiding Judge, Regional Trial Court of Makati City, Branch 147; metropolitan bank and trust company and atty. Enriqueto magpantay, in his capacity as a Notary Public of Makati City. Respondents.

G.R. No. 152236 | 2010-07-28

DECISION


PERALTA, J.:

This is a petition for review[1] on certiorari under Rule 45 of the Rules of Court seeking to nullify and set aside the Decision[2] of the Court of Appeals (CA) dated September 4, 2001 and its Resolution[3] dated January 17, 2002.

The antecedent facts are the following:

On September 26, 1997, petitioner was granted a loan in the amount of Forty Three Million (P43,000,000.00) Pesos by Metrobank, for which the former signed a promissory note[4] in favor of the latter. As a security for the said loan, petitioner executed a Deed of Real Estate Mortgage[5] dated September 25, 1997 over a property situated in Makati...