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Equitable PCI Bank vs. Tan

EQUITABLE PCI BANK, Petitioner, versus ARCELITO B. TAN, Respondent

G.R. No. 165339 | 2010-08-23

D E C I S I O N

PERALTA, J.:

Before this Court is a petition for review on certiorari under Rule 45 of the Rules of Court seeking to set aside the Decision[1] and the Resolution[2] of the Court of Appeals (CA) in CA-G.R. CV No. 41928.

The antecedents are as follows:

Respondent Arcelito B.Tan maintained a current and savings account with Philippine Commercial International Bank (PCIB), now petitioner Equitable PCI Bank.[3] On May 13, 1992, respondent issued PCIB Check No. 275100 postdated May 30, 1992[4] in the amount of P34,588.72 in favor of Sulpicio Lines, Inc. As of May 14, 1992, respondent's balance with petitioner was P35,147.59. On...