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J. Tiosejo Investment Corporation Vs. Sps. Benjamin and Eleanor Ang

J. TIOSEJO INVESTMENT CORP., Petitioner, versus SPOUSES BENJAMIN AND ELEANOR ANG, Respondents

G.R. No. 174149 | 2010-09-08

DECISION


PEREZ, J.:

Filed pursuant to Rule 45 of the 1997 Rules of Civil Procedure, the petition for review at bench seeks the reversal of the Resolutions dated 23 May 2006 and 9 August 2006 issued by the Third Division of the Court of Appeals (CA) in CA-G.R. SP No. 93841 which, respectively, dismissed the petition for review of petitioner J. Tiosejo Investment Corp. (JTIC) for having been filed out of time[1] and denied the motion for reconsideration of said dismissal.[2]

The Facts

On 28 December 1995 petitioner entered into a Joint Venture Agreement (JVA) with Primetown Property Group, Inc. (PPGI) for the development of a...