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Country Bankers Insurance Corporation vs. Antonio Lagman

COUNTRY BANKERS INSURANCE CORPORATION, Petitioner,vs.ANTONIO LAGMAN, Respondent.

G.R. No. 165487 | 2011-07-13

SECOND DIVISION
D E C I S I O N
 
PEREZ, J.:
 
This is a petition for review on certiorari under Rule 45 of the 1997 Rules of Civil Procedure, assailing the Decision1 and Resolution2 of the Court of Appeals dated 21 June 2004 and 24 September 2004, respectively.
 
These are the undisputed facts.
 
Nelson Santos (Santos) applied for a license with the National Food Authority (NFA) to engage in the business of storing not more than 30,000 sacks of palay valued at P5,250,000.00 in his warehouse at Barangay Malacampa, Camiling, Tarlac. Under Act No. 3893 or the General Bonded Warehouse Act, as amended, 3 the approval for said...